Updated on November 21, 2023
Proper Insurance is the nation’s leading short-term rental insurance provider, offering comprehensive coverage to address the unique challenges and risks of owning a vacation rental. Through partnering with Rent Responsibly, we aim to share our knowledge on common coverage gaps found in standard Homeowners and Landlord policies that leave short-term rental owners unknowingly exposed.
The Proper Insurance policy replaces inadequate Homeowners and Landlord policies by providing unmatched coverage for your property, liability, and revenue, including:
Commercial Business Liability: This coverage meets or exceeds standard STR regulations and addresses your most significant exposure as an owner, with $1M and $2M coverage options for commercial general liability to protect you should a guest be injured on or off your property, injure someone else, or cause damage to another’s property.
Building & Contents Coverage: This ensures your building(s) and contents are insured on an all-risk basis with reimbursement for replacement cost valuation, meaning you get new for old at the time of a covered loss.
Business Revenue Protection: This protects your business revenue against unforeseen circumstances such as water, hail, or guest damage that could prevent you from renting your property.
Custom Coverages: Additional coverages include guest-caused theft/damage, amenity liability (pools, hot tubs, bikes, kayaks, etc.), bed bugs, fleas, squatters, and more.
Call Proper today at 888-631-6680 or submit a quote below to receive a complimentary consultation and coverage comparison. This session will address the specific needs of your short-term rental property and provide you with a clear understanding of the insurance solution that best suits your business.
Proper Insurance provides a policy that replaces inadequate Homeowners and Landlord policies with unparalleled protection for your property, revenue, and liability, customized to include guest-caused theft/damage, liquor liability, amenity liability, bed bugs, squatters, and more, so you know you’re covered.
