Airbnb Arbitrage Insurance

[Justin Golden]

Hi BP. I am under contract on a duplex with my fiancé in the greater Philadelphia area. We are moving into one unit and inheriting a tenant in the second unit. The tenant has a sublet agreement with the current owner of the property and lists the unit on Airbnb. I am looking for insurance recommendations for my situation. I am unsure if the tenant has a rental insurance policy. I know airbnb provides aircover for hosts however I am not a host so feel like I would not be covered. Any insight is greatly appreciated!

Justin

[Ashley Barlow]

I am the owner of a property and am allowing a "tenant" to arbitrage my property and rent it as an STR. I have my normal landlord home owners insurance policy then an additional STR liability policy and I make my "tenant" carry their own additional STR liability policy as well.