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What's a major challenge in insuring home-based businesses?
Deadline: Jun 5th, 2024 06:59 AM
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Brett Farmiloe
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We're writing an article on property management insurance discussing what STR companies need to stay covered and are seeking first-hand insights for quotes. 1) What type of insurance are you using to cover your business, and why did you choose this plan? 2) How are you scaling this insurance as you add more properties? 3) Have you ever added a new type of insurance after an incident? What happened? 4) What factors have had the biggest impact on your insurance costs as your business has grown? 5) How do you balance risk against cost? 6) What has been the most difficult part of keeping insurance consistent across multiple properties, and why? 7) If you work with owners, how do you coordinate and monitor insurance?