Denver, CO short-term rental $1,000,000 liability insurance requirement

Last spring, Denver implemented short-term rental regulations requiring hosts to maintain $1,000,000 liability insurance. Without sufficient liability insurance coverage and the subsequent short-term rental permit, hosts are not able to operate their business. Currently hosts are only permitted to rent out their primary residence, defined as: the usual place of return for housing. View the remaining rules governing short-term rental licenses.  The current guidelines for Denver short-term rentals include [...]

By |2020-04-22T10:44:09-06:00March 18th, 2020|Regulations|

Kansas City, MO short-term rental $300,000 liability insurance requirement

We ended February by discussing the current short-term rental liability insurance requirement in Des Moines, IA, where hosts are required to provide proof of $500,000 liability insurance upon applying for a short-term rental permit. Kansas City may have a less strict regulation with $300,000 rather than $500,000, but they are on the same page with understanding the unique risks of short-term rentals and the need for insurance - especially [...]

By |2020-06-30T11:26:39-06:00March 12th, 2020|Regulations|

Des Moines, IA short-term rental $500,000 liability insurance requirement

Last week we discussed the short-term rental insurance requirement enforced in D.C. Des Moines is another city requiring hosts to secure liability insurance at a minimum of $500,000. “Such coverage shall defend and indemnify the owner, any named additional insured, and any tenants in the building for their bodily injury and property damage arising from the short-term rental use.” According to the City, hosts may choose to secure this [...]

By |2020-03-02T15:10:41-07:00February 25th, 2020|Regulations|

D.C. short-term rental regulations include a $500,000 liability insurance requirement

In Spring 2019, D.C. joined the growing number of cities across the U.S. implementing short-term rental regulations, particularly those which include a liability insurance requirement. View the complete ordinance here.  The regulation includes the following:  24-hour emergency contact posted for each guest Current business license with a short-term rental endorsement Current liability insurance of at least $500,000 The City states the liability insurance can be provided by a booking [...]

By |2020-02-20T13:45:18-07:00February 20th, 2020|Regulations|

Wisconsin publishes short-term rental regulations; property risks, liability & obtaining insurance coverage

Short-term rental regulations are spreading like wildfire all across the U.S. While each state is different, it is vital that Airbnb and vacation rental owners do their research on local laws and regulations prior to entering the short-term rental market. Wisconsin, the Badger State, continues to be proactive and has recently passed new common sense regulations. Property Risks, Liability, & Obtaining Insurance Coverage The Wisconsin Department of Agriculture, Trade [...]

By |2020-06-26T12:08:19-06:00January 30th, 2020|Regulations|

Regulations to be reviewed for 900+ active short-term rental listings in Killington, Vermont

Reviewed and updated on 5/7/2020 Killington Planning Commission introduced a short-term rental registration and permit proposal to the Select Board to review on January 8th. The proposal was introduced amidst an on-going court case involving a short-term rental which was granted a safety permit allowing up to 28 occupants. Despite the permit, the house underwent septic failure as it was not able to sustain the number of guests. City [...]

By |2020-05-07T08:43:11-06:00January 28th, 2020|Regulations|

Regulations Approved for Phoenix Airbnbs

At the start of January, Phoenix implemented regulations for Short Term Rentals requiring hosts to register their rental properties with the city. The city hopes the new regulations will cut out party houses and ensure safety for their neighborhoods. Hosts will post emergency contact information in their home and are required to respond to police inquiries within the hour if a situation should arise as their rental. Fines will [...]

By |2020-06-30T10:56:44-06:00January 23rd, 2020|Regulations|

Approaching Deadline for Select Santa Monica Airbnb Rentals

As of December 10th, Santa Monica reached a settlement with Airbnb requiring all short term rental listings to become compliant with the City’s Home-Sharing Ordinance in the hopes of eliminating illegal listings. The new agreement includes the following guidelines: Airbnb will require all listings to have a City License number. License numbers are provided to hosts who register to home share and acquire a business permit and license. Airbnb [...]

By |2020-06-30T10:58:29-06:00January 14th, 2020|Regulations|

Bowling Green Debates Airbnb Regulations

Cities across the US are establishing regulations for Short Term Rentals, and Bowling Green is one of many. Influenced by negative views on the impact of Short Term Rentals, the City hopes to determine procedures before the market gets out of hand. Opinions on Short Term Rentals include such as these: “Possibly the negative externality that affects the most people is that tourists’ “authentic” travel is coming at the [...]

By |2020-06-30T11:16:09-06:00January 7th, 2020|Regulations|

Prince George Adopts Short Term Rental Regulations, Echoing Airbnbs in Virginia Beach

Beginning October 1st, homeowners are now able to apply for a short term rental permit through the City’s Department of Permitting, Inspections and Enforcement to operate their Short Term Rental by a legal avenue. The accompanying regulations for hosts include notifying their immediate neighbors of their intent to rent out their property, and the home must include certain functioning safety features such as smoke detectors, carbon monoxide detectors, and [...]

By |2020-06-30T11:18:58-06:00December 16th, 2019|Regulations|