A $50,000 guarantee seems a bit low. Condos in OK neighborhoods here in Chicago start at around 200K so theoretically a lot more than 50K in damage could be done.
$50,000 is on the low side for a freestanding house (house fires are in the high tens of thousands of dollars), but seems totally reasonable for an apartment. You wonder how much of the concern about the specifics of this announcement really reflect the typical HNer's lack of comfort with the Airbnb model, period. Remember, lots of people on HN would never be comfortable renting their place out period . And that's fi…
Also, I'm not sure what the terms are of my homeowners insurance but I would make sure that something would be covered in a situation like this before I rented my place.