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Short-Term Rental Insurance For Property Managers
Mitigate Risk,
Maximize Revenue.
If you are a professional Property Management Company using a property management system to oversee a portfolio of 10 or more rentals, Safely will support you with automated guest verification, and short-term rental insurance to protect your homeowners, your guests, and your business.
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With Safely, Homeowners Trust You
As a professional Property Manager, you know better than anyone that confidence in providers and trust in client relationships are key to growing your short-term rental management portfolio. By partnering with Safely, you get the coverage your business deserves and the protection you can depend on so that you can build a trustworthy brand that attracts and retains customers.
Your goal is to make homeowners' lives easier and protect their investments. Our goal is to do the same for you, all while helping you increase revenue. With Safely you will:
Simplify Operations
Safely seamlessly integrates with top property management systems (PMS) and has direct APIs for direct booking sites so all stays are automatically covered, saving you time.
Drive Revenue
You can incorporate the cost of insurance coverage into your fees. You won’t have to pass that cost on to the homeowner.
Keep Your 5-Star Rating
You never have to worry about potentially risking a bad review by involving a guest in a damage claim. We will keep your property and your ratings protected.
Protect Everyone
Unlike most insurance companies, we have the ability to protect all three parties - covering the property manager, the homeowner and benefitting the guest when liability protection is present.
Attract New Homeowners
We give you resources and tools to provide to prospective homeowner clients, to show your commitment to protecting their investment with insurance that covers everything from a broken wine glass to a broken bone.
File Claims Easily - Get Paid Faster
Safely knows that with the short-term rental business, time is money. That's why our claims process can easily be done in three steps and our goal is pay claims as quickly as possible with 80% of claims paid in a week.
What Does The Safely Protection Policy Cover For Short-Term Rentals?
Safely's commercial short-term rental insurance covers guest-caused damage to the property's contents and structure and provides liability protection to the homeowner and property manager for guest injury.
Replacement cost up to
€/£25,000 for personal property damaged by guests
Up to €/£1,000,000 for guest-caused structural damage, including labor and material costs
Up to €/£1,000,000 in homeowner and property manager liability coverage for guest injury
And, with guest verification, you know your guests are who they say they are.
Safely's claims process is 3 Easy Steps
and you have up to 60 Days from the guest's departure to submit claims through your account!
Step 1
Take pictures of damage
Provide basic evidence.
All you need to do is snap photos of the damage and provide a receipt or estimate for the cost(s) along with a brief description.
All you need to do is snap photos of the damage and provide a receipt or estimate for the cost(s) along with a brief description.
Step 2
Submit your
claim
claim
The stress-free claims process means you don’t have to confront guests or get them to accept blame. Your guest reviews are safe, and you’ll receive a quicker response.
Step 3
Let us handle
the rest!
the rest!
Your claim is swiftly processed so you receive payouts fast. Make the repairs or replacements you need and you’ll soon be ready for your next guest.
90% of claims are paid within 3 business days of receipt of all required information.
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Frequently asked questions about vacation rental insurance for property managers.
A short-term rental property manager needs specialized insurance to cover property owners, renters, and themselves. Property managers need short-term rental insurance and business liability insurance underwritten by a specialized insurance provider.
Property managers need true short-term rental insurance coverage to protect guests, property owners, and themselves in the event of a claim for property damage or personal liability coverage. Traditional homeowners insurance policies typically don’t cover short-term rental guests or damage caused by them.
Airbnb, Booking.com, and VRBO insurance don’t provide property managers with coverage options for renters who have booked directly and they have many limitations on what incidents they actually do cover.
Property managers may face expensive property damage and personal liability claims that could cost them their short-term rental property and potentially seriously impact their business. Additionally, property managers are in the vacation rental management business not the insurance business and are likely not licensed, qualified or staffed to properly handle insurance claims. Instead of assuming the costs, risk and administrative responsibilities of self-insuring, property managers should get appropriate insurance coverage from licensed, qualified insurance professionals.