Host Damage Prevention
While Livily does not provide host insurance or damage protection coverage, hosts can take several steps to reduce risk and protect their properties. We strongly recommend that hosts maintain appropriate short-term rental insurance coverage and implement property protection measures that align with their business needs.
Recommended Protection Options
Consider these standard measures to help secure your properties and manage guest reservations:
Security Deposits
Hosts may require security deposits where permitted by local laws and regulations. Security deposits can help offset accidental damage and encourage responsible guest behavior.
Short-Term Rental Insurance
Many insurers offer policies specifically designed for furnished rentals, vacation rentals, and extended stays. These policies often provide broader coverage than traditional homeowner insurance.
Damage Waiver Programs
Some hosts choose to offer non-refundable damage waivers instead of collecting security deposits. Damage waivers can provide protection against minor accidental damage while creating a simpler guest experience.
Commercial Liability Coverage
Property owners and managers should maintain adequate liability coverage to protect against potential claims involving bodily injury or property damage.
Property Documentation
We recommend documenting property condition before and after each stay using photographs, inspection reports, and inventory records.
Best Practices
- Maintain short-term rental insurance
- Document property condition before arrivals
- Conduct post-stay inspections promptly
- Install noise monitoring devices where permitted
- Use smart locks and access controls
- Maintain clear house rules
- Verify guest identities when possible
Livily encourages all hosts to consult with their insurance professionals to determine appropriate coverage for their specific properties and operations.