You need vacation rental insurance for one simple fact...
Short-term rentals are considered a business activity, and homeowners insurance usually excludes business-related claims.
Once you list your property on sites like AirBnB, VRBO or money changes hands between you and a guest, your homeowners insurance, landlord policy, pay-as-you-go policy, or host guarantee may not cover you the way you REALLY need it to. Consider these situations :
- What if you are sued by a renter who gets injured on your property?
- What if a renter accidentally causes damage to your property or its contents?
- What if your property incurs damage while it's unoccupied?
You can be held liable for these types of scenarios!
Protect your investment with a CBIZ vacation rental insurance policy, developed exclusively for short-term vacation rentals. Our vacation rental insurance provides property (building and contents), liability, and loss of income coverage.
