FAQ: How can I protect myself with more than a security deposit?

How can I protect myself with more than a security deposit?

In addition to including a security deposit on your listing and being familiar with the Airbnb Host Guarantee, adding an extra layer of protection with renter’s or homeowner’s insurance may be right for you. Every policy is different and might not provide the same level of protection. To understand your coverage options, you should check with your insurance provider or providers in your area. 

Here are some common questions and answers:

1. Does my homeowner’s or renter’s insurance cover instances in which a guest or other third party is injured at my listing?

Some insurance policies protect homeowners and renters from certain lawsuits that result from injury to a visitor. Since the coverage contained in those policies varies, we recommend you confirm with your insurance provider that your rental activity is covered under your current policy before listing your space.

2. Does Airbnb offer liability coverage?

Airbnb does not offer liability coverage.

3. What is an Umbrella policy?

Umbrella policies often extend your liability insurance coverage beyond your minimum coverage for a fee. We recommend you discuss this with your insurance provider.

4. Can I ask my guests to sign a rental agreement?

Yes. Some hosts currently require guests to sign rental agreements prior to arrival, which may give you protection against the risk of a lawsuit brought by a guest related to his or her stay at your listing. Make sure you let your guests know of any rental agreement you may require before they book with you.