Insight
Standard homeowners or landlord policies won't cover exposures related to Airbnb Services because they are not designed for active income-generating businesses like short-term rentals.
Airbnb Services Have Pushed the Limits on Hosting—But Your Insurance May Not Be Ready For It
Summary
Airbnb's new 'Services' feature introduces on-site services like private chefs and trainers, but significantly increases liability risks for hosts. Standard homeowner's insurance may not cover these exposures, so hosts should review their insurance policies to ensure adequate protection. Consider obtaining specialized short-term rental insurance from companies like Proper Insurance.
Key takeaway