Specialized insurance coverage protecting hosts from liability claims arising from accidents, injuries, or property damage during events held at their rental property.
Menu
Glossary Term: Insurance
67 posts
Specialized insurance policies designed to protect short-term rental property owners and managers from risks specific to the industry.
A program offered by some platforms like Airbnb that provides protection for hosts against damages caused by guests, subject to specific terms and conditions.
Insurance or security deposit options that protect hosts from financial losses due to accidental damage or guest negligence during a booking period.
A type of insurance policy that protects the physical structure of a short-term rental property from covered perils such as fire, windstorm, or vandalism.
The maximum amount an insurance policy will pay out for damages or losses to the physical structure of a short-term rental property.
The amount a property owner is responsible for paying out of pocket before insurance coverage kicks in for damages to the structure of a short-term rental.
Insurance or a program offered by platforms like Airbnb and VRBO that safeguards hosts against potential damages to their property caused by guests, often replacing traditional security deposits.
Specialized insurance policies designed to cover the unique risks associated with short-term rentals, including property damage, liability claims, and business interruptions.
A protection program offered by some short-term rental platforms, providing financial coverage to hosts in the event of guest-caused property damage or other covered incidents.
An optional program offered by some platforms or insurance providers that provides coverage for accidental damages caused by guests during their stay, often as an alternative to traditional security deposits.
Insurance or a program offered to hosts or guests to cover accidental damages to the property during a guest’s stay, providing financial protection.