Where can I get liability insurance to cover AirBNB?

Try this:

http://cbizspecialtyinsurance.com/vacation-rental/

"Provided in partnership with CBIZ Insurance Services, Inc. (NYSE: CBZ), HomeAway Assure enables any U.S. vacation home owner, not just HomeAway® customers, to insure their property with a policy designed to cover the risks specific to vacation rentals not included in many second home insurance policies:"

Also look into: http://www.propelinsurance.com/insurance/rentalpro... Their HQ is in Tacoma, WA . Here's more info on them via a blog entry: http://www.propelinsurance.com/blog/propel/

You need a commercial property policy as well as a commercial general liability policy as a rooming house. Really not very hard to do, just expect to pay at least 3 times what you currently pay for homeowners insurance.

Your friend in Ohio is a fool, sorry, but its the truth.

When something goes wrong

The host — Although the host probably bears the greatest responsibility, she or he may have very few assets with which to pay a judgment for injury damages.

The host’s homeowners’ insurance policy — Many insurance policies have clauses restricting commercial use and so would consider your injuries as falling outside the policy terms.

Airbnb — Airbnb’s terms and conditions include language that relieves the company of liability.

The landlord — The landlord may claim that the tenant violated terms of the lease barring commercial use and effectively deflect blame back on the host.

Source: http://goo.gl/8LYgHq

Sure, any tenant can always sue the property owner. Happens regularly.

You need a commercial property policy, and a general liability policy. Your friend is confused - personal umbrella insurance doesn't cover ANYTHING related to business - business, is when you get paid for it. Your agent is clearly on the ball here . . . your friend's agent is a nitwit who shouldn't have a license. Or, your friend is doing "do it yourself" insurance, and will end up screwing herself over, when she gets sued and the insurance company declines to pay for her attorney.

So my homeowner's insurance policy was just cancelled....can they do that ??? They cancelled it because I called them and told them I was going to do an AirBnB...even though when I talked to them on the phone, it was made clear to me how claims on a regular homeowner's policy and a commercial liability policy were different. The biggest irony is that I have 3 policies for 2 homes and an auto with them...and in 20 years I have NEVER MADE A SINGLE CLAIM. Is this legal for them to cancel on me?

There are only a few firms that currently write a "short term rental policy" on a business form that replaces an existing homeowner's policy. Proper Insurance Services Inc has the best one I have found for my properties. They sum it up beautifully in the FAQ's. https://www.properinsurance.co/faq-s.html

You'll need a commercial policy simply because you're going to engage in commercial activity. Business activity will never be covered under a homeowner's policy or personal umbrella policy.

Get insurance quotes

Try https://tr.im/NFIYC

it depends...