Airbnb offers its hosts a protection program called AirCover, designed to provide comprehensive coverage in case of unforeseen events. Whether you own a primary residence or a vacation rental, this protection can be a valuable asset in managing your property. But how does Airbnb AirCover work, and under what conditions does it apply?
What is Aircover Airbnb?
AirCover is free insurance offered (included in the 3.6% commission) by Airbnb to all hosts on the platform. This coverage replaces previous insurance programs like Host Guarantee and Host Insurance. It protects hosts against various risks associated with short-term rentals, such as property damage, guest incidents, and unforeseen events like accidents. AirCover Airbnb therefore guarantees comprehensive protection for hosts at no extra cost.
Under what conditions does AirCover Airbnb work?
AirCover offers very broad coverage, but it is subject to certain conditions:
1. Property damage : If a guest causes damage to your property, AirCover covers repairs up to $3 million . This includes furniture, electronics, and even artwork.
2. Personal injury accidents : In the event of accidents occurring on your property, medical expenses are covered by AirCover, which can prevent costly legal complications for the host.
3. Damage caused by animals : If a pet causes damage during a booking, AirCover also includes specific coverage.
4. Theft : If any items are stolen during a booking, the insurance will compensate you for the losses.
However, it is important to note that to activate the insurance you must have taken out home insurance which stipulates short-term rentals.
>> Everything you need to know about taking out short-term rental insurance
How do I activate AirCover Airbnb?
AirCover is automatically included as soon as you list your property on Airbnb. To meet Airbnb and AirCover's requirements, you need an addendum to your home insurance policy that specifically covers short-term rentals. If an incident occurs, simply file a claim directly on the Airbnb platform, and the AirCover team will handle your case. The process is quick and easy, protecting your interests throughout the rental experience.
>> Everything you need to know about taking out short-term rental insurance
The advantages of AirCover for hosts
Airbnb hosts can rent out their properties with complete peace of mind thanks to AirCover, protection that goes far beyond standard home insurance. It offers, among other things:
• Peace of mind : In the event of incidents, AirCover takes care of the procedures and financial coverage.
• Free coverage : Unlike other private insurances, AirCover is free and included in the Airbnb service.
• Cancellation protection : In the event of an unexpected cancellation by travelers, AirCover offers compensation to hosts.
>> Contact the BB Concierge team for more information about Aircover insurance and its requirements