Home Sharing Insurance is Here!
by LibertyQuotes
in Business, Cottage Insurance, Insurance News, Liberty Village, Rental Insurance, Toronto
31 Jan 2017
Liberty Quotes is now offering Home Sharing Insurance
With the growing use of home-sharing services like AirBnB and other popular websites, hosts need to protect themselves when renting properties. As of Feburary 1st, 2017 Liberty Quotes is pleased to offer home sharing insurance.
Renting Your Home?… Are you covered?
Many home insurance policies limit or exclude short-term rental activity. Aviva recently conducted a consumer survey and it showed that 51% of people who rent their home on a short-term basis are unaware that they aren’t covered for the losses or damage that can occur while renting. With this new home and property coverage you have the peace of mind that you are covered with the appropriate protection.
The Short-Term Rental Endorsement is a simple addition to a home insurance policy, and can also be purchased as a standalone for rental income property owners. Customers can choose home-sharing coverage based on their rental activity and frequency.
If you are a home owner, or host and currently renting your home on a short term basis, contact Liberty Quotes Insurance today to find out if you have the proper coverage for for a free no obligation quote. Our staff are specialists, and will address all of your questions.
Get a Quote Today
Dont delay, make sure you have the proper coverage if you are currently renting your home.
Home Sharing Insurance Eligibility
- Not intended for long-term rentals or annual lease situations.
- Intended for customers who rent their residence, or a portion of their residence on a short-term basis, multiple times, to different individuals throughout the year.
- The short-term rental must be managed through a home rental network (such as Airbnb, Flipkey, HomeAway or VRBO), or by an independent professional property management company.