Washoe County has debated short-term rental laws over several years, finally settling on new regulations during a vote on March 23rd. These requirements aren’t new to the area, as other cities nearby already regulate short-term rentals and enforce specific operational standards.
The first big change for hosts in Washoe County is they must now apply for an annual permit prior to listing their property or operating the short-term rental business. Depending on the size of the home and occupancy limits, hosts will pay anywhere from $758-$2,132 with an annual renewal fee of $618.
Active Short-Term Rental Laws in Washoe County
New short-term rental laws in Washoe County will be enforced beginning August 1, 2021 while hosts can begin submitting applications on May 1, 2021. Fines will apply for violations after this date. The city requires the following details along with the permit application:
- A valid STR permit shall be obtained from Washoe County prior to advertising and operation (renewed annually).
- Every STR is required to have a designated agent or property manager functioning as a local responsible party who is available 24/7 to respond via text message or phone to complaints related to the STR.
- No events, parties, or weddings are allowed or may be advertised. A party is defined as any gathering in excess of the approved on-site maximum occupancy associated with the STR permit.
- An STR shall only be rented to one group or person at a time (ex. Renting out multiply individual rooms to multiple separate groups is not permitted).
- All advertisements must include the Washoe County permit number, transient lodging tax license number, maximum occupancy as allowed by the permit, number of beds, number of parking spaces, and a note that no off-site street parking is permitted.
- Certificate of insurance is required identifying that the property is used as a short-term rental and provides a minimum of $500,000 liability coverage per occurrence.
Why verify your short-term rental insurance?
Insurance underwriters and claims adjusters are the groups diving deep into the risks of short-term rentals. An issue right out of the gate is traditional homeowners insurance doesn’t respond to business activity. This leaves big gaps in coverage including property damage and potential liability claims. As Washoe County notes in their new ordinance, hosts must secure insurance to cover their short-term rental business activity and respond to common claims for short-term rentals.
Here are some coverage options you should have in your policy:
- Special form (all risk) for building and contents
- Replacement cost valuation for building and contents
- No limit on theft or vandalism
- No limit on property damage from a guest
- Liability continued over amenities
- Liability continued off-premise
- Lost business income
Quote Your Short-Term Rental Today
Interested in a policy to protect you and your business from liability and damage claims? Proper Insurance leads the Nation in short-term rental insurance, with over 40,000 policies written in all 50 states. Backed by Lloyd’s of London and exclusive endorsements from short-term rental leaders such as HomeAway and Vrbo, Proper Insurance is built on world-class insurance coverage that meets and exceeds both city and lender requirements.