If you're the owner of a vacation rental, getting homeowner's or landlord insurance contracts will lead to gaps in insurance coverage, such as damage caused by a guest, vandalism, theft, lost business income, and a plethora of liability concerns surrounding the potential injury to a guest.Proper Insurance announced the update of its policy that was specifically designed for Airbnb and Vrbo owners. The policy is suitable for all types of short-term rentals, including vacation homes, condos, cabins, cottages, and apartments.Go to https://www.proper.insure/vacation-rental-insurance for more information.Most vacation rental properties have both commercial and private use, as they can sometimes be used by the owner or remain unoccupied. The multi-use of the property leads to gaps in insurance coverage when a homeowner's or a landlord's insurance policy is chosen.Both homeowner's and landlord insurance policies often have occupancy restrictions and specifically exclude “business pursuits”. Thus, the only way to insure your property that is listed on Airbnb or Vrbo is with a commercial policy.The Proper Insurance vacation rental policy fully insures all the exposures of your vacation rental home. It combines the features of a homeowner's policy, a landlord policy, and a commercial business policy, entirely replacing your current insurance policy.The policy provides coverage for the building and personal property which is similar to homeowner's insurance. Enhanced coverage includes a special all-risk cover with replacement cost valuation. The policy also includes $1,000,000 of commercial general liability and complies with the hospitality and insurance legal requirements.Business income coverage pays out lost revenue up to the chosen limit when your property cannot be used for a certain amount of time, for example, in case of a bed bug infestation or repairs after a fire.The Proper Insurance vacation rental insurance policy is supported by Lloyd’s of London, the world’s most prestigious insurance market, and endorsed by Vrbo, a world leader in vacation rentals, as its premier vendor for insurance. Learn more at https://www.wboc.com/story/43348219/airbnb-host-insurance-comprehensive-coverage-launched“Proper Insurance is professional, quick to respond, thorough, and excellent with follow-up,” said a satisfied client. “I hope I never have to file a claim, but I feel better knowing I made a good choice.”Proper Insurance offers a level of protection unmatched in the industry! You can relax knowing that your property is safe with comprehensive insurance coverage, including the building, contents, commercial liability, and business income.Go to https://www.proper.insure/vacation-rental-insurance to get your insurance quote today!