Short-Term Rental Property Insurance
In addition, this insurance is useful if a customer is injured in your home or if a customer causes damage to property in your home.
It also pays compensation in the event of theft or burglary.
Learn about Short-Term Rental Insurance to protect you and your property.
Target Risks
Both Owner Occupied Homes and Condo are eligible.
- Rented Out Rooms or Entire Home or Condo
- Short Term Rentals including Daily and Weekly Rentals
- Bookings through sharing economy including Airbnb and Vrbo acceptable
Coverage of Short-Term Rental Property Insurance
The following events are covered by insurance.
- All Risk and Named Perils Coverage
- Damage Caused by Tenants – subject to deductible
- Tenant Theft Coverage – subject to deductible
- Optional Rent and Rental Value Coverage
- Optional Earthquake Coverage
Features & Benefits
- $2 Million liability limit option
- Standard $1,000 deductible
- Discounts available for
- Newer Dwelling
- Monitored Alarm
- Sprinklers
- Deductible options
Who Need Short-Term Rental Insurance
If you frequently rent out your home, condo, or apartment through home sharing platforms such as Airbnb or Vrbo, you probably need short-term rental insurance.
Renting out your home to strangers through Airbnb or Vrbo is inherently dangerous. Moreover, even with proper precautions, accidents can still happen. If you do not have home sharing insurance and a guest is injured or accidentally damages your property during their stay, your homeowner’s insurance company may deny the claim.
If you are looking to rent out your property for a longer period of time rather than on a single knightly basis, consider our Rental Property Insurance.
Please feel free to contact us for a consultation
ON/AB: 1-888-298-6526 BC: 1-888-267-4461
Weekdays: 9:00am – 5:00pm Eastern or Pacific Standard Time.