How to Properly Insure your Short-Term Rental – an interview on short-term rental insurance with Darren Pettyjohn

We are happy to present an overview of a recent interview between Darren Pettyjohn, Co-Owner of Proper Insurance, and the hosts at Thanks for Visiting. It is a great discussion regarding short-term rental insurance and the details hosts need to consider when starting their business.  Every host is excited to start up their business and welcome their first guests. Having dedicated time and money to making their property ‘just [...]

COVID-19 Relief Options for Short-term Rental Hosts and Property Managers

These are the most difficult times many of us have experienced in the vacation rental world. While none of us could have imagined a time such as now, we must remain optimistic and work together to bridge this gap so we may continue the unprecedented growth of the short-term rental industry.  So, what are the Covid relief options for short term rental owners and managers? As members of the [...]

5 Need-To-Know Tips for Buying a Vacation Home

After years of hard work, it’s no wonder you’d like to take a well-deserved break. Those who are fortunate enough to reap the benefits of years in the workforce often do so by acquiring a vacation home. The idea of a vacation home in your favorite place on a sunny beach sounds dreamy, but it’s important to be both realistic and prepared when it comes to this investment. You [...]

By |2020-08-26T15:26:25-06:00March 24th, 2020|General Short Term Rental Insurance Info|

What Is The Vacancy Clause? [Updated 2021]

Nearly all vacation rental home insurance policies have what’s called a ‘vacancy clause‘ and it’s important every owner understands its limitation.  The average vacancy rate in short-term rentals is around 30%, which is about 109 days.  Vacant or unoccupied properties pose higher risks because no one is around to identify potential problems.  What does this mean from an insurance perspective? No Coverage for Vandalism, Water Damage, and Theft If [...]

By |2021-06-07T08:47:59-06:00March 19th, 2020|General Short Term Rental Insurance Info|

The Importance of ‘Loss of Business Income’ for Your Short-Term Rental [Update 2021]

Ever wonder how your local coffee shop would survive if they had a fire? The obvious answer is insurance, but while they likely have a policy to cover reconstruction, what about daily operations and revenue they’re unable to generate during a rebuild?  The answer is a coverage called Loss of Business Income, a standard protection on commercial policies. What About My Short-Term Rental? After all, your rental has income [...]

By |2021-06-03T11:43:48-06:00March 10th, 2020|General Short Term Rental Insurance Info|

Vacation Rental Liability: What Every Owner Needs To Know [Updated 2021]

Most vacation rental owners do not fully understand the potential liability of owning a short-term rental. With over 50,000 vacation rental policies issued now, Proper Insurance® has become the nation’s leading expert in short-term rental liability claims. #1 – $1,000,000 in commercial general liability minimum  Most short-term rental owners carry $300,000 – $500,000 in liability coverage, which is not enough. In today’s world, your policy limit needs to be $1,000,000 minimum and we suggest you [...]

By |2021-06-15T10:26:51-06:00March 4th, 2020|General Short Term Rental Insurance Info|

Bed Bug Insurance Coverage, Protecting your Rental from Unwanted Guests [Updated 2021]

Just like your guests, bed bugs love to travel.  Bed bugs aren’t the first item of thought when being a short-term rental owner but it’s important to understand how they can pose a risk at your rental business.  Homeowners spend an average of $1,000-$2,500 to exterminate bed bugs, but it can be as much as $5,000 in a large house.  Not knowing where your guests stayed the night before [...]

By |2021-06-11T08:37:14-06:00February 10th, 2020|General Short Term Rental Insurance Info|

How to Improve Airbnb Renter Experience through Smart Devices

Before flyers, commercials, and pamphlets, people relied on word of mouth to know whether a brand was good or not. With today’s technology, word of mouth has advanced to reviews and testimonies. These reviews are crucial for any industry, but doubly so for those in the rental business such as Airbnb. The Medium reports that it takes around seven reviews before a customer trusts a business, and over 90% [...]

By |2021-06-17T10:37:38-06:00February 4th, 2020|General Short Term Rental Insurance Info|

How to prepare for your short-term rental Superbowl guests – top claims continued

Last week we dove into the details of 'sewer back-up' claims and had such a great response we decided to take a look at another of our most popular claims from 2019 - and given that the Super Bowl is this weekend, this one couldn’t be more appropriate.  Many of you are already booked for televisions biggest weekend, and while major events can be an easy opportunity to fill [...]

Which claim are you most likely to encounter as a host in 2020?

As the year ramps up, we’re all excited to see what 2020 has in store. You’ve survived another holiday rental season, but with spring just around the corner, you may be wondering how you can keep your property better protected this year.  When it comes to short-term rentals, there’s no shortage of incidents you could encounter as a host, but knowing which problems you’re most likely to see can [...]

By |2021-06-17T10:32:11-06:00January 20th, 2020|General Short Term Rental Insurance Info|
Go to Top