When you thought of buying a cabin as a summer getaway or a vacation rental property, you may not have considered how insurance would differ with this type of property. Here are a few questions you may have about cabin insurance in Tennessee, along with answers to help you get started.
1. What kind of coverage is offered for rental cabins?
The type of coverage you receive will vary depending on your specific needs, but in general, cabin insurance provides security whether your property is vacant or not. Stay safeguarded from physical damages such as fire or flood, in addition to damages caused by tenants. Insurance can also help in case of legal issues.
2. Are other structures on my property insured?
If you have structures such as a pool, shed or garage, they can be covered in addition to your cabin. If you rent out your cabin and have a pool or other high-risk structures on your property, you may want to consider additional liability insurance.
3. Does my cabin need to be insurance along with my home?
Some companies may require you to insure your primary home through them before insuring a seasonal or rental property, but there are plenty of options for those who want a separate policy.
As you seek insurance, ask questions about your specific property to keep you protected from loss. Cabin insurance in Tennessee can help you feel safe and secure whether you are vacationing in your property or are far away.