If you rent out your home to tenants or Airbnb guests, having a quality home insurance policy is exceptionally important for you. While insuring your home is important for everyone, individuals who rent out their home to guests or tenants may face an increased risk of property damage.

Some people who you rent your home to may be far less conscientious about preventing damage to the property than you are. In addition, getting compensation from a tenant or guest who has caused damage to your home can be difficult or even impossible. Luckily, having an effective home insurance plan will protect you in this situation.

Does Airbnb offer insurance coverage?

If you’re renting out your home through Airbnb, the company offers insurance that can protect you in certain situations. However, there are some serious loopholes in the coverage, such as the fact that it does not cover property damage. Instead, the insurance plan that Airbnb offers is primarily designed to cover you if a guest is injured while they’re staying on your property. Therefore, it’s important to have a high-quality home insurance policy that will cover property damage that was caused by Airbnb guests.

How do you know if you need landlord’s insurance or homeowner’s insurance?

If you do not live on the property that you’re renting out, then you’ll definitely need to get a landlord’s insurance policy. However, our homeowner’s insurance policies are perfect for people who are living on the property that’s being rented out to tenant(s) or Airbnb guests.

Where are EZ home insurance policies available?

If you live in the state of Texas, you can get our affordable insurance policies for your home. We’re based out of Austin, Texas, and we have several offices in the city. The fact that we’re a local, direct agency that’s based out of Texas makes us exceptionally familiar with the specific needs of homeowners in the state. Getting home insurance from us is easy, and you can enroll by calling 512-444-4445 and quotes are available here. We’re open from 9-6 central time Monday through Friday and 10-2 on Saturdays.