The upgraded plans are meant to supplement standard homeowner’s insurance, whose gaps can leave Airbnb & VRBO owners at a disadvantage. Since these policies are written specifically for short-term rentals, they cover damage caused by guests, liquor liability, bed bug removal, and more.
More information about Proper Insurance is available via https://www.proper.insure
Owners of vacation cabins, condominium units, and townhouses can take advantage of these newly added policies. They can also add enhancements that cover amenities advertised for guest use, such as golf cards and small watercraft.
People who invest in second homes often rent them out to generate additional income. Unlike regular houses, however, these properties are more prone to wear and tear given the number of guests that use them throughout the year.
Unfortunately, a typical homeowner’s insurance policy offers limited protection when a property is used for business purposes. As such, Proper Insurance offers plans that cater specifically to those who own short-term rentals.
In addition to the above benefits, vacation rental policies can also reimburse lost revenues while a property is being repaired. Likewise, since the policy includes commercial liability, legal expenses would be covered above and beyond the cost of settlement, should a guest be injured and sue.
Prospective clients can take a three-minute survey to get a cost estimate for their plan.
About Proper Insurance
Proper Insurance sells niche plans that provide vacation rental owners a safety net should untoward events happen on their property. It is accredited by the Vacation Rental Management Association (VRMA) and was given an A+ rating by the Better Business Bureau (BBB). It caters to both individual owners and property management companies throughout the United States.
A satisfied client shared this review: “Our clients love Proper Insurance. It’s the ultimate peace of mind to know that, no matter what happens, no matter how many guests go in and out of their property, things will be in good hands should any problems ever arise.”
Interested parties may visit https://www.proper.insure/vacation-rental-insurance if they need further details about policies’ coverage
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Yama Journal journalist was involved in the writing and production of this article.