If you’re listing your property on Airbnb or Booking.com, you may wonder if short-term rental insurance is worth the cost. After all, platforms often advertise their own host guarantees. But here’s the truth: relying on those alone could leave you exposed.
What is Short-Term Rental Insurance?
It’s a specialist insurance policy designed for properties used as short-term lets. Unlike standard home or landlord insurance, it covers risks unique to hosting guests — from accidental damage to liability claims.
Why Regular Home Insurance Isn’t Enough
Most standard home insurance policies exclude short-term rentals. That means if a guest accidentally floods your bathroom or injures themselves in your property, your usual policy may not pay out.
What It Typically Covers
- Accidental or malicious damage caused by guests
- Public liability (if a guest is injured in your home)
- Loss of income if damage makes your property uninhabitable
- Contents cover for furniture, appliances, and décor
What Airbnb’s Host Guarantee Misses
Airbnb provides a Host Guarantee, but it’s not the same as proper insurance. It doesn’t cover:
- Normal wear and tear
- Lost income from cancellations
- All liability claims
In fact, payouts can be slow and uncertain, leaving you in a risky position.
Do You Really Need It?
If you’re running a serious short-term rental business, the answer is yes. Specialist insurance protects your property, your income, and your peace of mind. Think of it as a small investment that safeguards against potentially huge losses.
The Bottom Line
Short-term rental insurance isn’t optional — it’s essential. It fills the gaps left by standard insurance policies and platform guarantees, ensuring that you and your property are fully protected.
At Host My Nest, we always recommend that hosts secure proper insurance as part of a professional hosting setup.