New AirBnB Host looking for the right insurance

St. Louis, Missouri
General Real Estate Investing
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New AirBnB Host looking for the right insurance

Jose BotelloPro Member
New to Real Estate · Southeast Missouri · Member since 2023 · 33 posts · 23 votes

Hi all,

looking for some guidance on the right insurance and maybe the right insurance company. We are about to go live on our 1st AirBnB and want to make sure i have the right coverage. The property is a 3-unit building, currently only one unit will be going live, as we work on the other 2. i saw where AirBnB offers 1M liability through AirCover. What other insurance do i need to make sure i am properly covered? 

Thanks for all the help!

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  • Owen RosenBusiness Member
    Professional · Clinton Township, MI · Member since 2015 · 686 posts · 259 votes
    9mo
    Quote from @Jose Botello:

    Hi all,

    looking for some guidance on the right insurance and maybe the right insurance company. We are about to go live on our 1st AirBnB and want to make sure i have the right coverage. The property is a 3-unit building, currently only one unit will be going live, as we work on the other 2. i saw where AirBnB offers 1M liability through AirCover. What other insurance do i need to make sure i am properly covered? 

    Thanks for all the help!


     You should have actual dwelling insurance to insure the property.  These policies will typically include liability as well.

    Royal Oath Insurance Group4.9203 Reviews
    WebsiteView Page
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    • Jose BotelloPro Member
      OP
      New to Real Estate · Southeast Missouri · Member since 2023 · 33 posts · 23 votes
      9mo

      @Owen Rosen thank you, insurance is so confusing 

      2Reply
  • Owen RosenBusiness Member
    Professional · Clinton Township, MI · Member since 2015 · 686 posts · 259 votes
    9mo

    Happy to assist. Sent a DM as well.

    Royal Oath Insurance Group4.9203 Reviews
    WebsiteView Page
    0Reply
  • Michael Koeplin
    Saint Paul, MN · Member since 2015 · 57 posts · 34 votes
    4mo

    Jose - one thing to be careful about is assuming AirCover replaces an actual STR insurance policy. The $1M liability protection is helpful, but it's generally best viewed as one layer of protection rather than the entire insurance strategy.

    Since this is a 3-unit building with mixed occupancy during renovation/lease-up, I would strongly encourage making sure the carrier understands exactly how the property is being used:

    • owner occupied vs non-owner occupied
    • which units are STR vs long-term
    • renovation status
    • furnished occupancy
    • guest turnover

    Those details matter a lot from an underwriting standpoint.

    A standard landlord or dwelling policy may not automatically contemplate short-term rental activity, especially once guests begin cycling through the property regularly.

    At minimum, I’d want to confirm:

    • property coverage/replacement cost
    • STR-permitted liability coverage
    • loss-of-income/business interruption coverage
    • whether guest-caused damage is covered
    • umbrella liability options
    • whether the policy specifically permits Airbnb/VRBO activity

    Good on you for asking these questions before going live. A lot of operators don’t discover coverage gaps until after a claim.

    Michael Koeplin

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