Real Estate & Rentals
Top Short-Term Rental Insurance Firm Offers Coverage For Business Income In the back of your mind, do you imagine pillaging pirates, vandals, and pyromaniacs?! It's pretty likely that if you're not relaxed, your guests won't be either! Proper Insurance, which is underwritten by Lloyd's of London offers broad coverage to meet the very specific needs of the short- term rental industry and ensure that your Airbnb, Vrbo, TripAdvisor, or vacation rental properties are fully protected. For insurance purposes, a property that is rented for less than 30 days at a time is typically considered short-term. Property owners can take advantage of the fact that short-term rentals are often a more appealing and affordable option than standard hotels, offering better amenities and a more homey feel. Standard homeowner insurance policies do not cover short-term renters or paying guests. Proper Insurance, with over 50,000 policies under its belt, covers all the items you need and which typical homeowner/landlord policies fail to address. The company offers insurance for loss of business income, bug infestations, and liability coverage for liquor either provided to or left behind by guests, for example. Proper Insurance policies provide liability coverage for property entrusted to others and guest amenities such as bikes, golf carts, and small boats. The Proper Insurance team is a collaboration of individuals with over 50 years of experience in niche insurance. The Proper short-term rental all-inclusive insurance policy was developed in concert with Lloyd's of London - the world's premier insurance underwriter for over 300 years - and covers the unique risks associated with short-term vacation rental properties. One client commented: "Upon checking the nuances of short term rental insurance, I came to the realization that I was really risking it in the traditional way with our AirBnbs. Enter Proper and more specifically TaylorA reputable company, progressive product and professional team helps me sleep soundly just like my short term guests." Give yourself peace of mind. Everyone benefits! Go to https://www.proper.insure to learn more.