Insurance Tips for Short Term Rentals

Owning a short term rental can be a great way to make some extra income, but it can be risky. Here are our best tips for making sure you are protected.


Insurance Tips for Short Term Rentals

  1. Most Important: Your insurance agent NEEDS TO KNOW that your home is being used as a short term rental. Your standard homeowners policy (or even secondary homeowners policy) most likely does not cover you for short term rentals.
  2. While some short-term rental sites sites offer some basic protection, they do not cover intentional property damage or theft of cash (among others!). You absolutely need coverage beyond what they offer.
  3. Renting out your home for more than 14 days in a year is considered a business activity, which requires insurance beyond your homeowners policy.
  4. Ensure that you don’t have gaps in your coverage by working with a short term rental insurance expert. Not all policies are created equal. You want to have your insurance through a company that specialized in short term rentals.

Can we make sure that your not at risk with your short-term rental? Give us a call at 540.334.4225 or start your short term rental insurance quote here.

A little more about Holley Insurance…

Holley Insurance was founded in 2000, and retains a core base of loyal clients. We have locations in Roanoke, Rocky Mount, and Forest, VA. As an independent insurance agency, Holley Insurance represents a carefully selected group of financially strong, reputable insurance companies. Therefore, we are able to offer you the best coverage at the most competitive price. Holley Insurance was named “Top Insurance Broker in Southwest Virginia” by Virginia Living Magazine for 2021. If you’re interested in starting a quote online or having us take a look at your current policies, click here!


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Are you ready to save time, aggravation, and money? The team at Holley Insurance is here and ready to make the process as painless as possible. We look forward to meeting you!