Best Short-Term Rental Insurance Companies for 2026

If you’re planning to invest in a short-term rental property for 2026, you’ll also want to invest in the right rental insurance. In most cases, typical homeowner insurance won’t cover the issues that arise in short-term rentals. Because short-term rentals can be unoccupied for extended periods and guests may cause property damage, insurance companies consider them very high risk.

You’ll need to consider factors such as the average length of stay, the rental’s age and condition, and the facilities and amenities you provide to determine the best insurance for short-term rentals.

(function(d,u,ac,a){var s=d.createElement(‘script’);s.type=”text/javascript”;s.src=”https://c7168d.lodgify.com/app/js/api.min.js”;s.async=true;s.dataset.user=u;s.dataset.campaign=ac;s.dataset.api=a;d.getElementsByTagName(‘head’)[0].appendChild(s);})(document,29132,’cm75e8py3qltdafbejuy’,’a7168b’);

Don’t see the form to download the Vacation Rental House Rules Template? Click here.

Do I need short-term rental insurance?

Hosts should invest in damage protection insurance for short-term rental properties to provide financial security and peace of mind. Accidents can happen, and without proper insurance, hosts could face significant out-of-pocket costs to repair or replace damaged property.

Additionally, short-term rental insurance often includes liability coverage, which protects hosts if a guest is injured while staying at the property. This coverage can help cover medical expenses or legal fees if a lawsuit arises.

The best short-term rental insurance companies

1. Safely

Safely is a U.S.-based provider of short-term rental insurance specializing in on-site incidents, valuables, structural property damage, and personal injury, whether it’s to the homeowner, the property manager, or guests.

What does Safely offer?

• Deliberate structural damage
• Replacement costs of up to $10,000 for property contents and belongings
• Bodily injury caused by negligence is covered by up to $1,000,000
• Intelligent guest screening

When do you get paid?

On the rare occasion that you need to make a claim, it only takes five minutes to submit a claim. 98% of all claims made through Safely are paid within four to five days. All you have to do is:

1. Take pictures of the damage.
2. Submit your claim.
3. Let Safely handle the rest.

Where is Safely available?

Safely only covers properties located in the U.S. Additionally, Safely has plans to expand to Australia, Canada, Europe, and the United Kingdom.

Pricing

There isn’t a standard starting price with Safely. Instead, hosts receive a customized quote based on the number of days they want to be insured for, the number of properties, their estimated occupancy, and the deductible.

2. Proper Insurance

Proper Insurance is a leading insurer specializing in short-term vacation rental properties. Hosts are protected against risks such as property damage, liability claims, and loss of income due to unexpected events.

What does Proper Insurance cover?

• Squatter protection
• Bed bug protection
• $1,000,000 of commercial general liability and an optional $2,000,000 of additional commercial general liability
• No limit on damage caused by the guest
• No limit on damage or loss caused by theft
• Liability extended to amenities such as pools, hot tubs, and more
• Some protections against loss of income

When do you get paid?

Many users report getting their payout after just a few days. However, it can take up to 30 days for more complex claims.

Where is Proper Insurance available?

Proper Insurance provides coverage across all 50 U.S. states and Washington D.C. Their policies are designed specifically for U.S.-based properties and comply with applicable local laws and regulations.

Pricing

Proper Insurance offers customized quotes that vary based on factors such as the property location, size, usage, and rental frequency. Hosts will need to contact Proper Insurance directly to receive a personalized cost estimate.

3. CBIZ Vacation Rental Insurance

CBIZ Vacation Rental Insurance plans cover a variety of potential risks, including property damage, liability claims, and lost rental income.

What does CBIZ Vacation Rental Insurance offer?

• Liability insurance with a $2 million general aggregate limit
• Protection from guest-caused property damage
• Loss of rental income coverage
• Extra coverage for amenities such as pools, docks, exercise equipment
• Up to $25,000 in coverage for cleanings and income loss related to bed bugs
• Coverage of legal expenses related to squatters

When do you get paid?

CBIZ Vacation Rental Insurance users have reported that it typically takes a few weeks to receive their payout after an approved claim.

Where is CBIZ Vacation Rental Insurance available?

CBIZ Vacation Rental Insurance is available in all 50 U.S. states as well as Puerto Rico, Washington, D.C., and the U.S. Virgin Islands.

Pricing

The price of your plan varies by your specific needs. However, hosts have reported plans ranging from $3/day to about $100/month.

4. Obie

Obie is an insurance provider that specializes in simplifying insurance for landlords and property owners. Catering specifically to real estate investors, Obie offers policies that cover a wide range of rental property types.

What does Obie offer?

• Landlords can get quotes in minutes without needing to speak with an agent.
• Policies can be tailored to meet the unique needs of each property owner.

When do you get paid?

Typically hosts can expect to receive their payout within 30 days of a claim.

Where is Obie available?

All 50 U.S. states and Washington D.C.

Pricing

The cost of Obie’s plans varies by the property type, location, and specific coverage options selected. Hosts have reported affordable pricing, with competitive rates designed to fit their budgets.

5. Allstate

Allstate is a well-established insurance provider offering a variety of coverage options for short-term rentals. Known for its nationwide availability and strong reputation, Allstate provides policies designed to protect rental properties from a range of risks

What does Allstate offer?

• Policies tailored to cover specific risks, ensuring comprehensive protection
• Protection up to $10,000 per rental host period on personal property damaged by guests
• Some protection from theft
• Various discounts, such as the ability to bundle home and auto insurance to save on their premiums

Where is Allstate available?

While general Allstate insurance is available throughout the United States, the HostAdvantage program (specific to short-term rentals) is currently only available in select states.

When do you get paid?

Users have reported receiving their payout from as quick as a few hours through 30 days.

Pricing

Pricing varies by a host’s needs, but users have reported annual fees of $300-$800.

6. Truvi

Truvi (previously SUPERHOG) is an all-in-one risk management platform providing intelligent guest screening and damage protection for short-term rentals that can be implemented across all booking channels. They specialize in mitigating the risks associated with short-term rental bookings, providing innovative biometric technology, performing comprehensive database checks, and facilitating damage waivers and damage deposits for property managers and hosts. Hosts will know their guest is who they say they are.

What does Truvi offer?

• $5 million in guest-related damage protection for every Truvi-verified booking.
• Ability to choose between damage waivers and deposits
• Intelligent guest screening, preventing parties, criminal damage, fraudulent bookings, and credit card fraud

Where is Truvi available?

Truvi is available around the world with just a few restrictions. For more information, you can check out their Host Guarantee.

When do you get paid?

You can expect direct payment within three to five business days.

Pricing

Truvi’s pricing depends on the services you need and your number of listings. Contact them for more information.

Other short-term rental insurance options

When exploring short-term rental insurance options, hosts may also consider providers like American Modern, Farmers Insurance, and American Family. These companies offer a variety of policies tailored to protect hosts and their properties, providing alternatives to fit different needs and budgets. Always compare coverage details and pricing to ensure the best fit for your specific circumstances.

What about AirCover and Vrbo’s liability insurance?

Airbnb’s AirCover and Vrbo provide a solid baseline of protection for hosts, offering coverage for damages and liabilities associated with short-term rentals. However, relying solely on this platform-specific coverage may not be enough to address all potential risks. Additional insurance policies can provide more complete protection.

What is the best insurance for short-term rentals?

Company	Best For	Key Features
Safely	Hosts who want fast claims, strong guest damage protection, and short stays	Covers deliberate structural damage; up to $10,000 for contents; $1M bodily injury coverage; intelligent guest screening; 98% of claims paid in 4–5 days; customizable pricing based on stay length and occupancy.
Proper Insurance	Full-time short-term rental owners needing comprehensive, high-limit protection	Unlimited guest damage and theft coverage; squatter and bed bug protection; $1M–$3M commercial liability options; amenity coverage (pools, hot tubs); some loss-of-income protection
CBIZ Vacation Rental Insurance	Hosts with high-value properties or amenities who want income protection	$2M general liability aggregate; guest-caused damage protection; loss of rental income coverage; bed bug coverage up to $25,000; squatter legal expense coverage
Obie	Real estate investors and landlords who want quick, simple setup	Real estate investors and landlords who want quick, simple setup
Allstate (HostAdvantage)	Hosts who prefer a well-known insurer and bundled discounts	Tailored landlord policies; up to $10,000 per rental period for guest-damaged personal property; some theft protection; bundle discounts with home/auto; HostAdvantage available only in select states

Choosing the best short-term rental insurance

When it comes to protecting your short-term rental property, having the right insurance in place is essential. While platforms like Airbnb and Vrbo offer basic coverage, these might not fully safeguard you against every possible risk. Evaluating your specific needs and investing in comprehensive short-term rental insurance can provide peace of mind and financial security. By taking the time to research and secure the best coverage, you can focus on creating exceptional experiences for your guests without worrying about unforeseen issues.

Additionally, Safely integrates with Lodgify, meaning if you’re a Lodgify customer, you can seamlessly add the package to your account. You can try our vacation rental software completely free of charge with our seven-day trial.

(function(d,u,ac,a){var s=d.createElement(‘script’);s.type=”text/javascript”;s.src=”https://c7168d.lodgify.com/app/js/api.min.js”;s.async=true;s.dataset.user=u;s.dataset.campaign=ac;s.dataset.api=a;d.getElementsByTagName(‘head’)[0].appendChild(s);})(document,29132,’bk8smu011v3qnzwsfe36′,’a7168b’);

Don’t see the form to download the Vacation Rental House Rules Template? Click here.

Insurance services are provided through Lodgify Insurance Services Inc. (CA License #6014335) (“LIS”) an insurance agency affiliate of Codebay Solutions Ltd. with its principal place of business in 1700 W Irving Park Road Suite 209A, Chicago, IL 60613.  LIS acts in partnership with On Demand Insurance Agency, LLC (dba Safely), an unaffiliated insurance agency which offers insurance business on behalf Obsidian Specialty Insurance Company (NAIC# 16871). LIS is licensed as a property casualty insurance agency in all jurisdictions in which it offers insurance products (see further license information here). Not all insurance coverages or products are available in all jurisdictions. All insurance products are governed by the terms, conditions, limitations, and exclusions in the applicable insurance policy. Coverage is subject to actual policy language. LIS may be paid a commission, fee or other compensation for its services.

The post Best Short-Term Rental Insurance Companies for 2026 appeared first on Vacation Rental Owners & Property Managers Blog – Lodgify.

Source link