What insurance is available to people who rent out places on AirBnB in case a renter steals from them?
According to the terms and conditions of Airbnb’s Host Guarantee, it states: “The Airbnb Host Guarantee Terms are not intended to be a deal to insure, do not constitute insurance or an insurance contract. As a result, this offer is not an insurance policy, and there’s no involvement of an insurance company.
According to their website, it’s just a marketing tool. As Airbnb states on its website, “Airbnb provides the Airbnb Host Guarantee benefits described herein solely to promote the use of the site, application, and services by building customer loyalty and strengthening customer confidence in the site, application, and services.”