Which insurance companies cover Vacation Rental Properties?

If you are regularly renting out a vacation home or investment property, this would also require a landlord or rental dwelling policy. ... The policy also includes liability coverage; if a tenant or one of their guests gets hurt on the property, it would cover legal fees and medical expenses.

Having Short-Term Rental Insurance makes all the difference. When someone short-term rents a property on Airbnb or VRBO they are a guest and the owner needs short-term rental insurance coverage. Without adequate short-term rental insurance, you're exposing yourself financially to liability and property damage issues.

Airbnb provides AirCover for Hosts, which replaced the Host Guarantee in 2021. It covers damage to the host's home or property caused by a guest, up to $1 million, subject to numerous terms and conditions. But this is not insurance, and Airbnb states that it “should not be considered a replacement or stand-in for homeowners or renters insurance.”

VRBO will continue to look at options to further protect owners against the unexpected challenges involved with managing a vacation rental. Please note, $1M Liability Insurance does not cover damage caused by a traveler to your own property.

Houfy does not endorse or recommend any insurer - check that a policy covers short-term letting before you buy. For on-platform damage cover, see HoufyProtect: Your Hassle-Free Booking Experience.