Airbnb has introduced “Airbnb Host Protection Insurance,” which it characterized as “a liability insurance program that will provide up to $1 million worth of protection to Airbnb hosts for their listings in the U.S.”

According to the company, if a guest “is accidentally injured anywhere in a host's building or property during a stay, the Host Protection Insurance program provides coverage for Airbnb hosts and, where applicable, their landlords.”

According to Airbnb, hosts “won't need to take any action to be covered under this policy — it's automatic for every stay at a listing in the United States. Host Protection Insurance is currently targeted to go into effect starting January 15, 2015. And hosts are still protected by the $1 million Host Guarantee,” which provides reimbursement in cases of property damage, the company said.

Airbnb said that the Host Protection Insurance program is currently only available for listings in the United States, but that it is “working on ways to expand it internationally.”

Victoria Spears

Victoria Spears

Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].

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