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Updated 11 months ago on . Most recent reply
Is Airbnb's liability protection enough?
So I'm going to be renting out a condo in California on Airbnb. Condos are difficult and expensive to insure here. The HOA offers enough protection for the unit itself and Airbnb claims to offer $1m liability protection. What is the consensus on Airbnb's insurance? Can you trust it if somebody sues you? Does it provide protection between stays? My gut tells me I need my own liability protection--I'm in business with Airbnb but don't exactly fully trust them--but like I said, it's difficult and expensive to obtain. Thoughts?
Most Popular Reply
Greg Scott
#2 Managing Your Property Contributor
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- Rental Property Investor
- SE Michigan
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Greg Scott
#2 Managing Your Property Contributor
Pro Member
#2 Managing Your Property Contributor
- Rental Property Investor
- SE Michigan
Get an umbrella liability policy. They are written off your personal residence.