Insurance

[Nicolas2436]

Hi all,

I'm about to open my first Airbnb, I'm not sure about what the right insurance is.

Any suggestions?

Thanks,

[Mike-And-Jane0]

@Nicolas2436 The only insurance worth getting is one that specifically allows short term rentals. Any that don't are a false economy as they will just not pay out if you have a problem even if the property is not booked on the day it burns down.

Try JL Morris insurance brokers on google as they claim to be Airbnb experts.

On a different subject how did your Fire Assessment go?

[Nicolas2436]

@Mike-And-Jane0 Thank you for that.

I just installed the smoke/heat alarm system as per the home office guide and will be installing the fire doors next week. I haven't completed the Fire Assessment yet.

[Alex]

Hi @Nicolas2436!

Hope everything is going well. I'm going to tag Mike and Jane to see if they can answer to you faster. Hope this helps! 🙂

Best wishes, 

Alex

[Mike-And-Jane0]

@Nicolas2436 A bit cart before the horse but at least you sound like you will have a compliant listing. My suspicion is many do not and there is sure to be a clamp down soon.

Other basic requirements are fire extinguishers, blankets and emergency lighting but these are all easy as the latter can be plug in rechargeable torches.