Airbnb Insurance in New Hampshire

Also providing airbnb insurance to residents in Massachusetts, Maine, Rhode Island, & Vermont.

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What is Airbnb insurance?

Renting out any space comes with certain risks, and Airbnb rentals aren’t immune. Airbnb insurance can help New Hampshire hosts who list spaces on short-term online rental platforms protect against a range of risks.

Airbnb insurance is a specialized policy designed to protect hosts who have listings on short-term online rental platforms. Policies may cover rentals on Airbnb, Vrbo, and other platforms.

Who in New Hampshire needs to carry Airbnb host insurance?

If you have a listing on Airbnb or Vrbo, you may want Airbnb host insurance. Most New Hampshire residents renting out rooms, apartments, houses or other spaces can benefit from a policy’s protections. For example, policies are commonly purchased by:

• Owners with cabins in the White Mountains who rent during peak season
• Owners with Coastal or lake waterfront property who rent during peak season
• Homeowners who rent out their primary residence during major events
• Homeowners who rent out in-law apartments that are part of their house
• Homeowners who periodically rent a spare room in their house
• Investors who rent out their properties on a regular basis

What insurance coverages do Airbnb hosts need to have?

Airbnb policies offer a range of coverages that may shield against multiple accidents and other incidents. Some coverages that hosts often benefit from include:

• Dwelling Coverage: May apply to damages tenants (or others) inflict on the the rented space.
• Personal Property Coverage: May apply to damage or theft of belongings in the rented space.
• Liability Coverage: May apply to accidents that result in guest injuries.

In most cases, these coverages typically provide protection regardless of whether an incident involves a guest or someone else.

Does Airbnb offer hosts with any insurance protections?

Airbnb generally provides some property and liability coverages for hosts renting through their platforms. The coverages are normally part of AirCover for Hosts, which is provided to hosts at no additional cost.

These protections usually include $1 million in liability coverage, and $3 million in property coverage. The former may cover injuries that guests sustain. The latter may cover damage to the property, damage to vehicles on the property, unexpected cleaning costs, and lost income in certain situations.

While this might sound like a lot of protection, it isn’t always enough. Even $1 million in liability protection may not be enough if someone dies in an accident on the property (e.g. drowning in a backyard pool). 

Additionally, the coverages won’t necessarily protect against all of the incidents that a hose would like coverage for. A separate Airbnb policy may be used to fill in coverage gaps.

An insurance agent specializing in Airbnb host insurance will be familiar with the coverages that Airbnb typically offers. They’ll be able to help hosts find a policy that supplements the platform’s coverages well.

Do hosts need insurance if listing on Airbnb just occasionally?

Having insurance can be wise even when renting just occasionally on Airbnb, such as when there’s a major event. It takes just one accident for hosts to face major legal costs or large repair bills. Having insurance usually reduces the risk of such financial losses.

An agent who knows Airbnb host policies well should be able to find affordable host insurance for ocassional rentals.

How much do Airbnb hosts pay when getting their own insurance?

The cost of Airbnb host insurance policies can vary, but is generally quite affordable. Most Airbnb host policies are less than standard landlord insurance. An independent insurance agent can provide quotes from different insurers.

Where can New Hampshire hosts find Airbnb insurance?

If you need help insuring rentals through Airbnb or a similar platform, contact the independent insurance agents at Insruance24. Our New Hampshire agents will help you find the right Airbnb insurance policy to protect your space and yourself.