Maximize Short Term Rental Success With Essential Insurance Insight
Cost Considerations and Finding the Right Policy
The cost of short-term rental insurance can vary widely based on factors such as location, property size, and the level of coverage required. On average, policies can range from $500 to $2,000 annually2. It's advisable to compare quotes from multiple providers to ensure you're getting the best deal.
When browsing options, consider insurers who specialize in short-term rental coverage, as they often provide more comprehensive and cost-effective solutions. Many companies offer discounts for bundling policies or for properties with security systems installed.