Immediate openings for remote positions
Apply Now
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
3600 Mansell Rd #525, Alpharetta, GA 30022
  • About
  • Blog
  • Careers
  • Cause
  • Contact
SSI Logo 2021

Southern States Insurance

Georgia Insurance Brokerage

  • About
    • Blog
    • Careers
    • Cause
    • Contact
  • Business
    • Auto
    • BOP
    • Crime
    • Cyber Liability
    • D&O
    • EPLI
    • E&O
    • General Liability
    • Group Health
    • Property
    • Umbrella
    • Workers Compensation
  • Specialty
    • ATV
    • Boat
    • Farm & Ranch
    • Fine Art
    • Flood
    • Golf Cart
    • Guns, Furs & Jewelry
    • Motorcycle
    • RV
    • Special Event
  • Personal
    • Auto
    • Homeowners
    • Life
    • Rental & Vacation Home
    • Renters
    • Umbrella
  • Industries
    • Bakery
    • Church
    • Construction
    • Dietary Supplement
    • General Contractor
    • Hair & Beauty Salon
    • HOA
    • NEMT
    • Security Guard
  • (888) 971-6304
  • Request A Quote
  • Log In

Rental & Vacation Home Insurance

› Personal Insurance › Rental & Vacation Home Insurance

Living room of vacation roomThe enjoyment and benefits that a second home can provide are numerous, but it is essential to have the right Rental & Vacation Home Insurance policy in place to protect your investment. Whether you use your second home as a vacation home or you rent it out, it is important that your insurance policy covers all the circumstances involved in these unique situations.

Rental & Vacation Home Insurance Coverage

The right policy depends on how your second home will be used and by whom. If it is for your own use, you may consider a Homeowners Policy that is specifically designed for a second home. Renting out your vacation property for money is considered a business activity and is therefore unlikely to fall under your homeowners policy. Leasing your home out to one party for an extended time may require a landlord insurance policy.

If you rent it out frequently to a variety of short-term guests, it may require a short-term rental policy. If you are only renting it out from time to time, however, a rider or endorsement on your Homeowners Insurance policy may be adequate.

Liability Coverage

A typical Vacation Rental Property Insurance policy will include liability coverage for any personal injuries that are sustained by your guests or anyone who is visiting the property.

Contents & Structure Coverage

This offers protection for the building itself as well as its contents in the case of theft, fire, or damage. In some cases, it will also cover some amenities that are typically found in vacation homes, such as small watercraft or swimming pools.

Loss Of Income Coverage

In the event that your property is so badly damaged that it cannot be rented out for an extended period, this part of the policy will reimburse you for the income that you lose during that time.

What Factors Affect The Cost?

Family on vacation at beachThe location of the home is one of the biggest factors in determining the cost of your Vacation Property Rental Insurance policy. For example, an inland property in Georgia will cost much less to insure than a coastal property in Florida. Other factors that can influence the cost include its replacement cost value, the amount of coverage you get, and the home’s amenities.

This type of policy is generally more expensive than a primary Homeowners Insurance policy given the longer periods of time that second homes generally sit vacant. Therefore, even if your vacation home’s value is equal to that of your primary residence, the policy on your vacation property will likely cost more.

Additional Factors To Consider

There may be other factors to consider depending on the type of vacation home you have. For example, Flood Insurance or earthquake coverage might be needed in some areas.

You may find savings by taking steps to counter preventable problems at your vacation home. For example, installing a security system to protect against vandalism may help lower the cost of your policy.

Speak To The Experienced Personal Insurance Brokers

Couple looking at vacation homeWhether your second home is for passing the summer, enjoying a winter retreat, or just going on the occasional weekend getaway, speak to Southern States Insurance to find out more about the right policy for your specific needs. For more information or to acquire a policy, please give our experienced Personal Insurance brokers a call at 888.971.6304 or request a quote online today.

Primary Sidebar

Personal Insurance

  • Auto
  • Homeowners
  • Life
  • Rental and Vacation Home
  • Renters
  • Umbrella

Have a Question?

  • This field is for validation purposes and should be left unchanged.

*Insurance coverage cannot be bound or changed via submission of any online form/application provided on this site or otherwise. No binder, insurance policy, change, addition, and/or deletion to insurance coverage goes into effect unless and until confirmed directly by a licensed agent.

Refer a Friend

Know someone who needs insurance? Refer them to us, and we will give you a gift card and donate to charity.

Find out more

Agents Growth Academy

Interested in taking your insurance career to the next level? Join us on our podcast to learn how to get started!

Business woman on phone with insurance agents

Get In Touch Today!

Speak with one of our insurance brokers to receive a custom quote.

Contact Us

Footer

SSI Logo
3600 Mansell Rd #525
Alpharetta, GA 30022
(888) 971-6304

Company

  • About
  • Blog
  • Careers
  • Cause
  • Contact
  • Make Payment
  • Refer A Friend

Insurance

  • Business
  • Specialty
  • Personal
  • Industries

Disclaimer

*The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.”

© 2022 Southern States Insurance · Powered by 321 Web Marketing · Website Privacy Policy & Terms of Use