short-term rental

Are You Actually Protected? 5 Important Things Every Host Needs to Understand About the $1M Airbnb Host Guarantee.

Many short-term hosts using the Airbnb platform are familiar with Airbnb’s Host Protection Guarantee and think of it as a free insurance policy. Without a closer examination of the Terms and Conditions of the Host Protection Guarantee, one may assume that they possess adequate insurance through this program.  However, there are multiple aspects of the program that make it prudent for conscientious hosts to consider third-party insurance if they [...]

By |2021-12-21T13:11:04-07:00June 18th, 2019|Short Term Rental Insurance|

Airbnb® Dispute Over 1.8 Million Dollar Home in Flames

An investigative report stretching over 5 months was recently released by NBC Bay Area, highlighting the dangers of relying on Airbnb’s Host Guarantee insurance. The loss of a $1.8 million home in Sonoma, CA, burned to the ground by causes ‘unknown’ but likely stemming from short-term vacation rental guests booked though Airbnb, caused an uproar in the vacation rental community when Airbnb suspended the claim for 16 months before [...]

By |2020-03-18T15:40:39-06:00June 10th, 2019|Short Term Rental Insurance|

Buffalo, Amherst, Western New York, Nearing Consensus on Short-Term Airbnb® Rental Insurance Regulation

Weeks after being introduced to the Buffalo Common Council, an ordinance requiring short term vacation rentals to register with the City has the support of Councilmembers and Town Supervisors. Seen largely as a first step, this ordinance will require short term rental properties to pay a fee to the governing body, as well as maintain a local contact with the city in case of emergency.  The nearby town of [...]

By |2020-06-30T11:36:29-06:00June 3rd, 2019|Short Term Rental Insurance|

$11.6 Million Verdict Against Short-Term Rental Owner [Updated 2021]

Shock waves are reverberating through the short-term rental community after Fox10 reported the verdict, handed down by an Alabama judge, for $11,600,370.84, against the owners of a short-term vacation rental property.  What Exactly Happened?  According to the complaint, an extremely inebriated short-term renter dove into a pool/lagoon which was 3 feet deep, broke his spine and is a quadriplegic.  The plaintiff claimed the vacation rental owners knew the lagoon was shallow [...]

By |2021-11-08T11:13:55-07:00May 28th, 2019|Short Term Rental Insurance|

Should You Allow Pets at Your Vacation Rental? [Updated 2021]

Whether you’re an animal lover or not, you’ve surely contemplated whether or not to allow pets in your vacation home.  It’s important to understand the pros and cons of allowing pets and the pet liability risk that you could be facing before an issue arises.  While allowing pets can greatly increase your guest pool, it can also increase the pet liability risks at your short-term rental.   In this article [...]

By |2021-08-11T13:39:36-06:00May 27th, 2019|Short Term Rental Insurance|

A Case Study: “Business Income – Property Managers Commission”

In four short years, Proper Insurance® has written over 40,000 insurance policies for vacation rental owners across the U.S.  A huge part of our success has been the referrals we receive from vacation rental property managers.  Small and large, our strategy with managers has always been to provide a superior product, pay claims, and provide world-class customer service.  Because of this, Proper gains property managers' top referral spot and [...]

By |2020-09-04T09:32:01-06:00April 4th, 2019|Short Term Rental Insurance|

What Is The Cost Of Short-Term Rental Insurance?

First, We Must Understand What Short-Term Rental Insurance Is For the purposes of writing this article and the business we are in, we are defining short-term rental insurance as something for the property owner to purchase, not the guest.  This article is intended to educate property owners on the potential exposure and risk of insuring a short-term rental property, one that would be rented to others on a short-term [...]

By |2021-12-06T11:36:35-07:00March 28th, 2019|Short Term Rental Insurance|

How to Prepare Your Home for the Short-Term Rental Market [Updated 2022]

Have you been thinking about joining the short-term rental industry by starting your own vacation rental?  When it comes to short-term rentals, getting your property listed on sites like Airbnb or Vrbo isn’t difficult.  In fact, you can have your home or apartment listed on most booking sites within just a few minutes.  But that doesn’t mean you should just make a listing in hopes of generating some side [...]

By |2022-03-17T13:12:47-06:00October 15th, 2018|Home Sharing Insurance, Short Term Rental Insurance|

Fresh Products in the Vacation Rental Industry Mean Less Worrying

Twenty years ago, dissemination of information required a 56k dial-up tone, now it’s done by simply uttering ‘Hey Siri’. These leaps in technology have certainly changed our lives, and have also impacted how we interact with our home as well. Passive assistant-listening devices such as the Amazon Echo, Google Home, and Apple Homebot can play music, order products, and answer questions- effectively transforming your house into a smart home. [...]

By |2020-09-03T16:33:29-06:00August 20th, 2018|Property Managers, Short Term Rental Insurance|

More Than $3,000 In Damages to Cape Cod Airbnb Home

Like many other property owners, Ron Kohlman decided to list his Cape Cod home on Airbnb to make a few extra bucks throughout the year. Unfortunately, his moneymaking idea ended up costing him cash rather than making it. Worse yet – the damage to his property was caused by not one but two back-to-back guests, which just goes to show how common property damage is in home sharing. The [...]

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