Maximize Short Term Rental Success With Essential Insurance Insight

Types of Insurance You Need for Short-Term Rentals

To fully safeguard your property, it's important to understand the different types of insurance available:

• Homeowners Insurance: While this is a fundamental coverage, most standard policies do not cover short-term rental activities. It's crucial to check with your provider to see if an endorsement can be added.
• Short-Term Rental Insurance: Specifically designed for rental properties, this type of insurance covers property damage, liability, and loss of income. Many insurers offer tailored packages to meet the unique needs of short-term rental hosts.
• Liability Insurance: This coverage protects you from claims related to guest injuries or property damage caused by guests during their stay.