**The problem it solves** Standard homeowner insurance policies typically exclude or severely limit coverage for properties used as short-term rentals, leaving hosts with uncapped exposure to guest-caused damage, liability claims, and lost income when a covered event takes a property off-market. **What Proper Insurance does** Proper Insurance is a US-based specialist insurer offering commercial-grade coverage built specifically for short-term rental properties listed on Airbnb, VRBO, and other booking platforms. **How it works** A single policy combines dwelling and structure protection, personal property and contents, commercial business liability, and lost business income coverage. Key structural features include no cap on guest-caused damage up to full policy limits, business income protection with no time limit for covered losses, liquor liability for properties where guests consume alcohol, and amenities liability covering off-premises items such as bikes, kayaks, and pool or hot tub access. All booking platforms and periods of vacancy between reservations are covered. The policy is underwritten by Lloyd's of London and available across all 50 US states and Washington, D.C. Proper Insurance is the exclusive insurance endorsement of VRBO. **Who it's for** US individual hosts, professional vacation rental managers, and real estate investors who need coverage built for short-term rental risk, not a homeowner policy with an STR rider bolted on.
Listed on STR Market Map, the short-term-rental software marketplace.