Airbnb Insurance for Ontario Property Owners.
Your property earns income. Make sure your insurance understands how it's being used.
From downtown condos to Muskoka cottages, Verdant Insurance helps Ontario Airbnb and vacation rental hosts compare insurance options designed for short-term rental operations.
Hosting guests changes your insurance needs.
Whether you rent your entire property, operate a dedicated Airbnb investment property, or occasionally host paying guests, your insurance needs to reflect that activity.
Does regular home insurance cover Airbnb?
Not necessarily. Standard homeowners, condo and landlord policies may exclude or restrict short-term rental activity. Failure to disclose paid guest stays can also create serious coverage issues. Before hosting, confirm that your insurer has accepted the rental arrangement and that the appropriate coverage is in place.
Insurance options for different types of rental properties.
Every short-term rental operates differently. The property, occupancy, rental frequency and location all matter.
Cottages & Vacation Homes
Coverage options for eligible lakeside properties, vacation homes and seasonal short-term rentals.
Condos & Apartments
Insurance considerations for eligible condo units and furnished apartments used for guest stays, subject to building rules and local regulations.
Entire Homes & Investment Properties
Options for eligible houses, townhomes and income-producing properties rented to short-term guests.
What can Airbnb insurance cover?
Depending on the insurer and policy, short-term rental coverage may address risks associated with hosting paying guests.
Property & Building
Protection for eligible insured damage to the building, subject to policy terms, limits and exclusions.
Host Liability
Liability coverage for certain third-party injury or property damage claims arising from insured rental operations.
Furniture & Contents
Coverage options for eligible furnishings, appliances and property used to operate the rental.
Rental Income
Some policies offer lost rental income protection following an insured physical loss, subject to conditions and limits.
Guest-Related Damage
Some insurers provide specified coverage for damage caused by guests. Accidental and intentional damage may be treated differently.
Additional Coverage Options
Water damage, sewer backup and other endorsements may be available depending on the property and insurance market.
Coverage descriptions are general. Availability, deductibles, limits and exclusions vary by insurance company and policy.
Is Airbnb's AirCover enough?
Airbnb offers eligible hosts certain protections through AirCover for Hosts. However, these protections are not necessarily a replacement for a property insurance policy that recognizes short-term rental use.
Platform programs can have separate eligibility rules, exclusions, limits and claims procedures. Protection may also differ when bookings occur through another platform or directly with guests.
- Confirm your property insurer allows paid guest stays
- Review liability limits and exclusions
- Ask about damage to furnishings and the building
- Review coverage for lost rental income
- Disclose all booking platforms you use
How you operate your rental matters.
Occasional Hosts
Renting your principal residence for a few weekends each year? Insurer requirements can differ from those for a dedicated rental property.
Full-Time Airbnb Hosts
A property used primarily for paid short stays may require specialized rental or commercial insurance, depending on the operation.
Real Estate Investors
Own one or several investment properties? We can review eligible properties and their rental arrangements with available insurers.
What information do we need about your Airbnb?
Short-term rental insurance is underwritten based on the property and how it is being used.
- Property address and type
- Year built, square footage and construction details
- Owner-occupied or dedicated rental use
- Number of units, bedrooms and maximum guests
- Estimated rental nights and annual rental revenue
- Booking platforms, such as Airbnb or Vrbo
- Hot tubs, pools, docks or other amenities
- Current insurance details and claims history
- Property management or cleaning arrangements
- Any local licensing or condo requirements
Finding the right coverage shouldn't be complicated.
Tell Us About Your Property
Share the property details, how often it is rented, and how your guests book their stays.
We Review Available Markets
A Verdant broker reviews your operation and checks available Ontario insurance options based on eligibility.
Compare Your Options
We help explain relevant coverage, exclusions, deductibles and premiums so you can make an informed decision.
Short-term rental insurance across Ontario.
Verdant Insurance is based in Markham and helps eligible property owners across Ontario compare insurance options.
Whether your short-term rental is located in Toronto, the GTA, Muskoka, Niagara, Prince Edward County or another Ontario community, we can review your property details and available insurance markets.
Short-term rental licensing, zoning and condominium restrictions vary by municipality and building. Insurance eligibility does not replace the need to comply with applicable rules.
Learn More About Our Markham Brokerage →Ontario Airbnb Insurance FAQ
Common questions from homeowners and real estate investors about insuring short-term rentals.
Does regular home insurance cover Airbnb rentals?
Not automatically. Many home insurance policies restrict or exclude short-term rental activity. Some insurers may offer endorsements, while others require a specialized policy. Always disclose the rental arrangement.
How much does Airbnb insurance cost in Ontario?
Premiums depend on location, replacement cost, property type, rental frequency, guest capacity, claims history, amenities and coverage selected. A broker can review the details and request pricing from eligible insurers.
Do I need special insurance if I only Airbnb occasionally?
Possibly. Even occasional paid guest stays can affect coverage. Insurer rules differ, so you should confirm the arrangement is permitted before accepting bookings.
Does Airbnb AirCover replace home insurance?
No. AirCover for Hosts includes certain platform protections, but it should not be assumed to replace appropriate property insurance. Review the applicable AirCover terms and your own policy with your broker.
Can I insure a cottage listed on Airbnb?
Insurance may be available for eligible cottages and vacation properties. Factors such as seasonal access, heating, location, fire protection and frequency of rental can affect eligibility.
Can I insure multiple Airbnb properties?
Potentially. Options depend on the properties, ownership structure, rental operations and available insurer markets. Each property should be reviewed individually.
Can Airbnb insurance cover loss of rental income?
Some policies offer loss-of-rental-income coverage following specified insured physical losses. Limits, waiting periods and conditions vary. Ordinary vacancies or reduced bookings are generally not covered.
Will insurance cover damage caused by guests?
Certain guest-caused damage may be covered depending on the policy. Intentional damage, theft and accidental damage can be subject to different conditions or exclusions.
Can I insure an Airbnb condo in Toronto?
Coverage may be available if the property and rental arrangement meet insurer requirements. Condo bylaws, local short-term rental regulations and other restrictions must also be considered.
Can Verdant help with Vrbo or direct bookings?
Yes. Our brokers can review eligible short-term rental operations, including properties listed on Airbnb, Vrbo or rented directly to guests.
Other ways to protect your property.
Home Insurance
Coverage options for homeowners, condos and rental properties.
Business Insurance
Commercial insurance solutions for Ontario business owners.
Speak With a Broker
Discuss your property, rental activity and coverage requirements.
Protect your rental property with coverage that fits how you host.
Whether you're starting your first Airbnb or reviewing insurance on an established vacation rental, Verdant can help you understand your options.
Verdant Insurance | 675 Cochrane Drive, Markham, Ontario