If you own a property or set of properties that you put on the market as short-term rentals, you are encouraged to insure those properties. Those who rent out their property in this manner do it for different reasons. While there is a lot to be gained, there can also be a lot of maintenance to complete, too.
Here are three reasons to consider acquiring vacation rental insurance in Temecula.
Airbnb, VRBO, Homeaway Properties Are Accepted
Insurance companies are in the business of risk. It is their job to insure against risks. There are situations that even the insurance companies will not cover because the risk is so high. If you rent you property through Airbnb, VRBO or Homeaway, these properties are accepted and can be covered.
No Size Limit on Houses
In addition to some insurance companies covering short-term rentals listed on websites, these same companies will not put a size limit on houses. This is great for those who rent out larger homes with several bedrooms and bathrooms. These kinds of houses are popular because they allow friends to split the costs among the group.
Personal Injury Protection
The reason why you purchase an insurance policy is to cover yourself against financial loss in case something goes wrong. Some policies will cover personal injury that occurs on your property. The hope is that everyone will be safe and careful, but things happen.
To acquire more information about vacation rental insurance in Temecula, contact Old Harbor Insurance Services at (000) 297-0000. Also follow on Facebook.
