Short-term rental insurance is designed for property owners who rent their homes on platforms like Airbnb or Vrbo. Unlike traditional homeowners insurance, which typically doesn’t cover guest-related incidents, this specialized policy bridges that gap. It offers vital protection against damage, liability, and income loss, helping you operate your rental property with more confidence and less risk.

What’s Covered by Short-Term Rental Insurance

Coverage typically includes protection for your building, personal property, and liability. If a guest causes accidental damage to furniture, flooring, or appliances, your policy can help cover the repair or replacement costs. Liability coverage protects you if a guest is injured on your property and decides to pursue legal action. Some policies even cover theft, vandalism, or loss of rental income due to covered events like fire or water damage.

Understanding Premiums and Policy Costs

Premiums for short-term rental insurance depend on several factors, including the property’s location, size, value, and frequency of rental activity. Properties in high-demand vacation destinations may see slightly higher premiums due to increased guest turnover. On average, policies are competitively priced to reflect the short-duration nature of the stays, often costing less than you might expect for the coverage provided.

The Claims Process for Rental Hosts

Filing a claim under a short-term rental policy is typically a straightforward process. After documenting the issue with photos or written descriptions, you’ll submit the claim to your insurer and any supporting documents. Some insurers also require proof of guest stay through rental agreements or platform records. Once the claim is reviewed and approved, funds are released to help with repairs or reimbursements—minimizing the financial impact of unexpected problems.

Short-term rental insurance gives you peace of mind by covering scenarios that standard homeowners policies won’t. Whether renting out your primary residence occasionally or managing multiple vacation homes, having proper coverage ensures your income and property stay protected. It’s a smart, proactive move for anyone earning money through short-term stays.

Protecting Your Rental Property with Koda Insurance Services

Short-term rental insurance protects property owners who rent their homes on platforms like Airbnb or Vrbo. It covers guest-related damage, liability claims, and even income loss due to covered incidents. At Koda Insurance Services, we simplify the process by helping you understand your coverage options and customizing a policy that matches your needs. Whether you’re renting occasionally or managing multiple listings, we’re here to protect your property and income with expert guidance. Contact us today at (619) 600-5550 or complete our online form to start.