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Renting to guests during the olympics?

Where has the time gone? We are almost ready to say goodbye to 2009 and hello to 2010!

Can you believe the winter olympics is less than 2 months away? The City of Vancouver is excited to host the world and has many events planned to celebrate this monumental milestone in its history. You can bet its not only corporate organizations, hotels and restaurants who will be looking to cash in on the olympics. Many local residents will also be looking to make some cash by renting out their homes to visitors in town to watch their favorite events.

Are you considering renting out your home or renting out a room in your home to visitors during the olympics? If you are, make sure you speak with your insurance broker to find out if your home insurance company has any exclusions or limitations regarding renting out all, or part of your home to guests. You may find some insurance companies completely exclude renting to guests or may simply apply some special limitations or rules respecting any claims resulting from the renting guests. A simple phone call to your broker will save you a big headache.

Contact The Insurance Services Department of London Drugs at 1-800-681-6677 today for a competitive quotation on your home, condo or tenants insurance policy.

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