LEADING PROVIDER OF STR INSURANCE

Yes. Proper Insurance is available in all 50 states and Washington D.C., underwritten by Lloyd’s of London. Whether your rental is a beachfront condo in Florida, a mountain cabin in Colorado, a Hill Country property in Texas, or an urban apartment in Chicago, Proper can insure it. Coverage is not limited to specific markets or regions — if you host short-term guests anywhere in the country, you can get a quote through Proper.

Most standard insurance carriers don’t cover Airbnbs, Vrbos, or vacation rentals—at least not properly. Traditional Homeowners and Landlord policies were not written for short-term rental activity, and most include exclusions for business use that void coverage the moment a paying guest walks in the door. Airbnb’s AirCover is not an insurance policy; it is a reimbursement program with caps, exclusions, and no binding obligation to pay a disputed claim. A handful of specialty carriers offer STR endorsements, but these are typically add-ons to personal policies with significant coverage limitations. Proper Insurance is purpose-built for short-term rentals: a Commercial-grade policy that replaces your Homeowners or Landlord Policy entirely. For a full breakdown of where standard policies fall short, see our guide on the biggest gaps in standard Airbnb insurance policies.

Proper Insurance has been independently ranked as the best insurance for short-term rental hosts by Investopedia, Rental Recon, AirDNA, and others. The policy is underwritten by Lloyd’s of London, exclusively endorsed by Vrbo, and covers property damage, commercial general liability up to $1M, and loss of rental income with no arbitrary time cap on payout. Unlike competing policies that limit guest-caused damage or cap theft coverage, Proper carries no sublimit on either. For a full account of what separates Proper from the rest of the market, read how Proper earned the top spot for Airbnb host insurance.

No. Standard Homeowners Insurance policies include exclusions for business activity — and hosting paying guests on Airbnb or Vrbo qualifies as business activity under virtually every carrier’s policy language. That means a guest injury, guest-caused property damage, or income loss while repairs are underway will likely be denied. This applies even if you only rent occasionally. Our post explaining why Homeowners Insurance doesn’t cover short-term rentals walks through exactly where those gaps appear and what a proper policy covers instead.

A comprehensive STR policy like Proper’s covers three core areas: property, liability, and business income. On the property side, that includes structural damage, contents, guest-caused damage, and theft — with no sublimit on guest damage or theft, which is unique to Proper. On the liability side, Proper provides $1M in commercial general liability, which extends beyond your property line to cover incidents involving amenities like bikes, kayaks, or hot tubs. On the income side, Proper covers loss of rental revenue when a covered cause takes the property offline, paid on actual loss sustained rather than a flat daily rate. For a deeper look at how these three pillars work together, see our guide on building the right insurance stack for your short-term rental.

Yes. Proper offers the only comprehensive insurance solution on the market built specifically for rental arbitrage: the business model where a host leases a property long-term and re-lists it on Airbnb or Vrbo. Standard renters insurance does not cover STR business activity, and standard Landlord policies protect the property owner, not the arbitrageur. Proper’s rental arbitrage policy covers guest-caused damage, commercial liability, and loss of business income, and can name the landlord as an additional insured on the liability coverage. For more on how the coverage works and what to discuss with your landlord, read what rental arbitrage is and how to protect the business.