The Airbnb Host Guarantee provides protection for up to $1,000,000 to a host for damages to covered property in the rare event of guest damages above the security deposit or if no security deposit is in place.
The Host Guarantee program doesn't cover cash and securities, collectibles, rare artwork, jewelry, pets or personal liability. We recommend that hosts secure or remove valuables when renting their place. The program also doesn't cover loss or damage to property due to wear and tear.
Learn more about the Host Guarantee at http://airbnb.com/guarantee
It provides protection against damage or theft to items on your property. If something like a fire happens at your residence and damages your property, property insurance covers that.
Comprehensive Liability Insurance means protection against claims of property damage or personal injury when filming on public property. This is a very accurate definition.
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Liability
liability
Homeowners need insurance protection in the event of damage to their property. That's basically what homeowners insurance offers: financial protection in case disaster strikes. In the US, basic coverage (also called "Form 1", or "H1") will insure your house against damage from fire and lightening. If you want more protection you'll need to purchase broader coverage.Homeowners insurance is a package policy. This means that it covers both damage to your property and your liability or legal responsibility for any injuries and property damage you or members of your family cause to other people. This includes damage caused by household pets.
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.
It all depends on what they offer and the price. You should ask them for the price on the amount of property damage protection.
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance.
In Michigan you are required to have auto insurance or face fines and jail time. You will need personal injury protection, property protection and residual bodily injury and property damage liability insurance.
A. $10,000 Personal Injury Protection and $10,000 Property Damage Liability
Yes there is a minimum coverage of personal injury protection and property damage that you are required to have.