5 Critical Insurance Tips Every Airbnb Host Needs to Hear
Summary
Annette and Sarah of Thanks for Visiting discuss critical insurance tips for Airbnb hosts, emphasizing that AirCover is not a substitute for personal insurance and that common claims extend beyond guest damage. They stress the importance of commercial insurance to protect not only property but also business revenue and liability, even for incidents occurring off-site. The video highlights the need for hosts to proactively assess risks related to amenities and ensure their insurance policies provide adequate coverage.
More from Regulations & Compliance
Carson City, Nevada, is refining its short-term rental regulations. City supervisors are currently reviewing and modifying the local ordinance during a retreat. This review aims to address operational aspects, potentially impacting local hosts through new or revised rules, emphasizing compliance.
A 21-unit vacation rental in Dunedin, Florida, has been approved, signaling potential growth in the local short-term rental market. This approval could lead to increased accommodation options for tourists visiting the area. This news could also influence local regulations.
St. Louis aldermen have approved a short-term rental fee, though a legal battle over existing rules continues. This indicates a focus on regulating the STR market within the city. Hosts in St. Louis should be aware of these new fees, which may impact their profitability. Find out how this affects your STR business.
Curated by Learn STR by GoStudioM