Hosting through Airbnb offers flexibility and freedom, but it also comes with plenty of risks. Running a short-term rental is a real business, and it deserves hospitality insurance that understands the risks of the industry.
What Is Airbnb Insurance and Why Does It Matter?
Short-term rental insurance is designed to protect hospitality entrepreneurs from the unique risks they face. While Airbnb provides some built-in protection through its AirCover for Hosts program, this is not a replacement for tailored business insurance that covers a range of common losses.
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What Does Airbnb Insurance Actually Cover?
A comprehensive insurance policy for Airbnb properties typically includes:
Business Interruption:
A disaster can force you to close your doors temporarily. This helps get you back to business, quickly.
Property and Contents:
Get protection for your building, furniture, and appliances in the event of water damage or vandalism.
Liability:
Whether you’re hosting 10 or 1,000 guests a year, liability risk is real.
Cancellation of Bookings:
Cancellations due to unforeseen events don’t have to be financially devastating.
Billing Cover:
Your safety net if a guest leaves without paying for their stay.
Where to Find Insurance for Airbnbs
You don’t need to settle for a one-size-fits-all type of cover. At dotsure.co.za, we offer customised business insurance solutions for Airbnb owners and other hospitality professionals. Contact us today and let’s build a policy that works as hard as you do.