A legal entity designed to hold ownership of a vacation rental property, offering potential liability protection and tax advantages to the owner.
Glossary Term: Liability Protection
A type of liability insurance that provides additional coverage beyond the limits of a host’s primary insurance policies, protecting them from potential risks associated with renting out their property.
Different insurance policies relevant to short-term rental hosts and property managers, including property insurance, liability insurance, and host protection insurance.
Specialized insurance policies that provide coverage for short-term rental properties and hosts, protecting against potential liabilities and damages.
A type of insurance that protects short-term rental hosts from financial losses arising from claims of bodily injury or property damage.
Securing comprehensive insurance policies specifically designed for short-term rental properties, covering liabilities, damages, and potential risks.
Specialized insurance coverage designed to protect short-term rental businesses from risks associated with online operations, such as cyberattacks, data breaches, and online liability claims.
Specialized insurance coverage designed for short-term rental hosts, protecting against liabilities related to property damage, guest injuries, and business interruptions.
A legal entity designed to hold and protect assets, like short-term rental properties, from potential liabilities and creditors. This can be particularly beneficial for hosts with multiple properties.