Internet-connected security systems that provide remote monitoring and control of security features like cameras, alarms, and motion detectors in rental properties.
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Glossary Term: Property Protection
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Using data from IoT devices to identify and mitigate potential risks, such as detecting potential security threats or monitoring environmental conditions that could lead to property damage.
While controversial, some hosts use Ihome security cameras to monitor exterior areas of their properties for safety and security purposes, adhering to legal and ethical guidelines.
A refundable amount of money collected by hosts from guests before their stay to cover potential damages or losses to the short-term rental property.
Insurance policies or security deposit options that provide financial coverage for potential damages to a short-term rental property caused by guests.
The process of preparing a short-term rental property for the winter season, including protecting pipes from freezing, insulating windows, and ensuring heating systems are functional.
A rule established by hosts prohibiting parties or large gatherings in the short-term rental property to prevent noise complaints, property damage, and security risks.
Security measures implemented by the host to ensure the safety and protection of both the property and guests, such as security cameras, alarms, or on-site personnel.
Specialized insurance policies designed to cover liabilities and potential damages associated with hosting short-term rentals, beyond traditional homeowner’s insurance.
A set of guidelines and expectations communicated to guests regarding their behavior, property use, and overall conduct during their stay.
Insurance coverage that protects hosts from financial losses due to property damage, accidents, or liability claims arising from guest stays.
Proactive measures taken by short-term rental hosts to minimize the risk of property damage by guests, including clear house rules, security deposits, and guest screening processes.