short term rental insurance

[Lee Liberman]

Does anyone have a strong understanding of short term rental (airbnb) insurance coverage?

i have seen policies that are standard landlord policies (premises liab and building coverage) but allow short term rentals but dont add additional coverages that may be needed ($1000).  i have also seen policies specifically geared to short term rentals that add additional protection (foremost $1500) but don't have general liability coverage.  lastly i have seen commercial based coverage that includes general liability as well as premises and building (proper $3k of which only $400 is general liab).  my goal is to get a policy similar to foremost that has an added element of general liab to stay in the ballpark of $2k.

i am holding these in my personal name to avoid quit claim risk and keep lending rates low.  based on that i want to have umbrella coverage and general liability as well to ensure as much coverage as possible.  this is also my 5th rental so i am no longer covered under my personal umbrella (max 4 rentals) and thus was ideally looking for a combined personal and commercial policy but i am not sure that exists.  i am likely going to get stuck needing both a personal umbrella and an additional commercial umbrella.

does anyone have suggestions?  looking for reasonably priced commercial policies on the st rental and clarity on how best to set up umbrella/general liab protection.

Thanks,