Subscription insurance for short stay rentals
InsuraGuest Technologies has launched a subscription based insurance product for Vacation Rental/Short Term Rentals. Under the subscription model the property owner or property manager can choose which insurance package they want for their property, depending on the level coverage and its limits; a cost that can be passed onto the guest during their stay. The cover can be turned on or off depending on the seasonality of the property's renters.
This is quite an interesting spin on the transactional - rental by rental - type cover that some insurers are offering. Seems like a good evolution. Source: yahoo