Short-term rentals are the new wave for travel-enthusiasts. They’ve offered more options for people interested in experiencing the true feel of new places and they offer a much larger range of prices that make travel accessible to a broader audience. However, in the wake of COVID-19, the travel industry has been hit hard by new safety concerns. Short-term rental landlords are struggling to find ways to make ends meet and optimize their rentals within the current vacation lull to hopefully survive the summer.
The coronavirus pandemic has affected nearly every industry on earth. The hospitality industry was perhaps the hardest hit as unnecessary travel was the very first thing to go, and is still highly discouraged in an attempt to contain the outbreak. Guest numbers dropped fast for property managers and a complete lack of room occupation ensued, causing hospitality companies to let go of a huge percentage of their staff. However, hospitality goes beyond just the hotel industry these days as many travelers prefer the comforts and privacy of short-term rentals.
When someone purchases property insurance, he or she makes a bet. Homeowners wager that if a claim occurs, then the insurance company will respond to help the customer make whole on the loss. A large portion of the client’s expectation is financial; however, the insurance adjuster’s attitude towards their customer following a loss has an even greater impact on the customer experience and overall claim satisfaction. The insurance adjuster can make or break a claim based on the way that he or she connects with a client.
Coronavirus has completely altered the world’s landscape and along with it, every industry. However, travel and hospitality were among the first industries to be hit hard by the virus as travel rates plummeted and the first steps towards lock-down began. Non-essential travel plans were immediately suspended as people hunkered down in their homes to wait out the pandemic.
The end of May marks the start of hurricane season, a threat not just to coastal homes, but many inland communities as well. Hurricane-force winds can reach out more than a hundred miles from a storm’s eye, and hurricanes can move over a hundred miles inland before winds slow to tropical storm speeds. Homeowners, like first responders, adjusters, and temporary housing companies, have a responsibility to make a plan before this year’s hurricane season begins, just in case a storm heads their way.
A tornado outbreak on Easter Sunday 2020 left 33 people dead, making it the deadliest in over six years. Tree damage tends to be one of the leading causes of fatalities in tornados, hurricanes, or severe thunderstorms. Along with the threat to life, falling trees often cause property damage. Whether it is a flying branch that smashes through a window or the upper portion of a tree's trunk falling on a roof, trees become dangerous projectiles during a powerful storm. It is important to understand tree damage claims and how they can be challenging for adjusters and homeowners alike.