Updated over 4 years ago on . Most recent reply
Help with Insurance Coverage for my Short term rentals
Hello!
I am listing my property on VRBO and only have standard homeowners. VRBO says it offers a $1 million liability coverage. Should I still change my homeowners insurance to be covered? Also, should I set up an LLC or S-Corp to have payments go to instead of me personally?
Thanks!
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John Underwood
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
You must have the correct STR commercial insurance to be covered.
Proper, CBIZ and Foremost ate the big players.
I found Foremost to be the best bang for the buck.