Insurance for Short Term Rental Properties

Some Airbnb hosts have encountered bewilderment when attempting to insure their short term vacation rental properties. Insurance companies haven’t always understood how to properly protect vacation rentals or short term rentals. Does an STR need homeowner’s insurance? Landlord insurance? How is it covered? If you’re thinking of investing in short term rentals or are currently hosting an Airbnb, this episode will open your eyes to how to protect your property and even your income. 

Special guest Darren Pettyjohn, co-founder of Proper Insurance and Waivo, saw the need for a new type of insurance policy designed specifically for Airbnb hosting and other short term rentals. He simplifies the complexities of insurance for Airbnb hosts and explains why a property’s changing occupancy throughout the year can present different liabilities. He also discusses how insurance can protect your income from lost bookings due to unforeseen circumstances, from harsh weather to vandalism and more.