Security or damage deposit
- Guests pay directly to Airbnb at the time of booking your property. The fee provides you with up to $1 million USD to protect against personal injury or property damage claims while guests are visiting your home.
- Damage protection coverage helps our owners avoid one of the common headaches of vacation rental: disputes with guests over what portion of the deposit to refund in the case of small accidental damages. The Host Protection Insurance program ensures that you can easily get broken or damaged items replaced without a dispute with your guests.
Per the terms of our Rental Agreement,
- guests are responsible for any damage not covered by, or exceeding the coverage of the Property Protection Plus insurance program. If such damages occur, Mondosol (on your behalf) or You have the ability to charge directly the guest.
Host Protection Insurance also provides you with
- liability coverage while your property is being used as a short-term rental. Most homeowners and landlord policies do not cover your liability for this specific use, which can leave you vulnerable. Airbnb keeps you protected with up to $1 million in liability coverage on every reservation.