Slice offers on-demand insurance for short term rentals

.... unlike the program coverage offered by Airbnb, Slice writes a policy in the name of the insured. “Slice is a contract between the Host and the insurer. It is a legal document with the host and regulated by the state insurance commissioners that provides actual insurance for the host. It binds the insurer to pay for the replacement of damaged property and conforms to all state regulations. It’s also primary coverage, meaning it pays first – no requirement to collect from the Guest or claim against a homeowners policy.” So, it is real insurance.

That means that you, the host who did everything you can to make your guest happy, won’t have to pursue the guest who left a pile of dead possums stuffed in your air ducts for any type of settlement. You won’t have to hope Airbnb (or any other home sharing service) deems your case worthy enough to pay out. Though, I can’t be sure Slice’s policy covers dead critters in the HVAC system.

For $2,000,000 liability protection and full replacement cost of all property, the cost will range from $4 to $7 per night. That’s less than you spent on new hand towels for the guest bathroom with monogrammed pictures of a duck holding a sign that says “welcome to my bathroom.”