Vacation Rental Insurance – If You Want To Succeed In The Short-Term Rental Business – You Need This!


Vacation Rental Insurance

Chiang Mai, Thailand - September 4, 2016: Apple iPhone 6s plus with Airbnb application on the screen. Airbnb is a website for people to list, find, and rent lodging.

&NewLine;<p>Running any type of business is risky&comma; and damages happen &&num;8211&semi; it&&num;8217&semi;s just a matter of time&period; We can&&num;8217&semi;t deny that&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>However&comma; if you&&num;8217&semi;re in the short-term rental business&comma; then you know that vacation rental insurance is a must&period; After all&comma; you&&num;8217&semi;re responsible for the safety and security of your guests&comma; and their belongings&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Without insurance&comma; you could be on the hook for damages caused by fires&comma; theft&comma; water damage&comma; and more&period; Not to mention&comma; if someone is injured while staying at your property&comma; you could be liable for their medical bills&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>In other words&comma; vacation rental insurance protects you from financial ruin if something goes wrong&period; It&&num;8217&semi;s an absolute necessity if you want to succeed in the short-term rental business&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading"><strong>So how do you get started&quest;<&sol;strong><&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Well&comma; first things first&colon; make sure you have a solid understanding of what vacation rental insurance covers&period; This will help you choose the right policy for your business&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Next&comma; shop around and compare policies from different insurers&period; Be sure to read the fine print so you know exactly what you&&num;8217&semi;re getting&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Finally&comma; don&&num;8217&semi;t wait until something goes wrong to get insurance&period; The sooner you get covered&comma; the better&period; Vacation rental insurance is an essential part of running a successful short-term rental business &&num;8211&semi; don&&num;8217&semi;t forget it&excl;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading"><strong>Did you know that most standard homeowner’s insurance policies don’t cover vacation rentals&quest;<&sol;strong><&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Vacation rental insurance is designed to protect vacation rental property owners in the event of damage to their property or liability claims from guests&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Theft&comma; water damage&comma; fires&comma; and guest injuries are just a few of the things that could happen while your rental is occupied&period; If you don’t have vacation rental insurance and something goes wrong&comma; you could be on the hook for some serious financial damages&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Vacation rental insurance typically covers the following&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>• Property damage caused by guests<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>• Liability claims from guests<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>• Lost income if you have to cancel reservations due to property damage<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Vacation rental insurance is an absolute necessity if you want to protect your investment and avoid financial ruin&period; Don’t wait until something goes wrong to get covered &&num;8211&semi; get insured today&excl;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>But just because you have insurance&comma; does not mean that you should not prevent damages and such events from happening&period; You can easily communicate with guests and prevent damages from happening by making the rules very clear on all your listings&period; This can be done quite easily with the use of effective<a href&equals;"https&colon;&sol;&sol;lodgable&period;com&sol;"> vacation rental software<&sol;a>&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading"><strong>5 Ways To Prevent Damages To Your Short-Term Rental Property<&sol;strong><&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>Despite your best efforts&comma; accidents happen and damage occurs&period; But there are some proactive measures you can take to help prevent damages from happening in the first place&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Here are 5 ways to prevent damages to your short-term rental property&colon;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>1&period; Do a thorough walk-through of the property with each guest upon arrival&period; This is an opportunity to point out any areas that could be potential hazards&comma; as well as your expectations for guest behavior&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>2&period; Have a strict no-smoking policy in place&comma; and make sure all guests are aware of it&period; Cigarette burns are one of the most common types of damage found in vacation rentals and make sure to communicate this to your guests through your<a href&equals;"https&colon;&sol;&sol;lodgable&period;com&sol;"> vacation rental communication platform<&sol;a>&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>3&period; Put together a welcome package for guests that includes information on how to use appliances and fixtures properly&period; This will help prevent accidental damage&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>4&period; Make sure your property is well-maintained and in good repair&period; This will help reduce the likelihood of accidents and injuries&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>5&period; Have a clear&comma; concise policy in place for damages&period; Be sure to communicate this policy to guests before they arrive&comma; so there are no surprises&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h2 class&equals;"wp-block-heading"><strong>Final Words<&sol;strong><&sol;h2>&NewLine;&NewLine;&NewLine;&NewLine;<p>By taking these proactive measures&comma; you can help prevent damages from occurring in the first place&period; However&comma; even if you do everything right&comma; <a href&equals;"https&colon;&sol;&sol;backstageviral&period;com&sol;10-must-know-facts-about-slip-and-fall-accidents&sol;">accidents<&sol;a> can still happen&period; That&&num;8217&semi;s why vacation rental insurance is so important &&num;8211&semi; it protects you financially if something does go wrong&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Don&&num;8217&semi;t wait until it&&num;8217&semi;s too late &&num;8211&semi; get covered today&excl;<&sol;p>&NewLine;

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