Airbnb & Vrbo Short-Term
Rental Property Owners
Need This Hospitality
Does your short-term rental property have adequate insurance? Discover how this specialist
policy can help! Frederick, Maryland-based vacation-property insurance specialist Proper
Insurance has launched an expanded range of products designed specifically for owners of
short-term rental properties.
The recently expanded range of
insurance products are underwritten
by Lloyd’s of London, and can fully
replace both homeowner’s (HO) and
landlord (DP) policies.
Given the ease with which property owners can now advertise their
property, there are an estimated 2 million properties on the short-term
rental market as of 2021.
Most homeowner and landlord
insurance policies do not cover
Most homeowner and landlord insurance policies do not cover
short-term rentals. This field is covered by hospitality laws and
requires specialized insurance.
The new range of policies from Proper
Insurance are designed to cover the
broad range of issues specific to short-
term rentals such as fire or vandalism,
personal injury, and business income
The new policies from Proper Insurance provide commercial building
and contents coverage, including amenities such as bikes, boats or
Unlike homeowner's insurance,
commercial-form insurance does
not have any restrictions on
Proper Insurance policies also provide $1,000,000/$2,000,000 in
commercial general liability. Should a guest be injured or killed
whilst on the property, the owner will be covered.
Policies will also provide
$1,000,000 in personal liability
for owners who are injured while
staying at the property.
Proper Insurance is exclusively endorsed by property rental
companies such as Vrbo and HomeAway.
The company has an A+ rating
from the Better Business Bureau
(BBB), as well as Standard and
Click on the link in the description for more information!