Las Vegas, NV, is one of the top tourist destinations in the U.S., known for its vibrant casinos, entertainment, and a steady stream of visitors. For many homeowners, this presents an opportunity to earn extra income by listing their home on a short-term rental platform. However, opening your home to strangers involves more than just handing over the keys. Without the right insurance coverage, you could be putting your home at serious financial risk.
Why Short-Term Rentals Change Your Insurance Needs
Here’s the reality: Standard homeowners insurance typically does not cover damage caused by short-term rental guests. These policies are designed for personal living spaces, not business activities. As a result, damage or liability caused by rental guests is often excluded from coverage.
Another common misconception is that the short-term rental platform’s insurance will cover everything. While platforms like Airbnb do offer some insurance, their coverage often has significant limitations and exclusions. Relying solely on platform insurance could leave you vulnerable to unexpected costs.
Why "Platform Insurance" May Not Be Enough
Platforms like Airbnb often present their insurance as comprehensive, but the truth is far more complicated. A long list of exclusions typically limits coverage. For example, if a guest’s friend gets injured on your property, you might be responsible for the costs. Counting on platform insurance alone is a risky gamble—and even though you may live in Las Vegas, NV, gambling with your financial stability is never a good idea.
The Risks of Hosting Short-Term Rentals
Short-term rentals fundamentally change the nature of your home. It’s no longer just a personal space; it becomes a business asset with strangers coming and going. This increases wear and tear, liability risks, and other uncertainties. At Amerisent Insurance, we’ve seen how one overlooked gap in coverage can turn a profitable rental into a financial nightmare.
Protecting Your Home and Reducing Risks
The good news is that finding the right insurance coverage for your short-term rental doesn’t have to be complicated. Our experts will work with you to design a policy that protects your home and minimizes risks so that you can host with confidence.
Get the Coverage You Need
If you’re listing a short-term rental in Las Vegas, NV, don’t gamble with incomplete coverage. Contact Amerisent Insurance to discuss the protection that fits your needs. No runaround, no unnecessary upsells, just clear, reliable coverage to help you host with peace of mind.
