WHAT IS HOST PROTECTION INSURANCE?
Airbnb Host Protection Insurance is a liability insurance program. It helps cover costs for a host's legal responsibility. So, if a guest or third party is injured while on the premises, or if their property is damaged because of an incident related to their Airbnb stay, then this type of insurance provides assistance to the host.
WHAT HAPPENS IF A GUEST GETS INJURED IN AN AIRBNB?
PROPERTY OWNERS NEED AN AIRBNB INSURANCE COMPANY
In most cases, standard homeowners insurance doesn't cover property damage or injury a guest may suffer during an Airbnb rental. If you haven't informed your insurance provider that your home is now an Airbnb, you can even find your basic policy outright canceled. Using your home as an Airbnb is short-term renting, which basic homeowners insurance doesn't cover. You need specialized business coverage from an insurance provider for your Airbnb.
HOW IS HOST PROTECTION INSURANCE DIFFERENT FROM THE HOST GUARANTEE?
Airbnb's Host Protection Insurance and Host Guarantee are two different programs offered. See the following infographic to learn the differences.
HOSTING YOUR PROPERTY ON AIRBNB REQUIRES A COMPREHENSIVE INSURANCE POLICY
Remember that both Airbnb’s Host Protection Insurance and Host Guarantee cover the absolute bare minimum. It is meant to be supplementary coverage and shouldn’t be your sole protection.
FREQUENTLY ASKED QUESTIONS
WHO PAYS FOR THE AIRBNB HOST PROTECTION INSURANCE PROGRAM?
HOW MUCH DOES HOST PROTECTION INSURANCE AFFECT HOA INSURANCE?
WHAT IS THE COST OF AIRBNB HOST PROTECTION INSURANCE?
ABOUT M&P INSURANCE