By getting one of these policies, vacation rental owners can enjoy peace of mind as their rental properties get additional protection not offered by standard home insurance. Coverage includes damage to the property, as well as niche protections for liquor liability, squatters, and bed bug infestations.
More information about Proper Insurance’s offer is available via https://www.proper.insure/vacation-rental-insurance
This announcement coincides with the arrival of the holidays, a period when many people rent vacation homes. All insurance packages are underwritten by Lloyd’s of London, the market leader in the short-term rental insurance segment.
Unlike a standard home, rental properties experience much more wear and tear as various people use them throughout the year. Since damage caused by renters is not covered by a home insurance plan, vacation rental owners may be forced to foot exorbitant repair bills.
Proper Insurance offers coverage that’s designed specifically for those who rent out their house on Airbnb and Vrbo. It has so far written over 50,000 policies — a testament to its expertise in this sector.
These plans can protect all kinds of vacation homes, including single-family properties, condominium units, townhouses, and cabins. They also protect against all legal liabilities, such as injuries sustained by renters during their stay. For example, the policy offers protection should a guest be injured using offered amenities like bikes, boats, and swimming pools.
To help prospective clients see which package is ideal for them, the insurance specialist offers a no-obligation quote. Furthermore, the premium estimate can be requested online for further convenience.
About Proper Insurance
Proper Insurance’s goal is to help clients protect and maximize their real estate investments. As such, it has become one of the few brokerages that specializes in short-term rental property insurance. Given its expertise, the company has been featured in several print, TV, and online channels.
A spokesperson says: “Proper Insurance leads the nation in vacation home rental protection, having written policies for clients in all 50 states. Backed by Lloyd’s of London and with an exclusive endorsement from vacation rental leader Vrbo, our company is built on world-class insurance coverage.”
Interested parties may visit https://www.proper.insure if they need further details about the company and its services.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Emerald Journal journalist was involved in the writing and production of this article.