Proper Insurance (888-631-6680) has updated its Airbnb short-term insurance policy coverage to better reflect the needs of homeowners and changes in city regulations nationwide.
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As part of its updated services, the agency provides Airbnb, Vrbo, and short-term rental property coverage backed by Lloyds of London. These are commercial liability policies that are purchased in addition to homeowner’s coverage and geared specifically for the property owner who houses temporary, paying guests.
More information can be found at https://www.proper.insure
Proper Insurance, which enjoys an A+ rating on Standard & Poor’s, now offers vacation rental owners comprehensive coverage that includes business income, liquor liability, and things that might not typically cross the homeowner’s mind, like bed bugs. A standard homeowner’s policy is insufficient and may in some cases provide no coverage at all: many property owners are refused coverage on their claims outright, especially if they had not disclosed their short-term rental business. Similarly, landlord policies carry a “business activity” exclusion.
The United States alone has nearly 700,000 listings, the most of any country worldwide. While Airbnb has its own damage policy, compensation options are very limited and will not typically cover the homeowner against financial costs incurred due to guest damage. Incidental damage from Airbnb guests now accounts for a sizable portion of properties’ long-term operating expenditures – but short-term rental insurance can increase a property’s viability.
The Proper Insurance policy covers vacation homes, townhouses, condos, duplexes, cabins, cottages, and apartments – offering liability protection for amenities hosts often include with rentals like bikes, small boats, and golf carts. With expert vacation rental underwriters, Proper Insurance can tailor a policy specific to any short-term rental property – a property that is rented for less than 30 days at a time.
The Proper Insurance policy is a business policy, and as such, it meets the requirements of community regulations and ordinances now in place across the U.S. – from Austin to New Orleans, Nashville to Chicago. These communities mandate business licenses and $1 million in commercial liability coverage. Proper’s Lloyds of London Insurance policy fulfills these standards while imposing no limit on damage caused by the guest or on theft and vandalism.
One customer commented: “Ashley Haley and Proper Insurance have made my life so much easier with excellent customer service, incredible rates, and coverage that fits every need of each rental property I own. This company, and this amazing agent, set the bar for vacation rental insurance. No one compares.”
Interested parties can learn more at https://www.proper.insure/airbnb-insurance
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: 89080937
