Specialized insurance coverage designed for short-term rental properties, protecting hosts from liabilities related to property damage, guest injuries, and business interruptions.
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Glossary Term: Short-Term Rental Insurance
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The amount paid to an insurance company to cover potential risks associated with a short-term rental property, such as property damage, liability claims, or loss of income.
The responsibility of a short-term rental host or property manager to compensate for damages or injuries that occur on the property during a guest’s stay. Specific insurance policies for short-term rentals are usually required.
Obtaining adequate insurance protection for a short-term rental property, including coverage for property damage, liability, and potential guest injuries.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, beyond traditional homeowner’s insurance.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, such as property damage and liability.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, providing liability protection, property damage coverage, and income replacement.
Specialized insurance policies designed to protect short-term rental property owners and managers from risks specific to the industry.
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.
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 specifically designed for short-term rental properties, covering potential risks such as property damage, liability, and loss of income.