483. Are You Actually Covered? What Hosts Need to Know About Insurance with Darren Nix from Steadily

This week on Thanks for Visiting, we’re joined by Darren Nix, founder and CEO of Steadily, one of the fastest-growing landlord insurance companies in the U.S.

Darren’s story starts with a personal loss—his investment property burned down—and what followed was an eye-opening crash course in everything not to do when dealing with insurance. That experience inspired him to launch a company designed for landlords, by landlords.

In this episode, Darren shares the biggest mistakes he sees hosts make when it comes to insurance, the real risks that lead to major claims, and how to make sure you're actually protected—not just hoping you are.

In this episode, we cover:

• What Aircover does (and doesn’t) cover
• The most common (and costly) insurance claims for STRs
• Why “actual cash value” could be a trap
• How to know if your property is underinsured
• When to consider an umbrella policy
• What questions to ask your insurance agent
• Why waivers might not protect you in court
• The difference between risk and fear when choosing coverage

Whether you’re just getting started or scaling your portfolio, this episode will help you make smarter, more confident insurance decisions.

Resources:

• Steadily – Landlord insurance built for real estate investors.
• STRShare.com – Submit your property for a chance to be featured.

Mentioned in this episode:

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