What can I do about damage to my rental property?

Fire, water damage… These problems can occur during the rental period. So how do you deal with them ?

As a homeowner, you are normally covered by a comprehensive home insurance for holiday accommodation. This contract includes two clauses:abandonment of recourse or waiver of recourse.

These clauses specify whether or not the owner, and therefore the insurance company, will be able to claim payment from the holidaymaker.

Concerned about your rental property and your customers? Opt for comprehensive home insurance with waiver of recourse. It’s the only way to ensure that holidaymakers are covered for civil liability, fire and water damage.

If you had tenants at the time of the loss, it’s up to them to take out comprehensive homeowner’s insurance. Their contract includes a “holiday” clause for rentals.

You can check with your tenant beforehand whether this clause is included in their contract. If the clause is absent, you can take out temporary home insurance (1 to 90 days) to cover you during your stay. It works like comprehensive insurance and is very inexpensive.

Have you ever had to deal with a situation like this? If you’re interested in this topic, we also have an article on the partnership between Luko and Airbnb.