SHORT TERM RENTAL INSURANCE Before you start listing your place on a travel platform, keep in mind, not every home in Florida is eligible for renting. “Florida has zoning laws that restrict shortterm rentals to specific areas,” says Ellsworth Buck, Vice President of GreatFlorida Insurance, Florida’s largest independent homeowners insurance provider.
Homeowners or condo associations along with coops and landlords may also prohibit shortterm rentals.
Whether your vacation home is your primary residence or not, you still want to protect your investment. Having the proper insurance will do just that.
Ellsworth Buck says, ''Having homeowners insurance or renters
"
insurance is not usually adequate to cover your short- term rental
Homeowners insurance and renters insurance will cover your guests but not someone you are engaged in business transaction with.
It is important to speak with your insurance agent before getting started. Shortterm rentals are considered more risky to insure as opposed to someone with a yearlong lease agreement. You may need a rider to your current homeowners policy or get rental property insurance. Personal property covers your belongings. Liability protects you against legal fees and medical bills if someone is injured in your home. No matter how safe your home is, accidents are bound to happen.
If you want to rent your home, for a short or long period of time, Contact GreatFlorida Insurance.
Our experienced agents will get you the proper homeowners insurance or shortterm rental insurance to protect your belongings and home from potential damage or theft.
www.greatflorida.com 8884787801