Summer wraps up, Myrtle Beach traffic thins out, and plenty of Conway condo owners near the coast start eyeing their unit as an off-season rental instead of letting it sit empty. It’s a reasonable instinct. It also quietly voids a standard condo policy the moment paying guests check in, unless the right coverage is in place first.<\/p>\n
Virtually every standard condo and homeowners policy contains a business activity exclusion. The moment you accept payment from a guest, even a one-time booking during a slow fall weekend, your policy may treat your unit as a business rather than a residence. Progressive’s own guidance puts it plainly: using your residence as a business, even temporarily or as a one-time thing, typically isn’t covered by a standard home or condo policy.<\/p>\n
Insurers routinely discover undisclosed rental activity, in part because listings are public. Nationally, policy exclusions already account for roughly a third of all denied homeowners claims, and failure to disclose rental use adds another meaningful share on top of that. This isn’t a rare edge case, it’s one of the most common reasons a claim gets denied.<\/p>\n
Airbnb’s AirCover and similar host protections from other platforms sound reassuring, but they’re administered by the platform, not a licensed insurance carrier. These programs typically exclude damage unrelated to a confirmed booking, lost rental income from non-guest events, and general wear and tear. They were never designed to replace a real insurance policy.<\/p>\n
An off-season rental can be a smart way to offset costs on a Conway condo, as long as the insurance underneath it actually holds up. This connects to the broader coverage clarity we’ve discussed for local condo owners, including our post on loss assessment coverage for condo owners<\/a>, since both topics come down to the same idea: knowing exactly where your standard policy stops matters more than most owners realize until a claim reveals it.<\/p>\n Hardee Insurance Group, Inc. in Conway, SC helps condo owners figure out the right coverage before listing their unit for the off-season. Visit Hardee Insurance Group<\/a> or call 843-365-3590.<\/p>\n","protected":false},"excerpt":{"rendered":" Summer wraps up, Myrtle Beach traffic thins out, and plenty of Conway condo owners near the coast start eyeing their unit as an off-season rental instead of letting it sit empty. It’s a reasonable instinct. It also quietly voids a standard condo policy the moment paying guests check in, unless the right coverage is in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[15,22,16],"class_list":["post-92","post","type-post","status-publish","format-standard","hentry","category-condo-insurance","tag-condo-insurance","tag-conway","tag-hardee-insurance-group"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t