Airbnb

Short Term Rental Insurance Overview

Short term rental insurance is designed to protect property owners and hosts who rent out their properties for short periods, such as through platforms like Airbnb, Vrbo, or Booking.com. Whether you 're renting a vacation home, apartment, or even a single room, having the right insurance is essential to safeguard your property, your guests, and your financial interests.

Types of Coverage in Short Term Rental Insurance

Property Damage Coverage

Purpose: This coverage protects against damage to your property caused by guests. Whether it's accidental damage to furniture, appliances, or the structure of the home, this coverage helps you repair or replace the damaged property.

Liability Insurance

Purpose: Liability insurance protects you in case a guest is injured while staying at your property. It covers medical expenses and legal fees if the injured guest decides to file a lawsuit against you for negligence or unsafe conditions.

Loss of Income Coverage

Purpose: If your property becomes uninhabitable due to damage or a covered event (such as a fire 􀀕r storm), loss of income coverage helps replace the rental income you would have earned during the time the property is being repaired or rebuilt.

Guest Injury Coverage

Purpose: In addition to general liability, guest injury coverage can cover specific incidents in which a guest is injured while staying at your property. This may include medical costs and compensation for damages or loss of personal belongings during their stay.

Theft and Vandalism Coverage

Purpose: Theft and vandalism coverage protects your property in the event that guests steal items or cause damage intentionally. This ensures that you won't bear the full financial loss if valuables or furniture are stolen or damaged.

Contact Us

If you're ready to protect your short-term rental property or if you have questions about the coverage options available, our team is here to help. We offer comprehensive short term rental insurance tailored to your needs, ensuring that you can rent with confidence.

Contact The Miley Agency today to learn more or to request a quote!