I followed the links to both sites mentioned as I was curious about liability coverage. I had been operating under the belief that Airbnb covered hosts for up to 1 million dollars in liability coverage. When visiting the Comet website, their own website mentions the Airbnb coverage:
DOESN’T THE HOMESHARING SITE I USE COVER ME?
Not necessarily and even when they do, often the coverage is not clear. Airbnb is the only company that includes liability insurance for hosts, but their coverage only applies to homesharing done through their site. Homesharing Liability Insurance is the only way to get coverage that follows you, no matter how you short-term rent your home.
I'm definitely interested in being properly covered. Would anyone comment on the need for additional commercial coverage, versus being covered through Airbnb?
Many thanks!
Jude