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Updated over 2 years ago,
SHORT TERM RENTAL INSURANCE
Have a question for all the veteran STR folks out there. Hopefully securing our first short-term rental in Rockledge, FL. However, we are still searching other places such as Merrit Island for opportunities. Cutting to the chase, it seems (as a newbie) short term rental coverage is fairly pricey.
1. Where have you used/had the best success with the insurance needed for STR.
2. Are you just getting a regular investment property quote instead of coverage specific to STR?
3. What are some annual prices that you are coming across?
I am new to the insurance side of things and got quoted some outrageous numbers when I mentioned using my rental for ABNB. Just need some help and direction, thank you!