Short Term Rental Insurance For Vacation Property Homeowners: Services Updated

Proper Insurance (888-631-6680) has updated its short-term insurance policy coverage to meet the needs of homeowners nationwide.

As part of its updated services, the agency provides commercial liability policies that complement homeowner’s coverage – ensuring that a client’s Airbnb, Vrbo, or short-term vacation rental property is properly covered. These policies, backed by Lloyds of London, are designed exclusively for landlords who accept temporary, paying guests.

More information can be found at

Proper Insurance, which holds an A+ rating on BBB and Standard & Poor’s, now offers a unique policy that fills the gaps in a traditional homeowners insurance plan, by tailoring a policy specific to the requirements of the client’s property/properties.

A typical homeowner’s insurance is inadequate and may, in some situations, offer no coverage at all. Many property owners are outright denied coverage for their claims, particularly if they failed to disclose their short-term rental business. Likewise, landlord policies provide an exclusion for commercial activities.

Despite inflationary pressures and the strong possibility of a near-term recession, the short-term vacation rental market is expected to grow annually at approximately 11% through the end of the decade. The increased desire for staycations and rising travel and tourism expenditures mixed with guests’ preference for budget lodgings are expected to be the main drivers of market demand. While post-pandemic bookings were slow to rebound, analysts predict that 2023 will be a stabilizing year for an industry that just hit all-time highs in supply, demand, and total revenue.

Vacation homes, townhomes, condominiums, duplexes, cabins, cottages, and apartments are all covered by the Proper Insurance policy. The company’s policy is specifically written to cover things that hosts need protection for but that traditional homeowners and landlord-type policies overlook – such as bed bug protection, income loss, liquor liability, and liability protection for amenities hosts frequently include with rentals, like bikes, boats, and golf carts.

Since the Proper Insurance coverage is a commercial policy, it complies with all current local laws and ordinances across the United States. Both business licenses and $1 million in commercial liability insurance are required by many major American cities. These requirements are met by Proper’s Lloyds of London Insurance coverage, which has no restrictions on theft, vandalism, or damage brought on by visitors.

One client commented: “Cade Bachman provided excellent consultation to us in purchasing Prosper Insurance coverage for our home to cover its use as a vacation rental. The vacation rental activity increased our liability in ways we were not completely aware of. We were very impressed and felt very secure in obtaining the coverage thru Prosper.”

Interested parties can learn more at

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

Release ID: 89089506