The Insurance You Need for Your Airbnb or Short-Term Rental

​Renting out your home or vacation property on Airbnb, VRBO, or other platforms can be a great source of income—but if you're not properly insured, one bad guest could cost you thousands. Here’s what you need to know about protecting your rental property.

1. Does Homeowners Insurance Cover Airbnb Rentals?

Most standard homeowners or renters insurance policies do NOT cover short-term rentals because they’re considered a business activity. This means if a guest causes damage, your claim could be denied.
👉 Solution: A short-term rental insurance policy specifically covers homes rented out for short stays.

2. What If a Guest Gets Injured?

If a guest slips on your stairs or gets hurt while staying at your rental, they could sue you for medical expenses. Regular home insurance may not cover injuries sustained by paying guests.
👉 Solution: Liability insurance for short-term rentals ensures you’re protected from lawsuits related to guest injuries.

3. What If a Guest Causes Damage or Theft?

Some platforms, like Airbnb, offer Host Protection Insurance—but it’s often limited and may not cover expensive damages, intentional theft, or vandalism.
👉 Solution: A comprehensive landlord or rental dwelling policy will cover property damage caused by guests.

4. What About Lost Income Due to a Disaster?

If your rental is damaged by a fire, storm, or other disaster, you’ll lose rental income while repairs are made. Standard homeowners insurance won’t cover lost income from short-term rentals.
👉 Solution: Loss of income coverage ensures you still get paid even if your rental can’t be used.

Conclusion:

​Protecting your short-term rental property requires more than just a standard home insurance policy. Whether you’re hosting guests occasionally or running a full-time Airbnb business, VIP Insurance Professionals can help find the right coverage for you!