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Lorraine Patterson's profile image
Lorraine Patterson's profile image
Lorraine Patterson
  • Rental Property Investor
  • from Queens, NY
  • Member since May 16, 2019

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Lorraine Patterson's profile image
Lorraine Patterson's profile image
Lorraine Patterson
  • Rental Property Investor
  • from Queens, NY
  • Member since May 16, 2019
Lorraine Patterson
  • Rental Property Investor
  • Queens, NY
27
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94
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Short-Term & Vacation Rental Discussions

Is liability insurance required or recommended

Lorraine Patterson
  • Rental Property Investor
  • Queens, NY
Posted

Hello BP, my vacation rental is by or on a body of water, I'm allowing the use of my Kayaks, is there any type of Liability Insurance I should purchase? Thanks!!!

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Greg Parker's profile image
Greg Parker's profile image
Greg Parker
  • Realtor, Contractor, Property Manager
  • from Montgomery AL and Kowaliga, AL
  • Member since Jul 3, 2017

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Greg Parker's profile image
Greg Parker's profile image
Greg Parker
  • Realtor, Contractor, Property Manager
  • from Montgomery AL and Kowaliga, AL
  • Member since Jul 3, 2017
Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Kowaliga, AL
536
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Greg Parker
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Kowaliga, AL
Replied

Yep. CYA with every type of insurance you can find. Cover yourself with an LLC, and a trust if you can. And, get a personal liability umbrella policy. I have a 1 million PLUB that is only $16/month.

gp

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