Show HN: Short-term rental estimate for sites like Airbnb

Re:Show HN: Short-term rental estimate for sites like Airbnb by sundvor on Monday August 07, 2017 @07:23PM (#14952121)

Before going straight for the mortgage repayment question, I wonder how many take up proper insurances to cover worst case scenarios (i.e. property getting fully trashed in a drug/alcohol binge party scenario) - and how much they cost.

[ Parent | on HN ]

Re:Show HN: Short-term rental estimate for sites like Airbnb by Sleeep on Monday August 07, 2017 @08:19PM (#14952399)

I agree with you, however, I just want to point out that a completely destroyed house in a drug binge orgy party isn't even close to the worse case scenario, at least then you can "only" lose 100% of the value of your physical property, maybe ~$300,000. The worse case scenario is someone getting seriously hurt or dying, that could cost millions and has virtually no upper limit - https://medium.com/matter/living-and-dying-on-airbnb-6bff8d6...

[ Parent | on HN ]

Re:Show HN: Short-term rental estimate for sites like Airbnb by sundvor on Monday August 07, 2017 @09:43PM (#14952853)

Ah, you're completely right - great point. What a horrible story. :(

[ Parent | on HN ]

Re:Show HN: Short-term rental estimate for sites like Airbnb by k3oni on Tuesday August 08, 2017 @10:59AM (#14958455)

For a property appraised at 400k a short term vacation policy would cost you ~$2100/year .

[ Parent | on HN ]