Category Archives: Vacation Rental Insurance

Boosting Business During Low Peak Rental Season

By Barnes Insurance Tennessee | Published December 18, 2017

Boosting Business During Low Peak Rental SeasonIt may be winter, but that doesn’t mean your vacation rental business has to slow. If you’re lucky enough to have a property located close to mountain resorts, December and January might be your biggest months. However, if not, you might find that your business slows this time of year. In this article, we’re going to examine how you can boost your business during a relatively slow time of the year. More importantly, protect your rental with a customized Pigeon Forge Vacation Rental Insurance policy.

Identify your slow season.

According to Rentalpreneurs, in the hotel industry as well as …

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First Time Vacation Rental Owners: Common Mistakes

By Barnes Insurance Tennessee | Published October 5, 2015

First Time Vacation Rental Owners Common MistakesAs vacation rentals are becoming increasingly popular, competition for customers is also amplified. Since the vacation rental space is relatively new, there is essentially a learning curve for owners and managers of these properties. In addition to avoiding these common missteps, consider TN Vacation Rental Insurance to protect your property and assets.

Unreal Conversion Expectations- Consumers have more options than ever for vacation rentals. As such, prices should be competitive and conversion rates should be aligned with similar properties in the area. Following these standards will ensure inquiries convert into actual bookings.

Frustration Over Slow Bookings- Although slow periods are …

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5 Steps to Rent out your Property

By Barnes Insurance Tennessee | Published September 18, 2015

5 Steps to Rent out your Property With Airbnb and similar companies thriving worldwide, there is no better time to take advantage and turn your home into an incoming earning rental property. In order to ensure your TN Vacation Rental is fully equipped and attracts ample tenants, consider the following tips.

Update your Home- It is your responsibility as a landlord to provide a safe home for your tenants. In addition to the aesthetic component, your home must be compliant with your city’s codes and pass a building inspection. Fix any leaky faucets or running toilets, put a fresh coat of paint on the walls, ensure the …

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Four Lawsuits Income-Producing Homeowners Face

By Barnes Insurance Tennessee | Published September 3, 2015

Four Lawsuits Income-Producing Homeowners FaceWhile renting out your home to vacationers is a beneficial, profitable venture, there are certain legal implications associated with this business. As a landlord, there are multiple risk exposures related to home renting that Sevier County Vacation Rental Insurance can mitigate. Let’s take a closer look at the top four most common lawsuits landlords face.

Purchase and Sale Disputes- While the real estate broker is responsible for negotiating the deal, there are still inherent risks associated with purchasing and closing on an investment property intended for renters. Disputes regarding additional construction, building codes, a Certificate of Occupancy, and previous owners …

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Home Staging Tips for Vacation Rentals

By Barnes Insurance Tennessee | Published August 17, 2015

Home Staging Tips for Vacation RentalsAs there is so much competition for vacation rentals, it is essential to stage your home to attract visitors and maximize profits. In order to evoke emotional attachment and interest in your rental, consider the following tips in addition to obtaining Pigeon Forge Vacation Rental Liability insurance.

Hire a Professional Cleaning Crew- Renters want to feel like the home is specifically meant for them; get rid of any evidence prior guests have visited. Not only should your vacation rental be spotless, but the fridge and bathrooms should be cleaned and stocked with essentials, as well.

Maximize Counter Space- Kitchen appliances …

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Tennessee’s Difficulty in Regulating Vacation Rentals

By Barnes Insurance Tennessee | Published August 11, 2015

Tennessee’s Difficulty in Regulating Vacation RentalsAs Airbnb and similar home rental websites continue to thrive, Tennessee is struggling to regulate the laws for vacation rentals. As renting out your home for business use is not yet controlled legally, the grey area has caused some confusion as of recently, increasing the need for Vacation Rental Insurance.

Questioning whether or not these homeowners need a permit of some sort, which taxes to pay, and if the proper regulations for safety are followed have all been key components in the regulation struggle.

For example, a couple who rented out their Soddy Daisy home was charged with violating …

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