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Updated 9 months ago on . Most recent reply

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49
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Tim Matthews
27
Votes |
49
Posts

Damage protection coverage for midterm rentals

Tim Matthews
Posted

Is there a third-party company that offers Damage Protection coverage for midterm rentals? Specifically for 2-6 month stays. Searching on the internet mainly results in regular landlord insurance. Since a mid-term stay could technically last for 60 days, is that a Damage Protection coverage for reservations this long similar to AirCover? I accept Direct Bookings by the way, and some are sourced from sites like Furnished Finder. 

Most Popular Reply

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374
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395
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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
395
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374
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Zachary Deal
#4 Medium-Term Rentals Contributor
  • Lender
Replied

Hi Tim, I know Proper and Steadily are common insurance choices for MTR owners. While I'm not sure specifically if they or any companies that offer Damage Protection coverage for 2 - 6 month stays, I know some people require a security deposit for longer stays (sometimes only half month) to mitigate damage risk and sometimes renters insurance as well. If you're worried about damage, I think some form of security deposit for longer stays makes sense.

  • Zachary Deal
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