Many homeowners policies view renting a home as a commercial activity and as such, will not cover situations that may arise during a rental such as theft, damage or personal liability. These exceptions may open owners up to undesirable and unanticipated liability. This is why Marquis partnered with Safely to offer owners property protection for properties being used as vacation rentals: StayMarquis “StayProtected Program”
To obtain a homeowners insurance policy that provides owners with the proper protections in the event of short-term renting, we recommend speaking with Proper Insure (https://www.proper.insure/).
Property Protection – Property damage protection for every host and every listing – at no additional cost
Free to the host for every booking, every time
- Whenever a guest makes a reservation for your place through StayMarquis, you’re automatically covered by our Host Protection Program
- The StayMarquis Property Protection Program responds with first dollar repair or replacement cost protection against physical loss or damage to owner’s real and personal property when caused by a renter, with a $5,000 per rental limit subject to a minimum claim of $50 and a maximum of $5,000 for any one item
- Damage to a host’s property (possessions, furniture, contents, personal items, structures and fixtures)
- If damages occur, documentation (photos, receipts, etc.) will need to be provided as part of the resolution process
Force majeure, uninsured periods, loss that cannot be tied to an insured rental, damage not caused by the guest. Damage caused by: weather, normal wear and tear, formal events. Liability related to: use of recreational equipment (ATVs, golf cart, bikes, kayaks), pets (including bites), bed bugs, viruses, bacteria, invasion of privacy, injuries a guest causes to another guest, damages a guest causes to neighbors, or property not maintained by the named insured.
Covered up to $200: money, banknote, bullion, gold other than goldware, silver other than silverware, platinum other than platinum-ware, coins, medals, smart cards. Covered up to $2500: securities, accounts, deeds, evidences of debt, letters of credit, notes other than bank notes, manuscripts, personal records, passports, tickets and stamps, watercraft, trailers, theft or damage of jewelry, watches, furs precious and semiprecious stones, art work, firearms, silverware, goldware, platinum-ware.
If a loss occurs during the rental period, guest should promptly notify the property manager. Property managers should contact Safely at
Insurance is underwritten by Voyager Indemnity Insurance Company. Coverage, exclusions, and limitations shown above are examples of coverage and not intended to represent all coverages and exclusions. See policy for complete details.