Putting your home up for short-term rental through companies like AirBNB and HomeAway can seem like an excellent way to earn some extra income, but there may be more risks with it than you expect. When people who rent their homes are can be vulnerable to premises liability claims, it is important to take every precaution to protect yourself. Here are some tips you can follow to help prevent any of these claims from your renters:
Deep clean your home
If you live in your home or haven’t been in your second property in some time, it can be easy to miss the little messes that may still live there. While you may be comfortable with laundry strewn across the floor or shoes laying in walkways, your guests may not. These kinds of trip hazards are prime examples of what can cause a serious injury.
Provide safety supplies
First-aid kits, fire extinguishers, and working smoke detectors can all make a difference in an emergency. Unfortunately, lacking important safety tools in your home can also create opportunities for premises liability cases.
Leave thorough directions
Does your garage door need a certain way for you to push the buttons for it to close? Do you need to do something unique to be able to lock the front door? Make sure you spell out exactly how to perform these or other important tasks, and leave the directions in an obvious area in your home.
Protect your valuables
Just because you are renting your property to someone does not mean that your valuable assets are safe without you. Either take your valuables with you or safely lock them away in a safe or another secure location.
Plan ahead
Before you begin renting your home out, take your time to inspect your property thoroughly. For example, are there enough basic supplies for your guests? Did you fix any potential hazards? Catching and correcting possible liabilities is crucial in protecting yourself and your home, so be sure you are looking out for yourself and your future.