Short-term rental insurance in Miami, FL
Short-term rental insurance in Miami, FL
Why you need insurance for your Miami short-term rental
Miami’s short-term rental market is thriving — from high-rise apartments downtown to oceanfront condos in South Beach. But local regulations can be strict, with licensing and zoning rules that every landlord and Airbnb host must follow. Steadily’s short-term rental insurance helps Miami property owners stay compliant while protecting against damage, liability, and lost income.
Who is short-term rental insurance for?
Short-term rental insurance protects your investments when they are rented as a vacation rental, AirBnB, VRBO, etc. Short-term rental insurance covers rental periods as short as one night. This insurance offers coverages for:
Short-term rental insurance coverages in Miami
Your insurance policy can cover a wide range of risks, or you can choose a limited set of coverages for a lower premium.
Fire
Because of modern safety codes, fires have become rarer, but the fires that do start tend to cause total destruction of the property.
Water
Broken pipes and appliance leaks are the most common and overall the most expensive property damage for rental properties.
Storm, hail, & lightning
Roof damage from storms has become increasingly common as the intensity and frequency of storms have increased over the last two decades.
Liability
Liability protection covers the cost of defending you and settling claims from tenants and their guests for injuries sustained on your property.
Riot and civil commotion
When violent protests break out in the area of a rental home, riot coverage can pay to fix property damage caused by looters and protestors.
Vandalism & burglary
Malicious mischief coverage, as it’s known, covers repairs to broken glass, graffiti removal, and replacement of stolen or damaged property like shared washing machines.
Loss of rent
If a rental property becomes uninhabitable due to covered perils, loss of rent coverage would reimburse landlords for the rental income they would have earned in that time.
Get coverage in minutes
No hidden cancellation fees. Competitive rates nationwide.