Short Term Rental Properties Can Be Covered!
Are your clients renting out their seasonal homes on sites such as Airbnb, HomeAway, or FlipKey? It's easier than ever for home and condo owners to earn rental income by leasing out their vacation spots on a short term basis. Agents need to be aware of the situation and arrange for proper coverage.
This new way of renting intensifies the risks for the typical homeowner's policy. Both property and liability exposures are increased as others come and go throughout the season. A standard policy may not be able to cover these increased concerns.
Grand General has both admitted and surplus lines policies for homes that are rented on a short term basis. Policies are available for homes of any value, even condos and manufactured homes can be considered.
Need a quote? Have questions about coverage? Please give us a call at 800-869-2022.