@Michael-and-Francesca0....Hi Michael, I tried to send you a message regarding your insurance quiery but unfortunately a message option is not available on your profile so, I will make this response public.
Unfortunately the host protection program is really nothing more than a cleverly crafted marketing tool……It's term and conditions are so restrictive that the situation you would be likely to come across would not see you covered. You should consider that in actuality it does not exist and you should not depend on it in any way.
Now the bind you are in is that very few (if any) insurance companies in America want to be involved with hosting platforms! In fact many general companies are cancelling household insurance policies if they find out short term rental is taking place in their insured space. Fortunately for us, we are much better catered for in Australia with 5 major companies issuing policies that are designed for and are compatible with hosting platforms.
Not being in North America I have limited access to what is currently on offer, and the only company that I have some across who entertain any form of hosting insurance is a company called CBiZ, but I understand they only offer cover for non owner occupied rentals, much like Terri Sheer in Australia. There is another brokerage firm called PEERS who do appear on the internet but, from other posts seemed to have ceased business....or at least are extremely difficult to actually contact. I also believe there is a company called Proper Insurance which an affiliation with Lloyds of London.
I am sorry Michael I can't offer product disclosure statements from these companies and this information is nebulous in the extreme but not being involved with the North American scene it is the best I can do
I am attempting to provide a list of insurers who will offer a hosting package around the world and I would be appreciative of any information hosts from countries other than Australia can provide. Cheers.....Rob
