What Airbnb Hosts Should Know About Home Insurance

The most important thing that you need to know if you are an Airbnb host in West Hartford, CT: Talk to your insurer before you do anything.

Different providers will have different rules for homeowners using their home for temporary rentals, different policies will have different guidelines. You won’t know what you are and are not allowed to do until you talk with your insurer.

Most insurers will have some limited protection for you if you rent your home out to temporary guests. But some may have no protection at all, or may even drop your coverage if they find out that you have been renting the home out without letting them know. So make sure that you call your insurer and let them know what you’re doing, and they’ll tell you how to proceed from there.

Is Airbnb’s Host Guarantee Enough Protection?

If you rent your place out through Airbnb, they do provide their own "Host Guarantee." This provides up to $1,000,000 for losses suffered by the host as a result of renting the place out. They also offer Host Protection Insurance, covering up to $1,000,000 in liability damages.

These policies are mostly there to protect their own business by proxy. If guests are getting hurt in hosts’ homes and Airbnb isn’t doing anything about it, then AirBnB loses stock.

These protections can be a big help, but they’re no substitute for conventional home insurance, even if you use your home exclusively as a rental property.

If you want to make sure that your West Hartford, CT home is covered, get in touch with Connecticut Insurance and let them know that you will be using your home as a rental property. ALLConnecticut Insurance can get you covered no matter your needs.

Required Auto Insurance in Connecticut

In Connecticut, as in other states, the state mandates how much auto insurance you have to have. These are required minimums only, however, and many people choose to increase the amount of coverage they have so that it is more in line with what medical bills and property damage actually cost after an accident. If you need auto insurance, call us at ALLConnecticut Insurance in West Hartford, CT to find out more.

Liability Coverage

When you have an accident that is your fault, there are many expenses that you may be liable for. This is where liability coverage comes in. The state of Connecticut requires three different amounts of coverage to keep your vehicle legally insured. There is one specific amount for one person’s bodily injury from an accident and another, higher specific amount for everyone who was injured in an accident. There is also a specific amount set for the property damage liability from an accident. 

Uninsured Motorists

If you were to have an accident with someone who is uninsured, or with someone who has insurance but not enough of it, this type of required insurance coverage can help you. It pays for bodily injury when the accident is the fault of someone who is uninsured or underinsured. This coverage comes with a set minimum amount for one person’s bodily injury, and a larger amount is set for all of the bodily injury from the accident. 

Talk to an Insurance Agent

If you need auto insurance, or you want to increase your coverage, call us at ALLConnecticut Insurance in West Hartford, CT to make an appointment to talk to an agent about the auto coverage you need.