In this week's post, we look at some of the pros and cons of running a pet friendly vacation property. Discover how your current vacation rental insurance may be falling short when it comes to protecting your guests four-legged family members here:
There are a lot of decisions you need to make when you start renting your vacation property to others.
One decision that shouldn’t be overlooked is whether to allow guests to bring their furry friends with them when they stay in your rental. Many pet owners consider their pets as family members and they can’t imagine vacationing without Fluffy or Fido by their sides.
If you decide you do not want to allow pets, you run the risk of alienating a group of potential renters. Of course, there are also risks if you do allow pets. In this blog post, we’ll explore some of the pros and cons of running a pet-friendly vacation property, and discuss the protections your vacation rental insurance may provide.
Allowing pets can help you secure bookings from guests who travel with their pets in tow. This could help you increase the number of bookings, keeping your rental calendar full. On the other hand, renters with allergies to pet hair or dander may not like the idea of staying in a rental where pets have been and may pass by your listing in favor of a pet-free option.
Allowing renters to bring their pets when they stay in your vacation property may result in greater wear and tear to the premises. You may need to replace furniture and flooring sooner than you otherwise would. You may also have to arrange for pest control services and increase the frequency of carpet cleaning.
If you are a vacation rental property owner or manager, there’s another reason to carefully consider allowing pets in your rental property: If a renter’s pet injures a neighbor, delivery person, or visitor while at your rental, the injured party could sue you for damages.
Fortunately, having the right insurance can protect you from these risks. When you purchase vacation rental coverage through CBIZ Vacation Rental Insurance, you’ll have coverage if a guest’s pet damages the property. You can also rest easy knowing you have liability protection if you are the target of a personal injury lawsuit resulting from a bite or attack by a guest’s pet.
Whether or not you choose to allow pets at the vacation rental properties you own or manage, protecting your investment with CBIZ Vacation Rental Insurance is a smart move. Ready to learn more about how insurance for short-term vacation rentals can help protect your investment? Contact us today for a free consultation.