Airbnb Insurance Toronto: Risks Faced By Hosts in 2026

Summary: Toronto does not currently require proof of insurance when a host registers a short-term rental. However, a standard home, tenant, condo, or landlord policy may not cover Airbnb activity. Hosts should disclose the rental use and obtain written confirmation that their coverage applies to paying short-term guests.

Airbnb Insurance in Toronto: Risks Every Host Should Check

Toronto Airbnb hosts should disclose their short-term rental activity to their home or condo insurer before accepting a booking. A residential policy may restrict or exclude losses connected with paying guests. The coverage outcome depends on the policy, property type, rental frequency, booking method, and information given to the insurer.

AirCover for Hosts provides certain protections for eligible Airbnb reservations. It does not convert a residential insurance policy into short-term rental insurance. Airbnb confirms that its Host Damage Protection is not an insurance policy and advises hosts to obtain personal insurance for property damage that its program does not protect.

Toronto adds another important layer. The City requires short-term rental operators to register annually and generally limits short-term rentals to an operator’s principal residence. However, municipal registration does not establish insurance coverage.

A suitable policy or endorsement may address:

Guest-caused property damage
Fire, smoke, and water losses
Theft or vandalism
Guest injuries and third-party liability
Damage to neighbouring condo units
Condominium deductible assessments
Lost booking income after a covered loss
Furniture, appliances, linens, and rental contents
Legal defence costs following a liability claim

Coverage differs between insurers. The policy must reflect how the Toronto property will actually be operated.

Is Airbnb Insurance Required in Toronto?

Toronto short-term rental operators must register with the City and renew their registration each year. The rental must generally take place in the operator’s principal residence. The City also requires operators to follow local rules concerning advertisements, registration numbers, records, guest information, fire safety, and the Municipal Accommodation Tax.

The City does not currently ask an operator to provide proof of short-term rental insurance during registration. This makes insurance a separate responsibility.

Three separate approvals may affect a Toronto host:

Municipal eligibility: The property and operator must satisfy Toronto’s short-term rental rules.
Building permission: A condominium declaration, bylaw, rule, lease, or landlord may restrict short-term rentals.
Insurance approval: The insurer must agree to cover the property’s actual rental use.

Approval in one area does not provide approval in the others. A City registration number does not override a condominium prohibition. Permission from a condo board does not force an insurer to cover short-term guests.

Toronto hosts can confirm current registration and operating rules through the City’s short-term rental operator guidance.

Do Toronto Airbnb Hosts Need Separate Insurance?

Some hosts may qualify for a home-sharing or short-term rental endorsement added to an existing policy. Others may require a dedicated rental or commercial policy. The correct arrangement depends on the insurer and the way the property is used.

An insurer may consider:

Whether the property is your principal residence
Whether you own or rent the home
Whether guests rent a room or the entire dwelling
The number of rental nights per year
The average and maximum length of stay
Whether you accept direct, Airbnb, Vrbo, or Booking.com reservations
Whether the property is a condo, apartment, townhouse, or detached home
The number of permitted guests
The value of furniture and rental contents
Pools, hot tubs, fireplaces, balconies, roof decks, and barbecues
Parking arrangements
Cleaning and property-inspection procedures
The home’s claims history
Whether a co-host or property manager operates the listing

Ask your insurer or broker to confirm the approved use in writing. The description should reflect your actual reservation frequency, listing platforms, occupancy, amenities, and management structure.

Occasional home sharing and frequent rentals present different risks

A Toronto resident who rents a spare room for several weekends may not need the same policy structure as a host who rents their entire principal residence whenever they travel.

Tell the broker if you plan to:

Host throughout the year
Rent several bedrooms separately
Accept medium-term reservations
Use more than one booking platform
Take reservations outside Airbnb
Hire a property management company
Allow pets
Offer a parking space or building amenities
Leave the home vacant between reservations
Store valuable personal belongings on-site

An occasional home-sharing endorsement may contain limits on rental frequency, guest numbers, booking channels, or annual revenue. The policy wording should match the hosting model.

Seven Airbnb Insurance Risks Toronto Hosts Should Plan For

Toronto properties combine hospitality risk with dense urban housing, shared buildings, winter weather, older housing stock, and high repair costs. A problem inside one rental can affect neighbours, common elements, or several condominium units.

1. Guest-caused property damage

Guests can damage floors, walls, furniture, locks, appliances, televisions, and kitchen equipment. The damage may result from an accident, misuse, an unauthorized visitor, or an undisclosed gathering.

Hosts should ask whether their policy covers:

Accidental damage by paying guests
Intentional damage or vandalism
Damage caused by a guest’s visitor
Damage caused by a guest’s pet
Theft by a guest
Damage during an unauthorized party
Replacement cost or depreciated value
Losses below the policy deductible

Property damage coverage is cause-specific. Coverage for a broken table does not establish coverage for pet damage, deliberate vandalism, missing property, or gradual wear.

Document the property before each stay. Dated photographs, cleaning reports, maintenance invoices, and inventory records can help establish its pre-arrival condition.

2. Water damage in condos and multi-unit buildings

Water can move through floors, walls, ceilings, elevator shafts, and common areas. An overflowing bathtub or leaking appliance in one Toronto condo may damage several units below.

The source of water affects coverage. Insurers may treat sudden water escape differently from sewer backup, overland flooding, frozen plumbing, gradual seepage, or poor maintenance.

Toronto hosts should ask about:

Sudden and accidental water escape
Sewer backup
Overland water
Frozen pipes
Gradual leaks
Water damage caused by a guest
Mould resulting from an insured loss
Damage to neighbouring units
Emergency water-removal expenses
Condominium deductible assessments

Routine Airbnb property maintenance can identify leaking supply lines, loose toilet connections, failed caulking, blocked drains, and heating problems before they cause a larger loss.

Maintenance also has an insurance function. A policy may exclude wear, deterioration, or damage that develops over time. Inspection records can show when a fixture or appliance was last checked.

3. Fire, smoke, and cooking losses

A Toronto Airbnb may experience fire or smoke damage from unattended cooking, smoking, candles, damaged appliances, overloaded electrical outlets, fireplaces, or balcony barbecues.

One incident can affect the rental, neighbouring units, common corridors, ventilation systems, and building services.

Confirm whether the policy protects:

The dwelling and owner improvements
Furniture and appliances
Rental contents
Neighbouring property
Common elements
Smoke remediation
Debris removal
Code-required upgrades after an insured loss
Lost rental income during repairs

Hosts should test smoke and carbon monoxide alarms, follow applicable fire-safety requirements, and maintain written inspection records. Guests also need clear instructions for appliances, fireplaces, barbecues, and building evacuation.

4. Guest injuries and liability claims

A guest may claim that an unsafe property condition caused an injury. Toronto hosts should pay particular attention to:

Snow and ice on stairs or walkways
Wet condo lobby or balcony surfaces
Loose handrails
Poor exterior lighting
Uneven flooring
Damaged furniture
Hot water burns
Balcony access
Gym, pool, sauna, and hot-tub use
Food allergies where a host supplies food

Liability insurance may respond when the host is legally responsible for bodily injury or third-party property damage. The policy’s exclusions, conditions, limits, and reporting rules still apply.

Review:

The liability limit
Legal defence coverage
Medical-payment provisions
Coverage for building amenities
Coverage for cleaners and contractors
Liability involving a guest’s visitor
Whether an umbrella policy is available
The process for reporting an incident

Airbnb’s Host Liability Insurance is separate from Host Damage Protection. Its liability program does not insure loss or damage to the host’s own property or accommodation.

5. Theft, vandalism, and unauthorized parties

Toronto hosts may face theft of personal property, missing access fobs, damaged furniture, unauthorized visitors, or gatherings that exceed the booked occupancy.

A residential policy may limit theft committed by someone lawfully admitted to the home. Cash, jewellery, art, collectibles, business equipment, and other high-value items may also have special limits.

Ask whether coverage applies to:

Theft by a registered guest
Theft by an invited visitor
Intentional property damage
Unauthorized gatherings
Missing keys and access fobs
Rekeying and lock replacement
Valuable personal belongings
Electronics provided for guest use

Remove unnecessary valuables from the rental. Keep dated photographs, serial numbers, receipts, and an inventory of the items supplied to guests.

Clear occupancy, visitor, party, smoking, and noise rules can reduce disputes. Full Home’s approach to preventing and handling Airbnb parties also protects neighbour relations and building access.

6. Lost Airbnb income after property damage

Building and contents insurance does not automatically replace cancelled booking income.

Rental-income, fair-rental-value, or business-interruption coverage may compensate the host when an insured loss makes the property unavailable. Each policy calculates the loss differently.

Ask:

Which insured events activate the coverage
Whether there is a waiting period
How long payments can continue
Whether future confirmed bookings are considered
Whether seasonal pricing is reflected
Whether platform and direct reservations qualify
Which continuing expenses remain covered
What evidence the insurer requires

Toronto booking revenue may change around summer travel, holidays, conventions, concerts, university events, and the 2026 FIFA World Cup. A flat monthly estimate may not reflect the income attached to specific cancelled reservations.

Keep platform statements, payout records, confirmed reservations, tax filings, invoices, and cancellation evidence. These records help support the amount claimed.

7. Condominium insurance gaps

A Toronto condo host may be affected by:

The owner’s unit policy
The condominium corporation’s master policy
The declaration, bylaws, and rules
The corporation’s insurance deductible
Toronto’s short-term rental regulations
Platform requirements

A water, fire, or liability incident may involve the rental unit, another owner’s unit, and common elements. The corporation may also charge costs or an insurance deductible back to the unit owner where its governing documents permit.

Condo owners should confirm:

Whether short-term rentals are permitted
Whether the unit insurer knows about Airbnb use
Coverage for improvements and betterments
Contents and furniture limits
Personal liability coverage
Loss-assessment coverage
Deductible chargeback protection
Coverage involving common amenities
Guest registration and access procedures
Whether key and fob replacement is covered

Insurance approval does not override a condo restriction. Condo permission does not establish insurance coverage. Hosts must examine both issues before listing. Full Home’s Toronto condo Airbnb rules guide explains the building and municipal checks in more detail.

Where Toronto Airbnb Hosts Commonly Develop Coverage Gaps

Most insurance gaps begin before a claim. The policy describes one use while the owner operates the home in another way.

Common examples include:

The insurer was never told about paying guests.
The policy permits occasional home sharing, but the host rents frequently.
The endorsement covers Airbnb bookings but excludes direct reservations.
The host assumes damage protection also covers legal liability.
The declared maximum occupancy is lower than the listing permits.
A pool, hot tub, fireplace, roof deck, or barbecue was not disclosed.
The host carries building coverage but insufficient furniture and contents coverage.
The condo corporation’s deductible exceeds the owner’s loss-assessment limit.
The policy excludes vacancy, wear, deterioration, or gradual leakage.
The rental-income limit is lower than the property’s documented earnings.
The policyholder differs from the person or corporation operating the rental.
A tenant lists the unit without the landlord’s knowledge or approval.
The host begins accepting bookings on another platform without notifying the insurer.

Describe the complete operation to a licensed insurance professional. Include the property type, rental frequency, maximum occupancy, booking platforms, amenities, periods of vacancy, direct bookings, guest rules, and property-management arrangement.

The policy does not need to carry the word “Airbnb” in its title. It does need to cover the actual short-term rental activity taking place at the Toronto address.

Sources

What AirCover Does and Does Not Replace

AirCover for Hosts is automatically included with eligible stays booked through Airbnb. It currently includes Host Damage Protection and Host Liability Insurance, but those two components perform different jobs.

Host Damage Protection may reimburse eligible guest-caused losses to the host’s property. Airbnb expressly states that this protection is not an insurance policy.

Host Liability Insurance may respond when a host is legally responsible for a guest’s bodily injury or damage to someone else’s property during an eligible Airbnb stay. It does not cover damage to the host’s accommodation or belongings.

A Toronto host should treat AirCover as one part of the protection plan rather than the property’s only coverage.

AirCover may not solve every insurance issue because:

Host Damage Protection is a contractual protection program, not property insurance.
Its terms contain exclusions, conditions, evidence requirements, and filing deadlines.
Protection is tied to eligible Airbnb reservations.
Direct, Vrbo, Booking.com, or private reservations may fall outside the Airbnb program.
Ordinary wear, maintenance failures, and gradual damage may not qualify.
The damage program and liability insurance cover different losses.
The property’s mortgage, lease, or condo corporation may require separate insurance.
Airbnb protection does not amend the host’s home or condo policy.
A loss may involve deductibles, limits, exclusions, or costs outside the program.

Questions to Ask an Insurance Broker Before Listing

Avoid asking only, “Does my home insurance cover Airbnb?” That question provides too little information for a reliable answer.

Describe the entire rental operation and ask the broker to confirm the answers in writing.

Questions about the approved rental use

Ask:

Does this policy expressly permit short-term paying guests?
Is Airbnb activity covered through the main policy or an endorsement?
How many rental nights per year are permitted?
Can I rent the entire principal residence?
Can I rent individual rooms to separate guests?
Are medium-term reservations treated differently?
Are direct and non-Airbnb bookings covered?
Must I notify the insurer if my booking frequency changes?

Questions about property and liability protection

Ask whether the policy covers:

Accidental damage by guests
Intentional damage or vandalism
Theft by guests or their visitors
Water damage that spreads into another unit
Fire and smoke damage
Furniture, appliances, linens, and electronics
Guest injury claims
Legal defence costs
Lost rental income
Emergency accommodation or relocation expenses
Lock, key, and access-fob replacement
Condominium loss assessments
The corporation’s deductible charged to the unit owner

Questions about exclusions

Ask for the policy’s position on:

Wear and deterioration
Gradual water leakage
Mould
Bed bugs and other pests
Pet damage
Unauthorized parties
Illegal activity
Vacancy
Business equipment
Pools and hot tubs
Balconies and roof decks
Barbecues and fireplaces
Damage caused by cleaners or contractors

An exclusion does not always mean that no product can cover the risk. It means the host needs to identify that gap before deciding whether to accept it, reduce it, or seek different coverage.

Actions That Can Create Problems During an Insurance Claim

A valid policy still requires the host to follow its conditions. Poor disclosure, weak evidence, delayed reporting, or unauthorized property use can make a claim more difficult.

Failing to disclose short-term rental activity

Insurance pricing and coverage depend on how a property is occupied. Paying guests change the risk presented to the insurer.

Tell the insurer about:

Rental frequency
Maximum guest capacity
Booking platforms
Direct reservations
Amenities
Property management
Vacant periods
Personal use
Condo or landlord restrictions

Update the insurer when the operation changes.

Describing the property inaccurately

The listing, municipal registration, insurance application, and actual property use should be consistent.

Problems can arise when:

The policy describes an owner-occupied home that is rarely occupied by the owner.
The listing permits more guests than the insurer approved.
A host offers amenities that were never disclosed.
The named insured does not match the owner or rental operator.
The host accepts reservations through channels excluded by the policy.

Delaying notice of a loss

Notify the appropriate insurer promptly after an incident. Do not wait for the outcome of an Airbnb reimbursement request unless the insurer tells you to do so.

The policy may require the insured to:

Report the incident within a stated period
Protect the property from further damage
Preserve damaged items
Cooperate with an investigation
Provide records and receipts
Avoid admitting liability or settling independently

Follow the insurer’s instructions before discarding damaged property or beginning non-emergency repairs.

Missing Airbnb’s damage-reporting deadline

Airbnb currently instructs hosts to document eligible property damage and submit a reimbursement request through the Resolution Centre within 14 days of the responsible guest’s checkout.

Useful evidence may include:

Before-and-after photographs
Videos
Cleaning reports
Guest messages
Repair estimates
Purchase receipts
Replacement invoices
Inventory records
Noise-monitor records where lawfully used
Access records
Contractor findings

Hosts dealing with a declined request can follow a structured Airbnb damage-claim appeal process. An Airbnb submission does not replace notice to a property insurer where the policy requires it.

Ignoring maintenance

Insurance generally responds to covered events. It is not a maintenance plan.

A claim may become harder to establish when damage develops from:

A long-term leak
Deteriorated caulking
A known electrical defect
Poor roof maintenance
Frozen pipes in an inadequately heated home
A broken railing that was never repaired
Repeated drain backups
Missing or non-working alarms

Hosts should record inspections, reported defects, service appointments, and completed repairs.

Toronto Airbnb Insurance Checklist Before the First Booking

Use this checklist before activating a listing or accepting a reservation.

Property and operating approval

Confirm that the home is eligible under Toronto’s short-term rental rules.
Register the short-term rental with the City.
Confirm that the rental is the operator’s principal residence.
Check the lease if the host is a tenant.
Review the condominium declaration, bylaws, and rules.
Confirm that the mortgage agreement does not restrict the intended use.

Insurance confirmation

Disclose the short-term rental operation to the insurer.
Explain how often the property will be rented.
Identify every booking platform.
Disclose direct reservations.
Confirm whether entire-home and room rentals are covered.
Confirm the permitted maximum occupancy.
Obtain written confirmation of approved short-term rental use.
Review property, contents, liability, and rental-income limits.
Review the deductible.
Review water, sewer backup, theft, and vandalism coverage.
Check condominium loss-assessment and deductible protection.
Record the broker’s contact details and claim-reporting procedure.

Property documentation

Photograph every room before hosting begins.
Record furniture, appliances, electronics, and serial numbers.
Keep purchase receipts and replacement values.
Document owner improvements in a condo.
Retain inspection and repair invoices.
Update the inventory when an item is replaced.

Guest safety

Test smoke alarms.
Test carbon monoxide alarms where required.
Check stairs, handrails, flooring, and exterior lighting.
Address snow and ice removal.
Inspect locks, windows, and balcony doors.
Provide emergency and exit information.
Give clear appliance and fireplace instructions.
Post occupancy, visitor, smoking, and party rules.
Provide accurate parking instructions.

Toronto Fire Services provides current information about smoke alarms and carbon monoxide alarms.

Booking and incident records

Save the reservation details.
Keep all important guest communication on the booking platform.
Record pre-arrival and post-checkout inspections.
Keep cleaning reports.
Document maintenance requests and repairs.
Store payout and cancellation records.
Record incidents immediately.
Preserve photographs, messages, estimates, and invoices after a loss.

How Professional Management Can Reduce Insurable Risk

A property manager cannot choose an insurance policy for the owner or guarantee that an insurer will approve a claim. A strong operating system can still reduce preventable incidents and preserve better records when something goes wrong.

Full Home helps Toronto property owners coordinate:

Guest communication
Occupancy and house-rule enforcement
Check-in and checkout instructions
Cleaning between reservations
Property inspections
Maintenance reporting
Repair coordination
Booking records
Guest-issue documentation
Damage evidence
Neighbour and building communication
Emergency response

These tasks connect directly with risk. A cleaner may spot a loose tap before it causes water damage. A checkout inspection may identify guest damage while the evidence and reporting window remain available. Clear access and parking instructions can reduce building complaints.

Our Toronto Airbnb property management service gives owners a more consistent operating process across reservations.

Protect Your Toronto Airbnb Before the Next Guest Arrives

If managing insurance policies feels overwhelming, Full Home Hosting Services can help. Our team specializes in Short Term Rentals and Airbnb property management in Toronto Ontario, ensuring your property is not only well-maintained but also adequately insured. Contact us today to learn how we can assist you in maximizing your rental income while minimizing risks.

Areas We Serve

Contact Full Home to discuss professional Airbnb and short-term rental management in Toronto.

Frequently Asked Questions About Airbnb Insurance in Toronto

Does Toronto require Airbnb hosts to have insurance?

The City requires short-term rental operators to register and renew their registration annually. Toronto does not currently require operators to submit proof of property insurance or commercial general liability insurance as part of registration.

This does not mean a host’s existing policy covers Airbnb activity. Insurance remains a separate contractual issue between the host and insurer. A mortgage lender, landlord, or condominium corporation may also impose its own requirements.

Does regular home insurance cover Airbnb in Toronto?

A standard home policy may limit or exclude short-term rental activity. Some insurers offer home-sharing endorsements, while other properties need dedicated short-term rental or commercial coverage.

The result depends on the policy and rental model. Hosts should disclose the activity and obtain written confirmation rather than assuming occasional bookings are covered.

Is AirCover enough for a Toronto Airbnb?

AirCover provides useful protection for eligible Airbnb stays, but it does not replace the host’s property insurance.

Host Damage Protection is not an insurance policy. Airbnb’s Host Liability Insurance and Host Damage Protection also serve different purposes. Coverage tied to Airbnb may not apply to direct or other-platform reservations.

A Toronto host should compare AirCover’s terms with the property policy, condo obligations, mortgage requirements, rental-income exposure, and actual booking channels.

What insurance does a Toronto condo Airbnb host need?

The unit owner may need protection for personal liability, contents, owner improvements, guest-caused damage, lost rental income, loss assessments, and the condominium corporation’s deductible.

The exact policy depends on the building and insurer. The owner should also confirm that short-term rentals are permitted under the condominium declaration, bylaws, and rules. Insurance does not override a building prohibition.

What should I do if an Airbnb guest damages my Toronto property?

Protect people first and take reasonable steps to prevent further damage. Photograph the affected area, preserve damaged items, save guest messages, and obtain repair estimates or invoices.

Notify your insurer promptly if the loss may fall under the property policy. For eligible Airbnb damage requests, Airbnb currently requires the host to submit a Resolution Centre request within 14 days of the responsible guest’s checkout. Follow both reporting processes where applicable.

Types of Airbnb Insurance Policies Available

Navigating the world of Airbnb insurance can be confusing, but understanding the different types of policies available is essential.

Homeowners Insurance vs. Airbnb Insurance Your standard homeowners insurance policy may not cover short-term rentals. In fact, some policies may even exclude coverage if you’re hosting on Airbnb. Airbnb insurance is specifically designed to cover the unique risks associated with short-term rentals.
Landlord Insurance for Airbnb Hosts Landlord insurance provides coverage for rental properties, but it may not be sufficient for Airbnb hosts. Landlord insurance typically covers long-term rentals and may not cover short-term rentals or liability claims arising from guest injuries.
Umbrella Policies: Extra Layer of Protection An umbrella policy provides an extra layer of liability coverage, protecting you from lawsuits that exceed the limits of your other insurance policies. This can be a valuable addition for Airbnb hosts, especially those with high-value properties or who host frequently.

Airbnb Insurance: A Smart Investment for Hosts

While Airbnb insurance involves an additional expense, it’s a smart investment that can save you money in the long run.

Cost-Benefit Analysis of Airbnb Insurance Consider the potential costs of not having insurance versus the cost of a policy. A single liability claim or significant property damage could easily wipe out your Airbnb profits for the year, or even put you in debt. Airbnb insurance provides a safety net, protecting you from these financial risks.
Factors Affecting Insurance Premiums Several factors can affect your Airbnb insurance premiums, including the location of your property, the type of coverage you need, and your claims history. Properties in high-risk areas, such as those prone to natural disasters, will typically have higher premiums.
Finding Affordable Coverage Shop around and compare quotes from different insurance providers to find the most affordable coverage. Consider increasing your deductible to lower your premiums, but make sure you can comfortably afford to pay the deductible if you need to file a claim.

How to Choose the Right Airbnb Insurance Policy

Choosing the right Airbnb insurance policy requires careful consideration of your individual needs and circumstances.

Assessing Your Coverage Needs Evaluate the risks associated with your Airbnb property and determine the level of coverage you need. Consider factors such as the value of your property, the number of guests you host, and the potential for liability claims.
Comparing Quotes from Different Providers Get quotes from multiple insurance providers and compare their coverage options, premiums, and deductibles. Don’t just focus on the price; make sure the policy provides adequate coverage for your needs.
Reading the Fine Print: What to Look For Before you purchase a policy, read the fine print carefully to understand the terms and conditions. Pay attention to exclusions, limitations, and claim procedures. If you have any questions, don’t hesitate to ask the insurance provider for clarification.

Top Airbnb Insurance Providers in Ontario

1. Zensurance

Zensurance offers tailored Airbnb rental insurance policies that include:

Commercial General Liability (CGL) Insurance
Commercial Property Insurance
Rental Income Protection
Loss Assessment Coverage
Contingent Unit Coverage
Cyber Liability Insurance ThinkInsure

Their platform connects you with over 50 leading Canadian insurance providers, ensuring competitive rates and comprehensive coverage options. Zensurance

2. Aviva Canada

Aviva’s Home-Sharing Insurance is designed for homeowners who rent out their properties on platforms like Airbnb. Coverage includes:

Loss or damage to buildings and personal property
Intentional acts or criminal acts by guests
Loss or damage to a guest’s property (up to $1,500)
Loss of rental income due to covered perilsRates.ca

This policy can be added to your existing home insurance, providing seamless integration and protection. McDougall Insurance

3. Square One Insurance

Square One offers Airbnb-specific home insurance starting at approximately $40 per month. Key features include:

Coverage for primary residences occasionally rented out
Protection against common perils like water damage and theft
Guaranteed building replacement coverage
Personalized coverage options for specialty property

Their digital platform allows for quick quotes and easy policy management.

4. Wawanesa Insurance

Wawanesa provides a Short-Term Rental endorsement that can be added to your existing policy. Coverage includes:

Theft and attempted theft by tenants and their guests
Damage caused by tenant vandalism
Theft of, or damage to, tenant’s property (up to $1,500)
Fair rental value coverage

5. DUUO Insurance

DUUO specializes in short-term rental insurance across Canada, offering customizable policies that cater to the needs of Airbnb hosts. They are known for their ease of use and ability to provide coverage on a per-stay basis, making them a flexible option for hosts with varying rental schedules. community.withairbnb.com