Does Pathpoint have an appetite for vacation rentals?
Overview
Insurance agents are able to provide quotes for vacation rentals, including single-family dwellings, townhomes, and condominiums, under the Vacation Rentals 90822 class code.
Appetite Information
Property TIV is capped at $5.6M per policy and $3.3M per location.
Properties are wind-exposed coastal types, situated directly adjacent to the water.
Structures built as early as 1850 require complete building system upgrades if constructed before 1900, within the past 30 years.
Wind deductibles can be as low as 2%.
Considered Risks
Airbnb, VRBO, and other short-term rental options.
Coastal and waterfront properties
Mixed-use buildings.
New ventures and recent acquisitions.
Properties with a history of previous losses.
Watch a Demonstration
Additional Resources
E&S Solutions for Habitational
Lessor's Risk Coverage Postcard for Agents
Download and utilize as provided or personalize it with your agency details and logo using any graphic design software, PDF editor, or Word document. Just fill in your information in the designated blue boxes
Common FAQs
Do you provide excess liability for vacation rentals?
No, we do not provide excess coverage for vacation rentals
Do you provide loss assessment coverage for occupants with condos?
Lessor's risk insurance is a commercial policy designed to protect property owners who lease their buildings to residential or commercial tenants. It generally covers property damage, liability claims, loss of rental income, medical payments, and legal defense costs. Meanwhile, loss assessment coverage serves as an endorsement for homeowners' and condominium associations for shared property exposures.
What does ACV mean on my quote?
When ACV is listed on your quote, it indicates that the carrier is providing the Actual Cash Value, which is the Replacement Cost minus Depreciation.
Why am I receiving an error message for my vacation quote?
If an error message appears while trying to quote a vacation rental quote, go to the Eligibility Page
“Go to the Property Details Page, under the Occupancy section, and make sure Tenant type is either
9539 - Vacation Rentals Single Condominium Unit
9540 - Vacation Rentals Single Dwelling or Townhouse
Do you write condo owners or H0-6 coverage?
We do not offer coverage for condo owners or HO-6 policies, as these are "walls-in" coverages designed to protect the interior property or fixtures inside the condominium or townhome.