Action
Assess and strengthen insurance coverage for natural disaster risks, including wildfires, especially if operating in high-risk areas.
High impact · medium effort
A beloved hobbit-inspired vacation rental in Chelan Hills, Washington, was tragically destroyed in a wildfire. This incident highlights the increasing risk of natural disasters impacting STR properties, especially in scenic or remote locations.
Assess and strengthen insurance coverage for natural disaster risks, including wildfires, especially if operating in high-risk areas.
High impact · medium effort