Protecting Your Rental Property with Short Term Rental Insurance

For Opelika AL property owners that like to occasionally rent out their property for short-term rental periods in this age of Airbnb opportunities, ensuring that you have the proper amount of insurance coverage means speaking with a qualified insurance representative.  Whether you want to take advantage of the next Robert Trent Jones Grand National tournament, or you regularly have an in-law unit available for short term rentals, our friendly team of experienced, licensed insurance agents here at Elliott & Associates Insurance have answers regarding how to protect your Opelika, AL property with short term rental insurance.

How Does Short-term Rental Insurance Protect Your Opelika, AL Property?

Normally speaking, the average homeowner looking to rent out their property on a short-term basis probably believes that they can rely on their regular homeowners’ insurance policy to cover potential damage, but short-term rental insurance coverage from Elliott & Associates Insurance.

Generally, a property owner’s standard homeowners’ insurance policy has the potential of leaving you with gaps in coverage when the property unit is utilized for short-term rental purposes.  Clearly, handing your property over to perfect strangers for the weekend probably places some stress on the typical homeowners’ insurance exclusions.  The last thing you want is to discover these gaps exist when you go to file a claim.

Contact Elliot & Associates Insurance Today

Utilizing your Opelika, AL property for additional revenue as a short-term rental is a great way to help make ends meet, but it comes at an increased risk when it comes to your existing insurance coverage.  If you wish to tap this potentially lucrative tourist market with the occasional short-term rental of your property, reach out to our team here at Elliot & Associates Insurance for the answers you need about protecting your investment.