Short Term Vacation Rental Insurance

Thinking of renting your home or room as a vacation rental on AirBnB, VRBO or other short-term vacation rental site? Before you do, you’ll want to make sure that you have the proper insurance coverage.

In the case renting out your home or room for money, which would be classified as a landlord-tenant situation, even if that guest is only on your property for a short time, like a weekend.  While sites, like Airbnb, do offer some property protection for hosts against damage by a guest, it does not include liability insurance. A landlord insurance policy from AIC Insurance Agency may cover losses for injury claims by guests, loss of belongings or damage to your home caused by a tenant.

What Sorts of Rentals Are We Talking About?

If you rent under any form of companies such as:

• AirBnB
• HomeAway
• EasyRoommate
• VRBO
• Home Exchange
• Hometogo

You need a specialized form of insurance policy called Landlord Protection Insurance, also known as Vacation Rental Insurance.

What does Landlord Protection insurance include?

Landlords just do not own the home or condo being rented, they may own additional items or toys such as kayaks, hot tubs, bikes etc. that tenants have access to.

When letting renters into your home whether for short or long periods of time, you should do a proper screening.

Additional Coverage Options

There are additional coverage options that may be added to Landlord Protection insurance policy. Talk to an agent about these optional coverages:

• Libel or slander
• Accidental Damage
• Wrongful eviction

Talk to the experts at AIC Insurance Agency today for about Landlord Protection Insurance and a Personal Umbrella policy. Call for a free, no-obligation quote today!