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Income

Loss of rental income coverage

Loss of rental income coverage pays bookings you lose when a covered loss makes the rental unusable during repairs. It usually doesn't cover cancellations for other reasons. Keep booking records.

What to check

  • Actual loss or a set amount?
  • How long will it pay?
  • Waiting period?
  • Evacuation orders without damage?

Records that help

Booking calendars, monthly income history and payout statements.

Coverage depends on the policy, the insurance company and underwriting approval. Nothing here is a promise of coverage or price.

Common questions

Storm-forecast cancellations?

Usually not covered without damage, unless the policy says so.