Policy Details

For the Owner

You have been enrolled in the Short Term Accommodations Insurance Program (the "InsuranceProgram"), a unique insurance product designed to protect vacation rental owners againstguest-caused damage. As you may know, traditional homeowner’s insurance policies may notcover property claims that arise from vacation rental activities. Also, your guests have beenenrolled in the Insurance Program as a condition of the rental agreement with Property Protect.Below you will find a list of some of the benefits, exclusions, terms and conditions of theInsurance Program. Should you have any questions, you may email [email protected]


Description of Coverage and Benefits

The Insurance Program covers a guest's liability in the event a guest negligently (accidentally)causes damage to your personal property or your home. The amount of liability coverageextended to a guest is $5,000 in damage to your personal property and home, which includesthe roof, walls, windows and flooring. A guest's family members and invitees are also protectedunder the Insurance Program.


Description of Exclusions and Limitations

Coverage is only in effect for the rental period time frame, and is limited to losses that occur onthe vacation rental property. Damage to your property caused by uninvited guests is excluded.A guest’s liability coverage is limited specifically to damage to your property caused by theguest. This is not travel insurance, and offers no protection (or reimbursement) to your guestsfor trip cancellation and interruption, transportation expenses or lost/stolen baggage.

Property damage you may sustain as a result of natural disasters (earthquakes, floods,hurricanes, hail damage or wind damage) or other weather-related events are not covered bythe Insurance Program. Also, property loss to you as a result of mysterious disappearance andnormal wear and tear is not covered.


How do I Submit a Claim?

If you become aware of a loss or incident at your rental home that occurred during the rentalperiod and that may be covered by the Insurance Program, please immediately contactProperty Protect so that a claim can be submitted, [email protected].


Additional Information

InformationThe description above is only a broad, general summary of the Insurance Program. The termsand conditions of the insurance policy will govern the claims adjudication process and all otherissues in connection with the Insurance Program, including the additional limitations and exclusions. For additional information on coverage limits and terms specific to your property,please contact Property Protect at [email protected]

The Insurance Program is offered by a subsidiary underwriting entity of Lloyd’s of London andCommercial Insurance Group, with administrative office located in Colorado Springs, CO.Lloyd’s of London is a premier provider of specialized insurance products and related servicesin North America and other worldwide markets.


For the Renter

In conjunction with the Property Protect screening process you have been enrolled in the ShortTerm Accommodations Insurance Program (the "Insurance Program"). Below you will find a listof some of the benefits, exclusions, terms and conditions of the Insurance Program. Should youhave any questions, you may email [email protected]


Description of Coverage and Benefits

The Insurance Program consists of limited personal liability insurance offered to guests whilethe guest is occupying the owner's home during the rental period. The Insurance Programcovers a guest's liability in the event a guest negligently (accidentally) causes damage to theowner's personal property or the owner's home and is legally liable to the owner for thedamage. The amount of liability coverage extended to a guest is $5,000 in damage to theowner's personal property and owner's home, which would include the structure - such as theroof, walls, windows, flooring. A guest's family members and invitees are also protected underthe Insurance Program.


Description of Exclusions and Limitations

Coverage is only in effect for the rental period time frame, and is limited to losses that occur onor at the vacation rental property. Damage to an owner's property caused by uninvited guestsis excluded. Guests are not covered for bodily injury losses to a third party caused by a guest -the liability coverage is limited specifically to damage to the owner's property caused by aguest. This is not travel insurance, and offers no protection (or reimbursement) for tripcancellation and interruption, transportation or lost/stolen baggage.


How do I Submit a Claim?

If you or one of your guests cause damage to the owner's property or damage to the home,please immediately contact Property Protect at (510) 255.2799 so that a claim can be submittedunder the Insurance Program. Failure to do so may result in a claim or demand from the owneragainst you for the damage, and you would be without coverage under the Insurance Program.


Additional Information

The description above is only a broad, general summary of the Insurance Program. The termsand conditions of the insurance policy will govern the claims adjudication process and all otherissues in connection with the Insurance Program, including the additional limitations andexclusions.

The Insurance Program is offered by a subsidiary underwriting entity of Lloyd’s of London andCommercial Insurance Group, with administrative office located in Colorado Springs, CO.Lloyd’s of London is a premier provider of specialized insurance products and related servicesin North America and other worldwide markets.