Does Airbnb offer insurance coverage?
Airbnb's revamped AirCover is free for hosts and provides up to $1 million of Airbnb liability coverage and $1 million of damage protection. Airbnb AirCover touts the insurance coverage as above and beyond its competitors' offerings by giving hosts important protection encompassing pet damage, deep cleaning, income loss, and property damage.
What happens if an Airbnb guest damages my property?
Airbnb AirCover may reimburse up to $1 million in damage to your home caused by guests and their pets if you choose to allow animals. The professional deep cleaning reimbursement can come in handy, too.
What if an Airbnb guest steals from my home?
You can submit theft claims to Airbnb and be reimbursed for many items under certain circumstances. There are some exclusions, and it's recommended that you politely bring the missing items to guests' attention¬ — and/or file a police report — before pursuing an AirCover claim.
What if my Airbnb guest won’t leave?
If your Airbnb guest refuses to leave after their stay has concluded, you may need to get authorities and/or Airbnb involved. This situation may be rare but stands as another example of the various risks you take with short-term renting.
Should I rent my home on Airbnb?
Becoming a host with short-term rental sites like Airbnb, VRBO, and HomeAway brings many considerations, especially when it comes to insurance. Your standard homeowners insurance policy might not provide protection once you begin to use your home as an Airbnb or short-term rental.