Airbnb & Short-Term Rental Business Insurance Coverage Checklist
The coverages an airbnb & short-term rental business business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for short-term rental hosts, co-hosts, arbitrage operators, and STR managers. Priorities reflect typical exposure; confirm against how each listing is owned or leased.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Short-Term Rental Liability | Covers guest and third-party injury claims — platform protection is not a substitute. | Core | |
| Property Coverage Written for STR Use | Covers the home and contents — standard homeowners policies often exclude business use. | Core | |
| Loss of Rental Income | Replaces bookings lost after a covered loss. | Prevalent | |
| Umbrella / Excess Liability | Adds limits for a party shooting, fire, or drowning claim. | Prevalent | |
| Professional Liability (Co-Hosts / Managers) | Covers owner claims against a co-host or manager over management errors. | Situational | |
| Cyber Liability | Covers guest data and account takeover of listings. | Situational |
The coverage gap most often missed
The most commonly missed gap for this class is relying on platform protection instead of insurance. Airbnb's AirCover offers $1 million in liability but has exclusions and a short claim window, and standard homeowners policies often exclude short-term rental use. Guest parties are the severe risk — deadly shootings at rental parties have led to suits naming hosts and owners. Hosts should carry their own STR liability, screen guests, enforce occupancy limits, and confirm every listing is legally registered.
Send us the checklist and we'll review your airbnb & short-term rental business coverage line by line, then market it across multiple carriers that compete for your account.
Related: Airbnb & Short-Term Rental Business Insurance · Airbnb & Short-Term Rental Business Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does an airbnb & short-term rental business business need?
The core coverages for an airbnb & short-term rental business business are Short-Term Rental Liability, Property Coverage Written for STR Use. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my airbnb & short-term rental business coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.