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Updated over 2 years ago on . Most recent reply

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34
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14
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German Hall
  • Real Estate Agent
  • Charlotte, NC
14
Votes |
34
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Insurance coverage for STR Property Managers?

German Hall
  • Real Estate Agent
  • Charlotte, NC
Posted

I'm looking to take on clients to manage their STRs. Would love to hear suggestions for providers that work well with STR managers, and if you think General Liability Insurance is enough to protect against lawsuits in the event a guest gets injured at a property I manage, or damage occurs to their personal property as a result of a leak, fire, etc.. Just want to make sure I have the appropriate coverage for all circumstances that could arise. Thanks!

Most Popular Reply

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2,789
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
2,329
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2,789
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

Hey German

We have about 70 units in Tampa, FL. We carry a 2 Million General Liability. We feel that is enough, I could see a case for E&O possibly, but I cannot see anything else that makes sense.

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