If you rent your property through Airbnb, you’re probably familiar with AirCover, which offers protection for hosts that includes $3 million in damage and liability coverage. While that sounds comprehensive, there’s a critical gap you should know about: lost income coverage.
What AirCover Actually Covers
AirCover helps with things like:
- Guest-caused damage to your property or belongings
- Liability should a guest get hurt during their stay
- Some cleaning and repair costs
It’s a helpful layer of protection, but it’s not designed to replace lost rental income.
What Happens If Your Property Becomes Uninhabitable?
Imagine your property experiences a kitchen fire, severe storm damage, or a burst pipe that forces you to cancel upcoming bookings. While AirCover may help with certain repair costs, it won’t reimburse you for the income you lose while your property is out of service.
That can mean thousands of dollars in missed bookings – and no safety net to recover those earnings.
Why You Need Dedicated Vacation Rental Insurance
A comprehensive vacation rental insurance policy fills this coverage gap. With CBIZ Vacation Rental Insurance, you get protection for:
- Lost rental income due to covered damages
- Property and liability coverage built specifically for short-term rentals
- Peace of mind knowing your investment is fully protected, not just partially covered
Don’t Rely on AirCover Alone
AirCover is a great bonus, but it’s not a substitute for a true insurance policy. If you depend on your rental income, make sure you have comprehensive coverage that protects it.
Preserve your income. Protect your investment. Connect with the CBIZ to get a quote today.
This blog may contain scenarios that are provided as examples only. Coverage is subject to the terms, conditions and exclusions of the policy issued. The information provided is general in nature and may be affected by changes in law or the interpretation of such laws. The reader is advised to contact a professional prior to taking any action based upon this information.