A type of insurance that protects property owners or managers from financial responsibility for injuries or property damage suffered by a third party (e.g., a guest) on their property. It typically covers legal defense costs and potential settlements.
Glossary Term: Guest Injury
A type of insurance that protects short-term rental hosts from financial liability in case a guest is injured on their property.
Specialized insurance policies designed to cover the unique risks associated with short-term rental properties, protecting both hosts and guests.
The process of identifying potential risks and liabilities associated with short-term renting and implementing strategies to mitigate them, often a joint effort between property owners and legal professionals or insurance providers.
The responsibility of a short-term rental host or property manager to compensate for damages or injuries that occur on the property during a guest’s stay. Specific insurance policies for short-term rentals are usually required.
Specialized insurance policies designed to protect short-term rental hosts from liabilities and damages associated with hosting.
Specialized insurance coverage protecting hosts from liability claims arising from accidents, injuries, or property damage during events held at their rental property.