Virginia Beach Short Term Rental, Airbnb $1M Insurance Requirement

Virginia Beach has consistently offered a variety of lodging options for tourists including Hotel/Motels, Bed and Breakfast Inns, Country Inns, and Vacation Rentals. With over 2,000 registered short term rentals, the city designed regulations to address public and safety concerns and to protect the personality of their neighborhoods. Beginning November 1st, 2019 the regulations include the following significant items: Hosts must obtain a conditional-use permit to be renewed every five [...]

By |2019-11-27T11:59:51-07:00November 25th, 2019|Regulations|

How to Protect Your Short Term Rental Business: Navigating the Risk of Party Houses

Recent events have cities across the US revisiting how Short Term Rentals are allowed in their communities and debating stricter regulations to avoid increasingly common “party houses”. Short Term Rental Protection (Click here for a 5 minute online quote) How can hosts protect their Short Term Rental business and keep neighbors and city leaders on their side? Proper Insurance recommends NoiseAware. NoiseAware is a proprietary noise monitoring system that tracks the ‘noise score’ [...]

By |2019-11-27T11:58:38-07:00November 19th, 2019|General|

How to Set Up Your Home to Be a Rental Property

By Dylan LeCompte Renting out your house instead of listing it on the real estate market is a common, and even profitable, way to hold on to your property when you aren’t currently living in it as a primary residence. Some homeowners choose this direction when they want to wait to sell when their second home’s value increases or the market turns in their favor. Others may want to come [...]

By |2020-02-07T08:56:36-07:00November 13th, 2019|General|

Boise, ID Residents Await Update on Proposed Short Term Rental Ordinance

While Boise does not currently regulate Short Term Rental properties, the city is considering adopting regulations going into 2020. Comments from the community are now closed while city officials review the proposed ordinance. (Click here to discover other cities adopting Short Term Rental regulations.) “The regulation proposes four restrictions on short terming housing: Require all new short term rental units to be approved by the city through an application process [...]

By |2019-11-27T11:56:24-07:00November 12th, 2019|Regulations|

How Airbnb General Liability Insurance Fits Into Jersey City, New Jersey Short-Term Rental Ordinance

The NY Times, Wall Street Journal, and Fox Business are all reporting today on the Jersey City short-term rental regulation that passed Why so many headlines you might ask?  The reason is Airbnb plans to go public in 2020 and prohibitive regulation makes potential investors uneasy.  What if other cities adopt a similar regulation?  The truth of the matter is common sense regulation surrounding the short-term rental or home-sharing economy [...]

By |2019-11-27T11:55:27-07:00November 6th, 2019|General|

Despite Regulations, Miami Beach is #1 for Most Short Term Rentals Per Capita

The Miami Beach Times recently released results to a survey completed by AirDNA and IPX 1031 regarding the top cities for Short Term Rentals. “Florida is home to seven of the top ten cities with the most Airbnbs per capita. Kissimmee, FL comes in at No. 2 with Walt Disney World Resort and Universal Studios next door, Daytona Beach comes in at No. 4, while Miami, Fort Lauderdale, Orlando, and [...]

By |2019-11-27T11:54:28-07:00November 5th, 2019|Home Sharing, Regulations|