Do You Like Paying a Security Deposit When Booking A Vacation Rental?
Of course, you didn’t! This is a rhetorical question because none of us like paying any more than we have to when booking a vacation rental but there has to be some way of compensating the owner if there were an accident that occurred during the renters stay. We can all agree to that but is a security…
Homeowners Ins or Vacation Rental Homeowners Insurance
They both protect your vacation home equally or do they? The recent fires that California is experiencing has brought to the forefront the importance of having the correct homeowner’s insurance policy to cover damage and loss of rent for your vacation rental. Large domestic homeowner Insurance policies have either inadequate or even improper coverage for vacation rental…
Are you digging out of a hole after damage?
Security Deposit vs Damage Insurance Renters and Homeowners struggle with this question. Which is better? Let’s start with a Security Deposit. Part 1 of the Security Deposit: When a renter books a property the homeowner can ask for a security deposit anywhere from $100 to $1000+. This amount is in addition to the payment of…