I own a 72-unit apartment building in Miami, FL and wanted to start offering STR on some of the units. My current insurance provider advised me that if I were to do this, my policy would be cancelled. I am not willing to offer STRs without the proper insurance coverage. AirCover is not sufficient as a primary insurance company plus there is the issue with assault and battery coverage.
Has anyone experienced this issue? And if so, could you recommend an insurance carrier that services the STR market? Thank you.