Team Donovan Blog - insurance

How to Run Your Vacation Rental Like a Business

Posted by Team Donovan on September 19th, 2018

Getting the highest return from your vacation home is easy when you take the right approach. But many homeowners make the mistakes that keep them from creating a steady source of income through their short-term rental properties.

Holiday homes in Davenport are a popular choice for today’s travelers, and the homeowners who run their vacation rentals like a business reap the rewards that a home investment provides. 

The Right Vacation Rental Listing 

Vacation homeowners use Airbnb and other rental platforms to market their properties. This makes it easy to reach your ideal guests and showcase the features and amenities your home offers. 

But you need to keep your listing up-to-date to reflect any changes to your home, the surrounding area,…

What Insurance Do You Need for a Vacation Home?

Posted by Team Donovan on July 11th, 2018

Owning a vacation rental property gives you an enjoyable second home while creating additional income when you rent it to travel guests. The Kissimmee villas for sale give home buyers a chance to take advantage of these benefits.

The right insurance protects you and your investment in the long run while securing the value of your vacation home.

Vacation Rental Insurance Needs

An insurance policy protects your rental home from common risks including:

• Property damage
• Vacancy periods
• Lack of emergency resources
• Injuries to guests 

In addition to the wear and tear that can occur in a rental home, careless guests may damage your home’s structure, plumbing, and furnishings.

Extended vacancy periods put your home at risk in…

How to Minimize Hurricane Risk When Buying a Florida Home

Posted by Team Donovan on October 12th, 2016

Thinking about buying a second home in Orlando?  The recent news about Hurricane Matthew may have given you reason to think twice about the idea. But purchasing Central Florida real estate is still a smart investment, especially if you buy a home near the theme parks. 

The Kissimmee area, where Walt Disney World™ is located, is right in the heart of Florida. As a result, hurricane warnings and/or occurrences are not as common, nor as severe as in the coastal cities. In case of a hurricane alert, you should have plenty of time to notify the property manager to secure the home if you are not staying there at the time.   

Central Florida typically experiences very minimal damage from any hurricane, no evacuations, and if the power goes out, it’s…