Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago on . Most recent reply
Proper insurance rates going up 79% this year!!
SFH in rural Western NC I manage myself. No insurance claims in the 2 years I've had this policy and rented out via AirBnB, VRBO, and Booking. A couple of claims against AirCover that have been well-handled.
2021 when I bought the property, Proper was $2353. 2022 Proper was $2491. Now they want $4459.
I know insurance business has sucked nationwide lately. Anyone have suggestions on alternative companies they love? Given AirCover is reasonable at the low end, is it worth just increasing deductible from $2500 to keep Proper costs in check?
Most Popular Reply
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
- 5,688
- Votes |
- 4,236
- Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Just call someone else. Insurance is a never ending battle. Seems like I’m always calling a new broker.