Airbnb provides some coverage for hosts through its AirCover program. Please note that this coverage is subject to change, and it is a best practice to review AirCover’s terms and conditions regularly. As of Jan. 15, 2022, AirCover provides the following protections at no extra cost to hosts who list their home on the site:
Host liability insurance may provide up to $1 million in liability insurance coverage in the event guests’ property is damaged or stolen or if guests are injured
Host damage protection may provide up to $1 million in damage protection if a guest damages your house or your belongings.
Even with these protections, there may still be gaps in coverage that leave you vulnerable. Airbnb specifies its host damage protection is not an insurance policy, and hosts’ claims will be processed through the Airbnb Resolution Center.
Additionally, the host liability insurance program is subject to limitations, conditions and exclusions that may expose you to other perils. The agents at Florida Best Quote Insurance can discuss your risks and provide information on available coverages to fill in the gaps.