Property Owner Sues After STR Permit Revoked
Cities are cracking down on short-term rentals. And when permits get pulled, owners often look for someone to blame.
The Incident
After repeated nuisance complaints, a city revoked a short-term rental permit. The property owner lost $100,000 in value and sued the manager, claiming mismanagement caused the revocation.
The Gap
Most policies don’t cover lawsuits between owners and their managers. Without specialized protection, co-hosts and managers can be left defending themselves at their own expense.
The Cost
$100,000 claim for a financial loss as a result of mismanagement
Court costs and attorney fees
Loss of trust with current and future clients
How Wister Coverage Helps
Wister includes professional liability (E&O), meaning managers and co-hosts are covered for financial losses resulting from failure to provide professional services.
Takeaway
Even if you do everything right, owners may blame you for things outside your control. Wister ensures you’re not left alone in court.
*While Wister cannot disclose details of actual lawsuits or settlements, the examples shared here reflect real claim scenarios and hypotheticals designed to illustrate the protection our policies provide.
