Homeaway Rental Insurance (homeawayrentalinsurance)

Airbnb® Host Insurance

Airbnb provides Host Protection Insurance which protects Airbnb hosts and even property owners globally. It mainly focuses on protecting the host and/or landlord facing responsibility when cases are brought by 3rd parties, like a next-door neighbor and also including guests that stay at the location. Coverage runs up to $1 million USD per occurrence in the event of property damages or personal injury.

Featured in the insurance are common places like lobbies or elevators. airbnb insurance coverage is mainly liability insurance that secures the host, landlord or homeowners association from suits brought by a visitor to cover things like damages to the building or an accident suffered throughout their stay in the residence. There are numerous points, however, that are not protected by Airbnb insurance coverage.

The Airbnb Host Protection plan is just for liability as mentioned above. It does not consist of points such as building damage that is deliberate, rather than unintentional. Nor does it protect building damage such as mold and mildew or pollution. And it additionally does not cover loss of revenues. So imagine if a flood or fire happens throughout a guest's stay and you are not able to rent out the area till mitigation is complete. Not having insurance coverage to compensate you for both damages to the residential property or loss of revenue can be devastating to your income.