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Home Explore Top Vrbo Insurance Company Provides Bedbug, Amenities, & Liquor Liability Coverage

Top Vrbo Insurance Company Provides Bedbug, Amenities, & Liquor Liability Coverage

Published by francis, 2022-05-27 07:46:22

Keywords: Top Vrbo Insurance Company Provides Bedbug, Amenities, & Liquor Liability Coverage


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Top Vrbo Insurance Firm Provides Bedbug, Amenities, & Liquor Liability Coverage

Staffed by expert vacation rental underwriters, Proper Insurance can tailor policies specific to your short-term rental properties and cover the gaps inherent to a traditional homeowners insurance policy. It is created as a business policy, providing comprehensive coverage for the short-term vacation rental owner's building, belongings, commercial business liability, and company income.

Personal liability is also covered when a short-term or holiday rental is used as your home residence. The US vacation rental market topped $13 billion in 2021 and is now growing annually at approximately 10%, after the drop during the pandemic.

Accordingly, vacation rental property ownership is also expanding - and has turned into a booming market through services such as Vrbo and HomeAway, which showed homeowners that their real estate could be monetized by selling rooms to short-term renters. The Proper Insurance product, exclusively endorsed by Vrbo, covers items Vrbo hosts need protection for.

These include bed bug protection, loss of income, liquor liability, and liability protection for amenities hosts often include with rentals like bikes, boats, and golf carts. Backed by Lloyds of London, Proper Insurance’s comprehensive policy was specifically designed to cover all the non- traditional concerns of the short-term rental market that property owners must contend with. 

There are exclusions in typical policies for “business use” and “vacancy,” among other gaps in coverage that mean almost any claim can be denied.  One recent client commented: \"Ashley Haley from Proper Insurance is, hands down, the best insurance agent I have ever worked with. She is extremely responsive, reliable and efficient. 

As a long time realtor and an owner of multiple short term rental properties, I highly recommend Ashley and Proper insurance for all your rental property needs.\" Can so many people and institutions be so wrong? No. If you are a Vrbo property owner - or any kind of short-term vacation rental host - there is really only one choice. The Proper one.

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