This is a 'Catch 22' situation, IF (I repeat IF) Airbnb ever looses a 'Host Guarantee' case (outside of paying here and there to lessen bad publicity) is the day either of three things will happen:
1. The 'Guarantee' is dropped and every host will have to get their own insurance, or risk go without.
2. If continue with it, the host fees will go up dramatically to cover the 'cost' of settlements now shared among all hosts (whether filed claims or not), in essence Airbnb takes the added role of an insurance company, the new 'premium' ALL hosts must pay to be even listed. They won't hit the guests since their 12%-15% guest fee is below their competitors, an edge they will, in all likelihood, not want to relinguish.
3. Airbnb will allow true deposits to be collected by hosts (or administered by them) and then the 'Battle of Deposits' will commence. If handled by the host, then competition among hosts with or without may happen; if handled by Airbnb, we are right back to square one since Airbnb will again be the champion of the guest foremost.
Which door I am most afraid of? Door #2.