Proper Insurance® (888-631-6680), a US-wide insurer with its head office located in Bozeman, Montana, has updated its short-term property rental insurance service.
—
Developed for property owners who rent out their homes as vacation rentals on popular platforms like Airbnb and Vrbo, the firm’s updated short-term rental insurance is now valid in all 50 states and is designed to protect owners from any kind of damage or disaster.
More details can be found at https://www.proper.insure
With the new peak summer vacation season quickly approaching, Proper Insurance wants to inform homeowners that the standard property insurance they have to cover their home, condo or cabin may be insufficient or void in the case of damage by or injury to a short-term vacation guest.
Therefore, they are proud to be offering a dedicated short-term rental policy that gives the ultimate peace of mind to owners who are renting out their property, whether they do so all year round or only seasonally. As the firm attests, the only way to comprehensively insure a property that is used for short-term rentals is through a commercial package policy.
With Proper Insurance’s commercial package, homeowners will enjoy full replacement cost valuation and full coverage of the building and its contents. There is no limit on damage caused by guests nor on theft or vandalism. Their policy also includes coverage for loss of income in the case of significant damage.
Additionally, the insurers want to stress that standard homeowners’ policies do not cover the liability of any guests who may be staying, which can leave property owners in dire financial straits should an accident occur.
As such, their policy has as standard $1,000,000 of commercial general liability, with an option to increase this to $2,000,000. This liability also extends to property amenities that hosts often provide, like bikes, boats, and golf carts.
Proper Insurance® is one of the country’s top-rated and most popular insurers. With all of their policies underwritten by Lloyd’s of London, they have an A+ Rating on Standard & Poor’s, another A+ rating with BBB, and have received an exclusive endorsement from vacation rental leader Vrbo.
A spokesperson for the firm said, “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 this out the hard way when it comes time to file a claim. The only way to comprehensively insure a short-term rental property is with a commercial package policy. Our commercial policy is second to none in the vacation rental industry and why over 100,000 owners have chosen Proper Insurance.”
More information is available at https://www.proper.insure
Contact Info:
Name: Justin Brodin
Email: Send Email
Organization: Proper Insurance®
Address: 1203 North Rouse Avenue #3D, Bozeman, MT 59715, United States
Phone: +1-888-631-6680
Website: https://www.proper.insure/
Release ID: 89077329
