Airbnb offers Host Protection for those that rent out their properties to short-term rental guests. This policy, free for all properties listed on Airbnb, helps add up to $1,000,000 in coverage for issues that you and your guests may have during their stay. However, it is only there to help with certain problems – not all of them. Did you know that your Airbnb Host Protection package has numerous exclusions that aren’t covered, should something go wrong? With these, you won’t have any liability coverage at all if you only have Host Protection. If your guests were to injure themselves on your property, whether purposely or accidentally, you’ll be held responsible to defend yourself and/or pay out of pocket for their medical costs.
Keeping Your Property Safe is Your Responsibility
If you truly want to be able to keep your rental property safely covered if something goes wrong, then you need to get covered under a specific Airbnb insurance policy that goes above and beyond the Host Protection that you can get from Airbnb. Proper Insurance® helps cover your home from damage and protect you from liability should things go wrong. Protect your income and your property with a plan from Proper today.
Airbnb’s Liability Coverage Leaves You Exposed
If you’re renting out your home on Airbnb, you’ve likely seen their free liability coverage known as Host Protection Although Airbnb liability coverage is free for all properties listed on the site, this coverage is not comprehensive and won’t protect you from serious liability issues like an assault that occurs on your property. Whether you rent out your property once a year for some side income or you’re a serious property rental manager, adequate coverage is critical. Even if you never face a claim of liability or property damage, it’s best to be covered. In some cities, you are legally required to carry short-term rental insurance. Protect your home and finances by signing up for Proper Insurance today.