Richard Blair Has A Solution For Your Short-Term Insurance Needs
As the economy becomes tighter and funds more demanding, citizens are looking for more ways to bring in some cash, and keep the bills paid. One of the most common ways to make extra money is by using what you already have. A required investment defeats the purpose of making extra money, and most people do not have anything to invest. One of the most common tools that people use to make money is their own house. With the increase of travel over the last few years, there is an even greater need for host and hotel facilities. Renting out your home or parts of your home for a short time is a reliable way to earn some quick cash. Travelers are more attracted to these type of rentals because of the difference in price, and the very literal “homey” feel that they experience when boarding at a home versus a hotel.
Airbnb is an online platform where travelers and host can interact to negotiate a stay. Customers can browse a listing of available options in a location specified by them. Because It is so simple to book or rent out a space on Airbnb, customers and host tend to forget about the risk that can be associated with renting to complete strangers.
When you host a family or visitor in your home, you may possibly be held responsible for any incidents or injuries that occur during their stay. They could also potentially damage your property, or your neighboring property, and refuse to pay for the damages. The risk of renting on site like this is sometimes greater than the reward. Because insurance companies do not typically provide coverage for short-term rentals, there are a few other options you can take to protect yourself and your property.
Richard Blair is a well experienced independent financial advisor. He posses several certifications in the financial sector, and has more than 20 years of experience in the financial industry. Richard founded Wealth Solutions with the goal of helping his clients form a more final successful path with a simple three step approach. While Blair cannot insure his clients themselves, in the final step of his program he works tirelessly to get their clients the coverage they need for unexpected storms. By taking a look at his client’s options for insurance and annuities Blair is able to formulate a non traditional form of insurance that will help protect business owners from significant and uncontrollable loss.