This expansion will allow the accredited insurance company to provide short-term rental homeowners with affordable policies against fire damage, intentional acts of theft and vandalism, bedbugs, and other liabilities.
More details can be found at https://www.proper.insure
As interest in the short-term home rentals industry continues, Proper Insurance’s expansion provides a trademarked policy developed specifically for US-based rental homeowners and hosts on platforms like Vrbo and Airbnb. The company’s product is a business policy that carries commercial general liability, which will keep policyholders in compliance with recent laws in the growing short-term rentals industry.
Proper Insurance is the leading provider of insurance policies for short-term rental homeowners. The company’s new policy was developed to address a significant gap in liability protections offered by the traditional insurance industry. Proper Insurance’s policy covers a variety of property types, including condos, apartments, cottages, townhouses, and cabins.
The company’s policy is backed by Lloyd’s of London and designed specifically for short-term rentals. This provides policyholders with coverage for their business income, their building, its contents, and up to $2 million in liability protection.
Proper Insurance’s team of expert underwriters have a combined experience exceeding 50 years and are well versed in the US vacation rental property sector. These advantages allow the company to provide excellent services tailored to the niche market, and develop policies that ensure customers have adequate protection for their business.
Where needed, the Proper Insurance team can develop unique insurance policies that provide liability protection for special amenities in rental homes, including boats, bikes, and golf carts.
About the Company
Proper Insurance provides personal and home insurance for customers across the US. With over 50,000 policies written, the company has an A+ rating from BBB and S&P and recently received an exclusive endorsement from Vrbo, the leading platform for vacation rental homes.
A representative said, “Not all insurance companies provide the same kinds of homeowners’ insurance protection. Our short-term rental insurance policy was written with the property owner in mind. It replaces the current homeowner or landlord policy and gives the policyholder comprehensive coverage on their short-term rental homes. You can think of it as a combined homeowner, landlord, and business policy.”
For more information, please visit https://www.proper.insure/airbnb-insurance
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