You need short-term rental property insurance for one simple fact...
Short-term rental properties are considered a business activity, and homeowners insurance usually excludes business-related claims. That's why you need proper short-term rental property insurance coverage.
Once you list your property on sites like Airbnb, VRBO, and money changes hands, 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! That is why it is important to have the best rental property coverage.
Protect your rental property with a CBIZ short-term vacation rental insurance policy, developed exclusively for short-term rental properties. Our short-term vacation rental insurance provides property (building and contents), liability, and loss of income
