Short-Term Rental Property Insurance – Comprehensive Commercial Coverage Updated

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Proper Insurance, the leading short-term rental insurer in the U.S., has updated its services, providing comprehensive coverage for clients’ properties, commercial liabilities, and business income.

The company, which enjoys an A+ rating by Standard & Poor’s and BBB, will now tailor policies specific to any short-term rental property, including vacation homes, townhouses, condos, duplexes, cabins, cottages, and apartments.

More information can be found at

Proper Insurance, which is underwritten by Lloyd’s of London, now offers broad coverage to meet the very specific needs of the short-term rental industry and ensure that its clients’ Airbnb, Vrbo, TripAdvisor, or vacation rental properties are fully protected. For insurance purposes, a property that is rented for less than 30 days at a time is typically considered short-term.

Short-term rentals have become increasingly popular over the last ten to fifteen years. Airbnb alone reports almost six million active listings globally, and over 2.5 million rental properties in the U.S. are seasonal. Property owners can take advantage of the fact that short-term rentals can be a more appealing and affordable option than standard hotels, offering better amenities and a homier feel.

However, standard homeowner insurance policies do not cover short-term rental operations or paying guests; in fact, they specifically carry a “business activity exclusion.” Proper Insurance, with over 50,000 policies under its belt, covers all the items needed by property owners in typical homeowner/landlord policies fail to address. It is written as a business policy and also offers personal liability coverage when the short-term rental “doubles” as the owner’s primary residence.

The company offers insurance for loss of business income, bug infestations, and liability coverage for liquor either provided to or left behind by guests, to name a few. Proper Insurance policies also provide liability coverage for property entrustment to others and guest amenities such as bikes, golf carts, and small boats. Intentional acts of theft and vandalism are likewise covered.

The Proper Insurance team is a collaboration of individuals with over 50 years of experience in niche insurance. The Proper Insurance short-term rental all-inclusive insurance policy was developed in concert with Lloyd’s of London – the world’s premier insurance underwriter for over 300 years – and covers the unique risks associated with short-term vacation rental properties.

One client commented: “Upon checking the nuances of short-term rental insurance, I came to the realization that I was really risking it in the traditional way with our AirBnbs. Enter Proper and more specifically Taylor…A reputable company, progressive product, and professional team help me sleep soundly…. just like my short-term guests.”

Additional information can be found at

Release ID: 89065517