What insurance do I need on a vacation rental?
I just paid the deposit on a holiday house and want to make sure we have the correct insurance. The hosue is furnished and I will be leasing it out through Airbnb.
Thanks for your question. First, you will need to contact Airbnb to see what type of insurance they provide while you have guests in the home. The company typically offers hosts a $1 million liability policy to cover any claims that may come up against you. However, once you confirm the coverage they provide, it's a good idea to shop for the correct homeowner's policy for you. Good luck and don't hesitate to ask if any other questions arise.