CBIZ Vacation Rental Insurance
Overview
Protect your investment with a CBIZ vacation rental insurance policy, developed exclusively for short-term vacation rentals. Our vacation rental insurance provides property (building and contents), liability, and loss of income coverage.
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Recommended For the Following
Individual Self-Managing Property Owners – Yes, for properties within the United States
Property Managers and Co-hosts – Not applicable. Property insurance coverage is held by the property owners, not the property managers. Property managers can contact CBIZ for alternative insurance products to cover their property management operations.
Features
Types of Insurance Available:
- Vacation Rental Insurance
Types of Coverage Offered:
- Standard Coverages
- Dwelling
- Commercial Liability – 1-2 million aggregate coverage available.
- Commercial Property – Coverage will vary according to the cost of rebuilding the property.
- Policy Customization Available With Specialty Coverages
- Bedbug Infestation – Yes, $17,50 in coverage. No deductible applied.
- Liquor Liability Coverage – No
- Squatters Coverage – No
- Loss of Business Income and Business Interruption Coverage – Yes, coverage amounts vary by property.
- Pet and Animal Liability – No
- Additional Perils:
- Earthquakes – No. This coverage would require a separate earthquake policy.
- Volcano – CBIZ does not write in areas adjacent to volcanos.
- Forest Fire – Yes
- Wind/Hail – Yes
- Liability coverage for amenities off premises: Yes, with the exclusion of watercraft with motors.
- Accidental Guest Damage – No
- Pools: Yes, with the exclusion of pools with a diving board or slide.
Customer Support:
- Phone
Pros
- CBIZ is an insurance brokerage that can get quotes from multiple insurance companies simultaneously, which is a helpful timesaver.
- The vacation rental insurance policies include commercial property and liability coverage.
- Bedbug coverage is available.
- Policy rates are competitive. Users looking to save should get a quote.
Cons
- Certain coverages are not available such as squatters, liquor liability, and pet and animal liability.
Customer Reviews
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