With its historic charm and scenic views of the Hudson River, Newburgh, NY, has seen a boom in the short-term rental market. Condo owners are increasingly renting out their units to tourists and visitors. However, this new opportunity also brings new risks. At Mogul Agency Services, we offer condo insurance to provide comprehensive protection for short-term rental owners.
Why Short-Term Rental Owners Need Condo Insurance
Short-term rentals, while a great source of income, can sometimes lead to unexpected incidents. From property damage by guests to liability claims, short-term rental owners face numerous risks. Condo insurance provides coverage for these risks, ensuring that your rental business can thrive without worry.
Condo Insurance: Protection Against Unforeseen Risks
Whether it’s damage to your condo, injury to your guests, or liability from accidents, condo insurance can cover a wide range of incidents. It provides financial protection, allowing you to run your short-term rental business with peace of mind.
Condo Insurance: Not Just for Permanent Residents
Many people believe that condo insurance is only necessary for permanent residents. However, it’s equally important for short-term rental owners. Condo insurance can provide coverage for incidents that may not be covered by your standard homeowner’s or landlord’s insurance.
Secure Your Short-Term Rental Business with Mogul Agency Services
At Mogul Agency Services, we’re committed to supporting Newburgh’s booming short-term rental market. Contact us today to learn more about our condo insurance policies and how they can protect your short-term rental business.
