Obtaining adequate insurance protection for a short-term rental property, including coverage for property damage, liability, and potential guest injuries.
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Glossary Term: Property Insurance
19 posts
A type of property insurance that protects against damage from events like fire, windstorms, and hail, often required by mortgage lenders and recommended for short-term rental owners.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, including property damage, liability claims, and lost rental income.
A type of insurance policy that provides financial protection to landlords or property owners in case a short-term rental guest needs to be legally evicted, covering potential lost rental income and legal expenses.
The maximum amount an insurance policy will pay out for damages or losses to the physical structure of a short-term rental property.
The amount a property owner is responsible for paying out of pocket before insurance coverage kicks in for damages to the structure of a short-term rental.
A type of insurance policy that protects the physical structure of a short-term rental property from covered perils such as fire, windstorm, or vandalism.