Tennessee is a popular destination for visitors because of its wide variety of outdoor activities. If you own investment property that is rented out to these visitors, it is important that you are properly protected. There are many risks to both your property and to the renters that can result in huge financial loss if you don’t have the proper overnight rental insurance in Nashville, Tennessee.
Types of Property That are Covered
It doesn’t matter if you have a small rustic cabin or a huge luxury home that you are renting out; there is a variety of coverage available for your needs. The types of overnight rental property that may be covered include:
- Vacation properties
- Single-family homes
Types of Coverage Available
There is a wide variety of overnight rental insurance in Nashville, Tennessee. Property insurance helps protect your property from damage due to Mother Nature or tenants. This includes coverage of separate structures such as pools and sheds.
Liability insurance helps protect you if guests are injured while on your property. For extra liability insurance, umbrella policies will provide even more coverage. You can also opt to have rental income coverage in the event your place is out of commission due to a covered loss.