Short Term Rental Regulation in Broomfield, Colorado

Broomfield, Colorado will join many cities in attempting to regulate the burgeoning short-term rental market. Ideas have been that have been proposed include licensure, occupancy restrictions, and primary residence clauses. Short-term rentals can be a great way to earn extra income from properties that one may already own, however these are business ventures and should be treated as such. Businesses are required to obtain permits and licenses. Often, they are [...]

By |2019-09-04T19:59:49-06:00January 21st, 2019|Regulations|

Airbnb Modifies their Host Protection Guarantee

Recently, Airbnb had announced that they would be improving their claims process for Airbnb’s host protection policy. In it, they describe not receiving many claims. Specifically, “Instances of property damage on Airbnb are quite rare. On average, significant claims of damage happen less than .004% of the time.” Quite impressive to be sure, however people in the Airbnb community seem to think otherwise. It may be worth explaining what exactly [...]

By |2019-09-04T20:00:35-06:00January 7th, 2019|Home Sharing|

Massachusetts Airbnb® Insurance Law & How Short-Term Rentals Effected: Boston, Cape Cod, Berkshires, Nantucket, Plymouth, Amherst, Cambridge, Salem, Worcester + More

Massachusetts took a big stance on Airbnb & Insurance this December when Governor Charlie Baker signed a new Act regulating short-term rentals.  Essentially, the new law is treating short-term rentals the same as hotels and not only requires taxation but requires owners/operators to carry a minimum of $1,000,000 in liability insurance.   Here is a copy of the Massachusetts Airbnb Insurance Law. Proper Insurance® foresaw this type of overbearing regulation years [...]

By |2019-10-19T15:33:07-06:00January 5th, 2019|Regulations|