Top 3 Airbnb Insurance Claims Every Host Must Know | Avoid Costly Mistakes | Steadily

Summary

This video breaks down the top three insurance claim areas for STR hosts, dispelling common myths. The most frequent claims aren't from guest vandalism, but from weather and water damage. The speaker clarifies the critical distinctions between vandalism (intentional, often covered), accidental damage (unintentional, may need supplemental coverage), and wear and tear (not insurable, requires a maintenance budget). Finally, the video emphasizes the importance of liability coverage, especially when offering amenities, and stresses that hosts are responsible for maintaining a safe, hazard-free property to avoid injury claims.