A clause in an insurance policy that prevents the insurance company from suing the renter for damages they have already covered for the property owner.
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Glossary Term: Liability
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Insurance coverage specifically designed to protect short-term rental hosts from financial losses caused by water damage to their property.
Identifying potential hazards and liabilities associated with renting out a property, such as property damage, liability claims, and legal disputes.
A type of insurance policy that provides coverage for events held at a specific venue, such as a short-term rental property, and may be required by some platforms or local regulations.
Specialized insurance policies designed to protect short-term rental hosts from liabilities and damages specific to the sharing economy, covering property damage, liability claims, and income loss.
Specialized insurance coverage designed to protect hosts and their properties from risks associated with short-term rentals.
Insurance or security deposit options that protect hosts from financial losses due to accidental damage caused by guests.
Specialized insurance policies designed to protect short-term rental property owners and managers from liability and property damage.
Optional insurance offered by platforms like Airbnb and VRBO, providing coverage for hosts and guests in case of unexpected events like cancellations, damage, or liability claims.
Guidelines outlining the terms and conditions for hosting events like parties, weddings, or gatherings at a short-term rental, often including restrictions, fees, and liability waivers.
Insurance or security deposits that protect hosts from potential financial losses due to accidental or intentional damage caused by guests.
A pre-written document that outlines the terms and conditions of a short-term rental agreement, including guest responsibilities, house rules, and liability waivers.