How Much Is Insurance For An AIRBNB Rental Property In Canada?
If you are considering renting your condo, chalet, house, cottage property to others on a short terms basis through Airbnb you should also be asking how much is insurance for an AIRBNB rental property in Canada? Asking how much is insurance for an AIRBNB rental property in Canada is important because the typical personal lines condo and homeowners policy doesn’t appropriately cover the “commercial use” i.e. renting it out to others and doing so could nullify your coverage and leave you at significant risk. In addition, the insurance AIRBNB makes available has gaps and holes that could leave you unprotected. Like any revenue-generating venture renting your property to others on AIRBNB or comparable websites comes with risks so protect yourself appropriately by asking an ALIGNED Insurance broker how much is insurance for an AIRBNB rental property in Canada?
What Information Is Needed To Get Insurance For An AIRBNB Rental Property In Canada?
To ensure we secure appropriate insurance for an AIRBNB rental property in Canada we need the attached very short AIRBNB Rental Property Insurance Application completed and returned to quotes@alignedinsurance.com, but a summary of the information needed to get insurance for an AIRBNB rental property in Canada is below:
- The mailing address of the location
- Details on amount and duration of expected rental activity
- Details on the property itself including replacement cost for the contents in the property
- Information on any historic insurance claims
For More Information Regarding How Much Is Insurance For An AIRBNB Rental Property In Canada? Or To Get A Quote Connect With One Of Our Canadian Insurance Brokers Today.
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