Airbnb insurance: Protect yourself from guests from hell

Protect yourself from guests from hell

Your home home insurance doesn’t cover short-term rentals

Airbnb insurance

(Westend61/Getty Images)

Want to rent out your home to tourists but worried it’ll get trashed in a “drug-induced orgy”—a situation that recently befell a Calgary couple who rented their place out on Airbnb? Square One Insurance is the only provider to offer comprehensive theft, water and fire damage coverage to Airbnb hosts in B.C., the Prairies and Ontario starting at $20/month. The deductible for crime-related losses is steep at $2,500 but neither Airbnb nor traditional home insurance providers will cover you.