Vacation and Short-Term Rental

How are you insuring vacation rentals? Not all companies will accept properties that are rented on a daily, weekly, or monthly basis, but Foremost will!

Coverages

We don’t force your customers into a one-size-fits all solution. These properties can be written with either Named Peril or Comprehensive coverage on the Dwelling. Our base policy is Coverage A – Dwelling. Your customers can customize their policy by adding coverages and endorsements, or they can choose from two packages: our Landlord Package, or our Landlord Platinum Package.

Eligibility

Not all companies will accept properties that are rented on a daily, weekly, or monthly basis, but Foremost will. Homes of any age are acceptable, customers with credit or loss issues may qualify, and we accept a wide range of dwelling values – Coverage A values of up to $1,000,000. We’ll also accept homes that are written in the name of an LLC or a Trust.

Settlement Method Options

Our base policy includes an Agreed Loss Provision for a covered total loss, and an Actual Cash Value settlement on a partial loss. Customers can also select Replacement Cost, Extended Replacement Cost or Repair Cost, depending on policy type.

Discounts

  • More than one property insured with Foremost
  • Have strong credit-based insurance scores
  • Claims Free
  • Newer Home

Download Sales Sheet

For forms, blank applications and program guides, log in to ForemostSTAR.com and click on Supply Source.

Property product availability by state