Are you thinking of becoming a Canmore Airbnb host? Renting out your property is a fantastic way of boosting your income. However, it is not without its risks which is why if you are offering your home out for short-term rental, then you need to ensure you have the right insurance in place.
What is Canmore Airbnb short-term rental insurance?
Short-term rental insurance is specifically designed to meet the rental market, making it essential for any Canmore Airbnb host. This type of insurance has been created to meet the demands of having regular guests within the property.
One of the biggest advantages of short-term rental insurance for Canmore Airbnb hosts is their flexible nature. These types of insurance packages are designed to suit your needs and not only include coverage for all of your furnishings, such as your beds and sofas, but also any soft furnishings as well as essential appliances such as vacuum cleaners and ironing boards.
Alongside offering you protection for your belongings, short-term rental insurance also helps provides liability coverage should your guests become injured on the property. Without this protection, you could be held liable.
Won’t my home insurance cover it?
One of the biggest mistakes people make when it comes to their Canmore Airbnb managements is believing their existing home insurance policy will cover them. Before becoming a Canmore Airbnb host, you will need to inform your current provider and have them either agree to add extensions to your existing policy or confirm they cannot cover you.
Need help with your Canmore short-term rental management?
While renting your home out is a great way to boost your income, ensuring your property meets all the requirements and your guests have the best experience can be a challenge. Here at Canmore Co-Host, we have years of experience in Canmore short-term rental management and can help you take the stress out of your property management. We will handle everything, from housekeeping and maintenance to 24/7 guest management, giving you complete peace of mind. Want to find out more? Get in touch today!
