Business & Economics
Get Complete Short Term Rental Insurance For Your Airbnb Vacation Property Standard homeowner's insurance isn't going to cover any losses you incur if you rent through Airbnb, Vrbo or other platforms. Proper Insurance offers the flexible commercial liability policy that will help you get the full coverage you need! The company has announced an updated range of policies designed specifically for vacation rental owners through platforms like Airbnb, Vrbo and others. The latest announcement aims to provide a comprehensive insurance option designed to protect vacation rental owners. Standard homeowner's insurance contracts are typically nullified once you decide to rent your property. "The moment your Airbnb listing goes live on the website, you have violated your homeowners or landlord insurance contract," explained a spokesperson for the company. "Both contracts specifically exclude 'business pursuits' and both have a misrepresentation clause that states if there is a misrepresentation from the insured, then the insurance contract is void." Backed by Lloyd's of London, the insurance policies available through Proper Insurance give you extensive coverage for vacation homes, condos, apartments, cabins and many others. The available compensation is a standard $1 million with an optional $2 million of commercial liability insurance, and no limit on damages caused by guests, theft or vandalism. Proper Insurance is currently providing an accessible online quote service allowing you to get a custom quote online in under 5 minutes. With the latest announcement, the company continues to expand its range of high-quality insurance products for homeowners throughout the US. Proper Insurance has written over 40,000 policies in all 50 states, and is currently endorsed by leading vacation rental platform Vrbo. Ready for the quality short- term rental insurance you need? Click on the link in the description to find out more!