@Danea0That one million insurance is hardly enough. I carry two million myself, through my insurance company. My rules are that:
1. The Airbnb business must be approved by the municipality and a certificate must be issued by them.
2. My insurance must cover "tourist homes", and there is an extra premium for this along with the liability insurance premium. Vandalism cannot be insured.
3. The Airbnb business has to be registered with a tourist organization who will inspect the listing at least once every two years.
4. A "tourist tax" must be paid.
5. Income derived from the business must be delared as income for tax purposes.
6. If I am not the owner of the building I must proove that the landlord permits short term accommodation (stays less than 30 days).
In spite of all this, there are many illegal Airbnb businesses in my area. The government is slowly shutting them down. When caught, they can face a huge fine...up to $6,000.