2025 STR Insurance: What Every Host Needs to Know with Steadily by Hospitable Hosts
Summary
Darren Nix, CEO of Steadily, joins the Hospitable Hosts podcast to discuss the evolving STR insurance landscape. They cover the differences between homeowner's and STR insurance, the impact of extreme weather, and advice for first-time hosts. Nix highlights that coverage needs to be specific and that liability limits should be higher for short-term rentals.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM