Renting out your home or vacation home is not as simple as it may seem.
Before you hand over your keys, there are a few necessary precautions.
Remember an online vacation rental company is usually just the middle man.
While the company may give potential leasers sample contracts and suggest holding a deposit, the companies themselves are not always liable.
CSA insurance has partnered with Homeaway vacation rentals to offer accidental damage property protection for $39.
After a recent headline-grabbing incident, Airbnb.com now offers hosts up to $50,000 coverage for any loss or damage caused by a guest.
Either way, before you accept a rental booking, take down all the necessary information from renters—especially a home address and credit card number.
Then get on the phone and vet each renter with a conversation. Know the purpose of their trip, the number of renters, and if they have stayed in a rental before.
A high number of tenants, children and pets are obvious hazards.
But, also be on the lookout for local guests renting for just one night. They might be thinking house party.
For more information on finding places to stay on the road, visit our Hotels & Accommodations section.
Don’t miss more tips in our Travel Tips section.