Different kinds of Insurance for Short Term Rentals

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Lydia Patel

Regulations & Compliance
beginner
Insurance

Summary

This video describes the three types of insurances needed for a short-term rental: short-term rental insurance, umbrella insurance, and flood insurance if you are near the coast. Short-term rental insurance is similar to homeowner's insurance but may require an additional provision that specifies you can rent it out as a short-term rental. Umbrella insurance will protect you as a person from excessive liability.