insurance for renting "cottages" short term (e.g. AirBnb)

[P-3 Guy]

Originally Posted by mswlogo

Well, that's kind of obvious. We did.
They booted our umbrella policy and won't insure anything that is "3 season" or short term rental.

Ending in...Is there anything else we can help you with today?

One other option is long term rentals. Those don't have so many headaches. We have a family member that would rent the house year round for long term. But we know the rules on dealing with family.

Ok... at the risk of this also being obvious: there are carriers out there who will provide policies that cover short term rentals. Ask your agent for a quote from a carrier that offers such policies. I know. I 've been through this. I had to switch carriers. It cost more money. You asked what other people do. I'm telling you what I did. My main concern was also liability.

[mswlogo]

Originally Posted by TMI Guy

Ok... at the risk of this also being obvious: there are carriers out there who will provide policies that cover short term rentals. Ask your agent for a quote from a carrier that offers such policies. I know. I 've been through this. I had to switch carriers. It cost more money. You asked what other people do. I'm telling you what I did. My main concern was also liability.

Did that too. Before checking with a 4th carrier I thought I'd ask here thinking we must be doing something wrong. Going to the wrong people.

Of course I expect it to be more money.

Also even if we can get the insurance on the cottages themselves we are still stuck finding a new umbrella policy.

[thinkxingu]

Originally Posted by mswlogo

Did that too. Before checking with a 4th carrier I thought I'd ask here thinking we must be doing something wrong. Going to the wrong people.

Of course I expect it to be more money.

Also even if we can get the insurance on the cottages themselves we are still stuck finding a new umbrella policy.

I sent you a PM.

Sent from my SM-G950U using Winnipesaukee Forum mobile app

[ApS]

There's an ad on the radio TODAY that goes:

"ABCXYZ, LLC got me $6 million--which was 6-times what the insurance company offered me."

Without insurance, I've had good luck renting in New Hampshire. My worst experience was my first NH tenant (from MA).

Although they had signed an agreement to list ALL dwellers, they showed up with a "pre-toddler". As we talked on the porch, this unlisted tyke crawled to the edge. (It's a 15-foot drop to the next sundeck). The father "reasoned" with him, "Boris, come back, don't do that".

A family member also had the same rental problem, even with the signed/written stipulation of "no children". Tenants were always "baby-sitting".

"Pacific Heights": Check out what tenant law had done to California law. (which has spread east):
https://www-chicagotribune-com.cdn.a...903-story.html

Florida is full of deadbeats, but I managed about 50% good tenants. One (NY) who TALKED a good game, lived rent-free for
several months, had his parents over for a cookout while I stared at them from my "lesser place" next door. His father apologized by email! His girlfriend could've been under-age.

I learned later from a sheriff's deputy that he used and sold drugs, and pimped-out his girlfriend! It was only upon violent threats (and damage to my property) from other drug dealers that he moved on.

'Next renter paid a year in advance--but that's another salty event. Oh, boy--the tenants' stories I can tell this forum!