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Preparing Your Vacation Rental Home for a Natural Disaster
What to do if the location of your vacation rental home is prone to natural disasters.
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Many vacation rental owners have rental property in an area prone to natural disasters and it can be hard to know how to prepare for one from a distance. We';ve compiled a short set of guidelines to help you figure out what steps you can take to get ready if natural disasters affect your area.
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- Learn which natural disasters affect your vacation rental';s location and get insured. Try to get a policy including a “loss of use” provision because this helps to guarantee at least some reimbursement of lost rental revenue.
- In your rental agreement, outline your inclement weather and “acts of god” policy. Explain in clear terms procedures for natural disasters and under what circumstances you will issue refunds, if any.
- Consider making an emergency plan for yourself that answers the following questions:
- What will you say to renters whose reservations will have to be cancelled?
- What will you do if renters request a refund?
- Who will be in charge of inspecting the vacation home for damage and hiring servicemen to fix the damage?
- If you receive official warnings of a natural disaster and you have renters scheduled to arrive, you may want to call them and let them know about the recent reports. This is a good opportunity to review the inclement weather policy of the rental agreement. It would be best to contact anyone who will be staying in your home in the next 2 weeks.
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Natural disasters are unavoidable but taking certain precautions will help you prepare for them. With regards to your renters, it is best to be up-front about the “acts of god” affecting your area and to include a clear policy in your rental agreement. It is also a good idea to keep an emergency plan and emergency supplies at your rental home and to speak with renters scheduled to arrive immediately following a natural disaster.
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You can learn more about disaster preparedness from the FEMA website. This government site explains what to do before, during, and after most types of natural disasters.
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How have you prepared your vacation rental home for a natural disaster?

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