Author Topic: Does Landlord Insurance Make Sense for Airbnb?  (Read 1503 times)

William Bernard

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Does Landlord Insurance Make Sense for Airbnb?
« on: April 13, 2017, 03:42:44 PM »
Would you need landlord insurance if you ran an Airbnb? Airbnb is still a fairly new phenomenon and not accepted everywhere. I actually read an article of an elderly woman who NY came after for running an illegal Airbnb. So what precautions should interested parties take? Is it worth pursuing landlord insurance and is the cost worth it?

http://www.theverge.com/2017/2/7/14532388/nyc-airbnb-first-illegal-renting-fines-issued

http://fitsmallbusiness.com/landlord-insurance/

electriceagle

  • Pencil Stache
  • ****
  • Posts: 521
Re: Does Landlord Insurance Make Sense for Airbnb?
« Reply #1 on: April 15, 2017, 02:54:37 AM »
Alas, (most) landlord insurance won't cut it for Airbnb. You want commercial bed & breakfast insurance.

 

Wow, a phone plan for fifteen bucks!