The Hidden Airbnb Insurance Rule That Could Cost You $30,000 (if you don't read fine print)

Summary

This video highlights the importance of understanding the 30-day vacancy rule in insurance policies for short-term rental properties. The hosts, Thanks for Visiting, explain that many insurance policies exclude coverage for certain risks like fire, vandalism, and water damage if a property is vacant for more than 30 days. They discuss why STR hosts are vulnerable due to seasonal lulls and gaps between bookings and provide actionable advice on notifying your agent, obtaining a vacancy rider, and conducting regular property checks. They recommend working with specialized short-term rental insurance providers such as Steadily to avoid costly coverage gaps.