Insurance Requirements: Coral Gables vs Miami Beach

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.

What insurance do I need for a Miami Beach short-term rental?

You need commercial general liability insurance (industry standard $1M), proof of coverage for the DBPR license, and attestation of insurance for the city Certificate of Use. Windstorm and flood insurance are strongly recommended given the barrier island location.

Does Airbnb's Host Protection cover Miami Beach STR requirements?

Platform-provided host protection insurance supplements but does not replace your obligation to maintain a separate commercial general liability policy. You must carry your own insurance to satisfy city and state licensing requirements.

What happens if my STR insurance lapses in Miami Beach?

An insurance lapse may result in Certificate of Use suspension and leaves you personally liable for guest injuries or property damage. Maintaining continuous coverage is required throughout your permit period.