Insurance Requirements: Coral Gables vs Doral

Do I need STR insurance for my Coral Gables home?

Short-term rentals are prohibited in all Coral Gables residential districts, so residential STR insurance requirements are not applicable. Operating an STR in a residential zone carries $150 per day fines regardless of insurance status.

What insurance is needed for commercial STRs in Coral Gables?

STRs operating legally in commercial zones must carry general liability insurance as part of DBPR Public Lodging Establishment licensing. A Certificate of Use from Miami-Dade County is also required and must be renewed annually.

Does homeowner insurance cover STR activity in Coral Gables?

Standard homeowner insurance typically does not cover commercial rental activities. Since residential STRs are prohibited in Coral Gables, any unauthorized rental activity would likely void homeowner insurance claims related to guest injuries or property damage.

Does Doral require insurance for short-term rentals?

Doral does not currently mandate a specific insurance amount for STR operators. However, industry standards recommend $500,000 to $1 million in liability coverage. Standard homeowner's policies typically exclude rental activities.

Does Airbnb insurance cover me in Doral?

Airbnb provides host protection insurance up to $1 million, but it has exclusions and is secondary to your own coverage. Hosts should carry their own liability policy or add a short-term rental rider to their homeowner's insurance.

Do I need flood insurance for my Doral rental property?

If your property is in a FEMA flood zone, flood insurance is strongly recommended and may be required by your mortgage lender. Standard liability policies do not cover flood damage.