> I spoke to Airbnb about EJ’s situation. They won’t reimburse her for damages This is bad news. They're going to backtrack on this. The sooner they do it, the better for them politically. I understand the problems of setting a precedent. And there really is no getting around the fact that the hosts do have the final responsibility for screening travelers (and travelers for screening hosts). But rightly or wrongly, t…
I would imagine this would be a situation that homeowners insurance is for. But I bet homeowners insurance won't cover damage caused by running your home as a hotel. If not, then Airbnb should have some sort of insurance for these situations. Can't have all of the upside and none of the downside. Not to mention if this happens a few more times, Airbnb's business model will be legislated away.
I expect that unless you rented out your space a lot in a given policy year, it may render it unprofitable to do so.