Airbnb hosting? Don’t skip insurance! | YourPolicy

Blog > Airbnb hosting? Don’t skip insurance!

Airbnb hosting? Don’t skip insurance!

Thinking about renting out your place on Airbnb? It can be a good way to make money, but it’s important to protect yourself and your property. One way to do that is by getting the right home insurance. In this article, we’ll explain why home insurance is important for Airbnb hosts and talk about the different types of insurance you can get. We’ll also give you tips on how to lower the risks and find the best insurance for your needs.

Why you need insurance for Airbnb 

Renting your place on Airbnb comes with risks that your regular home insurance may not cover. To protect yourself and your property, it’s important to get the right insurance.

image sourcefreepik

Different types of Home insurance 

There are three main types of insurance coverages Airbnb hosts may be interested in: homeowner’s insurance, landlord insurance, and short-term rental insurance. Let’s look at each of them.

Homeowner’s Insurance

Protects your property from things like fire and theft, but it usually doesn’t cover short-term rentals.

Landlord Insurance

Is for people who rent out their homes long-term. It might not be enough if you’re doing short-term rentals on Airbnb.

Short-Term Rental Insurance

Is made specifically for Airbnb hosts. It covers things like property damage, liability claims, theft, and loss of income from guest stays.

What your short-term insurance should cover 

When choosing a short-term rental insurance policy for your Airbnb, think about what coverage you need. Here are some important things to consider:

Liability Coverage

This protects you if a guest gets hurt at your place or damages someone else’s property.

Property Damage Coverage

This covers any damage to your home or belongings caused by guests.

Theft or Vandalism Coverage.

 This protects you if your guests steal or damage your property.

Loss of Income Coverage

If your place becomes unlivable due to damage, this coverage will reimburse you for the income you lose.

image sourcefreepik

Other ways to lower risks besides insurance

There are other things you can do to reduce risks as an Airbnb host:

Set House Rules 

Make clear rules for your guests about things like noise, smoking, and using certain areas of your property.

Screen Guests Check

Potential guests’ profiles, ratings, and reviews from other hosts. This helps you choose responsible guests.

Improve Security

Install smoke detectors, carbon monoxide alarms, and secure locks to keep your guests and property safe.

International Airbnb Hosts

If you’re hosting in a different country, learn about the insurance requirements and regulations there. Talk to insurance providers who specialize in international coverage.

Understanding the Claims Process 

If something happens, contact your insurance provider or YourPolicy agent right away. Keep records and provide any necessary documents to speed up the claims process.


As an Airbnb host, it’s important to protect yourself and your property. Specialized coverage, specifically short-term rental insurance, is key for safeguarding your interests because regular homeowners or landlord insurance may not be enough.

If you have any questions or would like to get covered today, please don’t hesitate to reach out to a YourPolicy insurance agent at (866)236-0203. Each of our agents can help you find the best coverage options at the most affordable rates.


By combining A.I. with human editing, we’ve lowered our carbon footprint in production while still delivering top-notch content.