Home Insurance For Vacation Rentals

Compare Rent My Vacation Home, HomeAway, VRBO and Airbnb in 2012

NYC, New York (PRWEB) January 09, 2012

Compare Rent My Vacation Home dot com, HomeAway, VRBO and Airbnb. The chart is a study of the billion dollar vacation rental industry in January of 2012.

In the first column we compared number of sites and that went to Rent My Vacation Home dot com at 83 web sites.

The second column was offices and location, the winner is Rent My Vacation Home dot com in the United States with 83 offices, but HomeAway came in first internationally at 15 offices.

The third column was largest network in the United States for vacation home rentals and this went to Rent My Vacation Home dot com at 83 sites, all the rest had 1 site in the USA .

The forth column was Money Back Guarantee and that was a three way tie as all vendors offered this, however Rent My Vacation Home dot com has a no-hassle guarantee that lasts for 1 year. All the homeowner has to do for a refund is send an email to Rent My Vacation Home dot com. Airbnb is commission only so this did not apply.

The fifth column was called "Built in credit card and Insurance," the winner was Rent My Vacation Home dot com who uses an insurance and credit card system built into the listing. Airbnb has a similar system but charge vacationers 6-12 percent to use the system .HomeAway and VRBO use an email system.

The sixth column was pictures, which all vendors include 12 or over when homeowners list the homes. But one of the things homeowners deal with is levels. This was introduced by HomeAway and VRBO which is owned by the same company. A level is a price the homeowner pays to list his home at the top of the page. Rent My Vacation Home dot com does not have levels and it does not apply to Airbnb.

The last subject was cost across the top of the chart and they ranked as follows Rent My Vacation Home dot com is $99.00 year and homeowners are on 83 web sites and offices. Next is HomeAway at 336.00 followed by VRBO at 349.00 and Air BnB at 3% of all sales and a charge to the vacationer of 6-12%.

Vacation Home Or Vacant Home Insurance

Many fortunate families have two homes, one primary residence and the other may be a vacation home. But are you aware of the insurance differences? Do you know at what point a vacation house becomes a vacant house? There are some fine differences between the two and a mistake can lead to not having the insurance coverage you thought you had.

Your vacation home is an extension of your primary home and many times a vacation home can be added as an extension of your existing homeowner's policy. Why do you need second home insurance? The reasons are many.

Do you have a mortgage? Many times the mortgage lender will require insurance. Of course it just makes since to protect your investment from fire, flood or break-in or worse. Take this time to sit with your insurance broker and go over your coverage for both homes.

Some tips to look for when shopping for homeowner or vacation home insurance. See if your current home owner's policy extends liability coverage to the second home. Make sure the policy has adequate accident coverage; generally you want more with a rental or vacation home. If you rent your second home premiums can run twenty percent higher. Check to be sure the policy covers hurricane, storm and water damage. Flood insurance will need to be purchased separately. Consider an Umbrella policy to extend your liability.

Some steps you can take to save on your second home insurance. Install an alarm system, if you can, also get one that detects fire or power failure. Put up a fence. Keeping things out of the yard in the first place is always a good defense. Is your home in a gated community? This is good for an insurance discount. Is the second home a condo? Condos have their own special considerations. For example the association usually carries insurance to cover the building but most times will not cover your contents.

Home

Returning to Gilead to care for her dying father, Glory Boughton, the daughter of John Ames's closest friend, is joined by her long-absent brother, with whom ...

Water for elephants, a novel

Surprising, poignant, and funny, "Water for Elephants" is that rare novel with a story so engrossing, one is reluctant to put it down; with characters so ...

Cutting for Stone

The Case for Christ, A Journalist's Personal Investigation of the Evidence for Jesus

Strobel's tough, point-blank questions make this remarkable book read like a captivating, fast-paced novel. But it's not fiction.

Man's Search for Meaning

Viennese psychiatrist tells his grim experiences in a German concentration camp which led him to logotherapy, an existential method of psychiatry.