Why insurers may assert subrogation rights against short-term renters

Why insurers may assert subrogation rights against short-term renters

iStock.com/ah_fotobox A 2023 B.C. Supreme Court ruling barring BFL Canada from making a subrogated claim against an Airbnb renter may have negative downstream implications for securing insurance for short-term renters in condo buildings, says a legal analyst. “Short-term renters are commonly linked to higher property damage and maintenance expenses, due to their limited familiarity with strata bylaws and lack of personal investment in the proper…