Best Business Insurance for Airbnb Hosts in 2025 (Top 10 Companies Ranked)

The top picks for the best business insurance for Airbnb hosts are State Farm, Chubb, and Allstate, with rates starting at just $120 per month.

Our Top 10 Company Picks: Best Business Insurance for Airbnb Hosts

State Farm stands out as the top overall Airbnb insurance provider, offering a strong balance of affordability, comprehensive coverage, and host-specific endorsements.

Chubb excels in protecting high-value properties, while Allstate offers flexible, customizable policies for a range of hosting needs.

This guide helps hosts compare the best Airbnb insurance carriers for coverage that protects property and income. Use our free quote comparison tool to find the best business insurance for your budget and needs.

#1 – State Farm: Top Overall Pick

Pros

• Affordable Rates for Hosts: With starting prices of just $120 per month, State Farm has competitive rates, especially appropriate for Airbnb hosts with multiple stays per month.
• Host-Friendly Policy Endorsements: Provides short-term rental endorsements designed to cover risks unique to Airbnb hosting, including guest-caused damage.
• Strong Financial Stability: Rated A++ by A.M. Best, the State Farm homeowners insurance review shows strong financial stability, giving Airbnb hosts confidence in claims and reliability.

Cons

• Limited in Certain States: Short-term rental coverage may not be available in all states, limiting options for some Airbnb hosts.
• No Fully Online Policy Setup: Airbnb hosts must contact an agent for quotes on State Farm Airbnb insurance, which may not be suitable for digital-first users.

#2 – Chubb: Best for High-Value Properties

Pros

• Superior Coverage for Luxury Homes: Ideal for Airbnb hosts with high-end or architecturally unique properties.
• Customizable Endorsements: Offers specialized options, such as valuables protection and equipment breakdown coverage, for rental-ready homes.
• Worldwide Liability Protection: Airbnb hosts benefit from global liability coverage, as noted in our Chubb insurance review.

Cons

• Higher Premiums: Chubb’s top-tier protection often comes with a higher price tag, starting above budget rates.
• Strict Underwriting Guidelines: It may be harder to qualify for if your Airbnb property isn’t well-maintained or fully insured.

#3 – Allstate: Best for Customizable Policies

Pros

• Flexible Coverage Options: Allstate allows Airbnb hosts to tailor policies to match property type, location, and guest frequency.
• Add-On Endorsements Available: Hosts can enhance coverage with home-sharing add-ons, per our Allstate insurance review.
• Bundling Discounts: Airbnb hosts can save when combining auto, homeowners, or business policies with short-term rental insurance.

Cons

• Limited Availability of Endorsements: Some Airbnb-specific add-ons may not be available in all states.
• Complex Quote Process for Rentals: Obtaining a quote for short-term rental coverage can involve multiple steps or require speaking with an agent.

#4 – Progressive: Best for Online Convenience

Pros

• Easy Online Quotes: Airbnb hosts can get fast, customized insurance quotes without needing to speak to an agent.
• Digital Policy Management: Hosts can manage policies, file claims, and update details through a user-friendly dashboard.
• Mobile App Access: Airbnb hosts can manage coverage on the go with the app. See our Progressive insurance review & ratings for details.

Cons

• Fewer Custom Options: It lacks the deep customization that some other Airbnb-focused insurers offer.
• Not Specialized in Short-Term Rentals: Coverage isn’t always tailored specifically to Airbnb hosting risks.

#5 – Farmers Insurance: Best for Airbnb Coverage

Pros

• Tailored Short-Term Rental Endorsements: Farmers has specialized home-sharing endorsements for Airbnb hosts that want more coverage than homeowners’ insurance.
• Flexible Policy Options: Airbnb hosts can choose from multiple coverage levels, allowing customization based on property type and hosting frequency.
• Loss of Income Protection: Covers lost income if a covered event makes your Airbnb uninhabitable, as noted in our Farmers insurance review.

Cons

• Limited Availability by State: Airbnb-specific coverage options aren’t offered in all states, limiting access for some hosts.
• Endorsement Required for Full Coverage: Airbnb hosts must add a specific endorsement. Standard homeowners policies alone won’t cover short-term rentals.

#6 – Nationwide: Best for Brand Reputation

Pros

• Trusted National Brand: Well-established name offers peace of mind for Airbnb hosts seeking dependable service, as highlighted in our Nationwide insurance review.
• Flexible Policy Options: Offers customizable coverage suited to varying hosting frequencies and property types.
• Experienced Customer Support: Nationwide agents are knowledgeable in handling short-term rental coverage needs.

Cons

• Higher Premiums in Some Areas: Monthly rates for Airbnb hosts can be less competitive in certain high-risk zones.
• Not Available in All States: Airbnb hosts in some locations may have limited or no access to Nationwide rental coverage.

#7 – Liberty Mutual: Best for Strong Financials

Pros

• High Financial Strength Rating: A.M. Best rating of A ensures stability and reliable claims for Airbnb hosts.
• Bundle Discounts Available: Hosts can save by bundling policies, as noted in our Liberty Mutual insurance review.
• Well-Established Reputation: Over 100 years in the industry gives Airbnb hosts peace of mind when insuring assets.

Cons

• Policy Complexity: Navigating commercial vs. personal property coverage can be tricky, but Airbnb commercial insurance helps ensure hosts get the right protection for their rental.
• Premiums May Be Higher: Strong financial backing can come with above-average monthly rates for hosts.

#8 – Travelers: Best for In-Depth Policies

Pros

• Extensive Policy Customization: Travelers offers flexible add-ons that Airbnb hosts can tailor to unique property risks.
• Strong Liability Protection: Great for Airbnb hosts concerned about guest injuries, as noted in our Travelers insurance review for strong liability protection.
• Multi-Policy Discounts: Bundling home, auto, or umbrella policies can reduce overall costs for hosts.

Cons

• Slower Quote Process: Detailed underwriting can delay quote generation compared to quick-quote insurers.
• Strict Eligibility Requirements: Some Airbnb properties may not qualify based on use, location, or claims history.

#9 – The Hartford: Best for Industry Experience

Pros

• Extensive Insurance History: With over 200 years of insurance expertise, they offer Airbnb hosts confidence and reliability.
• Specialized Business Coverage: Offers robust commercial policies ideal for full-time or multi-property Airbnb hosts.
• Strong Claims Support: An experienced claims team helps hosts resolve issues quickly, as noted in The Hartford insurance review.

Cons

• Not Always the Cheapest: Premiums may be higher than those of newer insurers, especially for single-property Airbnb hosts.
• Limited Online Quote Tools: Airbnb hosts may need to speak with an agent to get detailed short-term rental quotes.

#10 – USAA: Best for Customer Loyalty

Pros

• Exclusive Membership Benefits: Airbnb hosts with military affiliation gain access to exclusive policy perks and member discounts, as highlighted in the USAA insurance review.
• Comprehensive Property Coverage: Offers solid protection for home and contents, ideal for hosts renting out personal or vacation homes.
• Exceptional Customer Service: USAA is known for its high customer satisfaction ratings and provides responsive support as needed for short-term rentals.

Cons

• Military-Only Eligibility: Only available to active, retired, or honorably separated military and their families, limiting access for civilian Airbnb hosts.
• Fewer Local Agents: USAA operates mostly online, which may be inconvenient for Airbnb hosts who prefer in-person guidance.

Business Insurance Coverage and Monthly Rates for Airbnb Hosts

Airbnb hosts need specialized coverage to protect their rentals, income, and guests. Below are key coverages to look for, plus a rate comparison from top providers.

Monthly Rates for Airbnb Hosts by Coverage Level

This table breaks down the monthly business insurance rates for Airbnb hosts based on coverage levels and providers.

It helps you compare top Airbnb insurance carriers like State Farm, USAA, and Progressive, so you can find the right balance of cost and protection for your short-term rental property.

• Property Damage Coverage: Protects the physical structure and personal belongings inside the rental from risks like fire, theft, or vandalism caused by guests or natural disasters.
• Liability Insurance: Covers legal and medical expenses if a guest is injured on your property or if you’re found responsible for third-party property damage.
• Loss of Income Coverage: Reimburses lost rental income if your Airbnb property becomes uninhabitable due to a covered event like a fire or severe water damage.
• Guest Medical Protection: Pays for minor medical expenses if a guest gets injured during their stay, regardless of who’s at fault, helping avoid legal disputes.
• Host Protection Endorsements: Adds specific protections for short-term rental activities, such as damage caused by guests or coverage during periods of high occupancy.

Whether you’re looking for minimum protection or full coverage, this comparison highlights the most competitive options available to short-term rental owners, including providers that also offer the cheapest renters insurance for added savings.

Use it to find the right balance of affordability, liability protection, and property coverage tailored to your hosting needs.

Business Insurance Discounts for Airbnb Hosts

Airbnb hosts face unique liability risks that make strong insurance coverage a must. In addition to essential protection, understanding how an insurance company determines the premium is key to budgeting effectively. Many top providers also offer valuable business insurance discounts that can help lower your monthly premiums.

Business Insurance Discounts by Provider

Compare business insurance discounts for Airbnb hosts by provider. See how top Airbnb insurance companies like State Farm, USAA, and Allstate offer savings for bundling, security systems, claim-free history, and more.

Strong liability coverage offers peace of mind, and discounts help lower costs. Use the chart above to compare policies and get coverage beyond Airbnb insurance cancellation and coverage limits.

3 Case Studies: The Value of Business Insurance Coverage

Things can go wrong when you are hosting on Airbnb, whether it is an accident, damage, or even theft. These real-life stories show how the right business insurance helped hosts handle unexpected problems without paying huge costs themselves.

• Case Study #1 – Fire Damage at a Downtown Loft: A guest-caused kitchen fire resulted in major damage, but coverage like Airbnb host insurance in Massachusetts paid $28,000 in repairs and two months of lost income.
• Case Study #2 – Guest Injury and Liability Claim: A guest slipped on wet stairs and broke their arm. With $1M in Airbnb host insurance in North Carolina, the host avoided over $45,000 in medical and legal costs.
• Case Study #3 – Theft During a Holiday Booking: Guests stole electronics and wrecked furniture during a New Year’s Eve stay in a San Diego condo. The host’s short-term rental policy paid $6,500 to cover property losses, highlighting the importance of content coverage.

These examples show how the right insurance can protect Airbnb hosts from major financial setbacks, unexpected repairs, and legal issues.

By having proper coverage in place, you can avoid out-of-pocket costs, stay prepared for the unexpected, and keep your rental business running without interruptions while giving your guests a safe and enjoyable experience.

Affordable Business Insurance for Airbnb Hosts

The best business insurance for Airbnb hosts combines strong coverage with competitive pricing to protect against guest injuries, property damage, and income loss. Top companies like State Farm, Chubb, and Allstate, recognized among the best insurance companies, offer short-term rental policies specifically designed for hosts, with monthly rates starting at $120.

These providers are among the best for rental property insurance, offering customizable options, host-specific endorsements, and dependable claims support. They are a trusted pick for protecting your rental business.

Enter your ZIP code into our quote comparison tool to get less expensive insurance coverage for your own business.