Short-Term Rental Insurance For Airbnb Owners Commercial Liability Policy Launch
Nov 9, 2022
A Bozeman, MT-based insurance agency (888-631-6680) announces short-term rental coverage solutions for Airbnb, Vrbo, and Vacation Rental property owners.
Missoula,United States - November 9, 2022 /PressCable/ —
The latest launch from Proper Insurance provides owners of vacation rental homes with expertise in finding the right policy to ensure their operations and investments are protected. The company is seeking to address the growing problem of coverage gaps and the reality that standard homeowner policies are unfit for purpose when short term renting to third parties.
More details can be found at https://www.proper.insure/short-term-rental-insurance
The announcement highlights the importance of adequate liability insurance for short-term rental properties. Proper Insurance offers a specific policy, customized to cover a range of vacation properties such as townhouses, condos, duplexes, cabins, cottages, and apartments among others.
The popularity of websites such as Airbnb has grown dramatically in recent years as vacationers look for alternatives to expensive hotels or traditional guest houses. The platform, and other similar companies, have millions of hosts across the globe with many homeowners keen to generate extra revenue through a summer property or by renting out their own home for a holiday season.
Proper Insurance’s short-term rental product covers property owners for items that are neglected in traditional landlord or homeowners policies. These include bed bug protection, loss of income, liquor and pet liability, and liability protection for amenities such as bikes, golf carts, or boats both on an off the owner’s property. The policy also offers financial protection against intentional acts of vandalism.
Other product highlights include special causes of loss for a building and its contents and replacement cost valuation. Proper Insurance offers a standard $1,000,000 of commercial liability coverage with the option of an extra $1 million.
The agency has already provided insurance for over 100,000 owners with its vacation rental coverage leading the way in the commercial liability sector. Proper Insurance can also advise clients on making changes to their properties to avoid ‘slip and fall’ claims which are common in the holiday let industry.
A spokesperson says, “Simply adding a limited endorsement to a homeowner’s or landlord policy and calling it short-term rental insurance is not good enough. Too many property owners have found out the hard way when it comes time to file a claim.”
For more information, interested parties can visit https://www.proper.insure
Contact Info:
Name: Michael Stronberg
Email: Send Email
Organization: Towne Mailer
Address: 2424 S Garfield St #6544, Missoula, MT 59801, United States
Phone: +1-406-541-6245
Website: https://www.townemailer.com/
Source: PressCable
Release ID: 89084562
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