A security system with 24/7 professional monitoring that can provide alerts in case of emergencies, enhancing guest safety and property protection.
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Glossary Term: Property Protection
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A colloquialism for security measures implemented at short-term rental properties, such as security cameras, smart locks, and noise monitoring devices.
Specialized insurance coverage designed to protect short-term rental hosts from liabilities and property damage that may occur during a guest’s stay.
A set of guidelines and expectations established by the host for guest behavior during their stay at the rental property.
Insurance or security measures in place to protect hosts from financial losses due to damages caused by guests or other unforeseen events.
Insurance coverage that protects hosts from financial losses due to accidental damages caused by guests during their stay.
Insurance policies or security deposits designed to safeguard hosts from financial losses caused by accidental damages, leaks, or other unforeseen events.
Insurance policies or security deposit options that safeguard hosts against financial losses resulting from accidental or intentional damage to their property by guests during their stay.
A type of insurance policy that covers multiple parties involved in a short-term rental, such as the owner, property manager, and any contractors, under a single policy.
A hypothetical term referring to the process of thoroughly vetting potential guests to minimize risks associated with property damage, noise complaints, or other issues. Implementing effective guest screening procedures is essential for protecting your property and ensuring a positive experience for all guests.
The amount a short-term rental host is responsible for paying out of pocket in the event of a covered insurance claim, before the insurance policy covers the remaining costs.
The use of internet-connected sensors to detect leaks in plumbing or appliances, enabling quick response and minimizing potential water damage.