Looking for Short Term or Long Term Rental Insurance in Davenport Fl?
If you own a vacation rental property in Davenport Fl or a home that happens to be vacant, a traditional homeowners insurance policy will not work.
You need what’s called a “Dwelling Fire” insurance policy.
This is because traditional homeowners insurance excludes coverage for properties that are not owner-occupied and used as vacation rentals.
In other words, if you don’t live in the house, it’s only covered by a Dwelling Fire policy.
Discovery Insurance Agency represents several carriers who can insure your vacation rental property.
Short Term Long Term Rental Insurance Davenport FL
There are multiple scenarios where dwelling fire insurance is necessary:
Rental Properties — Dwelling fire insurance is the only type of policy that will work for a vacation rental property.
There are certain coverages that you need as the owner of a non-owner occupied property that are only provided by a dwelling fire insurance policy like for example Landlord Furnishings, and Tenant Liability.
Vacant Homes — vacant homes can present all kinds of problems which is why they can be extremely difficult to insure. Most insurance companies want nothing to do with a property that is vacant. We can help you though.
Seasonal & Vacation Homes — in many cases, in order to insure a secondary, seasonal, or vacation property, most companies require that you insure your primary residence with them as well, which isn’t always possible.
Older & Lower Value Homes — if your home is extremely old and/or the market value is considerably lower than the cost to rebuild it, many insurance companies may hesitate to cover it. Older or lower-valued properties present a number of problems, but we have access to specialty policies specifically for these types of homes.
Credit Problems — some homeowners might not have strong enough credit to qualify for a “standard” homeowners policy. When this is the case, specialty dwelling insurance is the alternative.
Homes Under Construction — in some situations your renovation, addition, or reconstruction project may require a specialty dwelling policy.
How to get started on your quote for your vacation rental in Davenport
If you live in Davenport Fl and have a property that fits these parameters, give us a call and we can quote your property to see who has the best product for you.