If you are currently or looking into using your home for Airbnb or your car for Uber/Lyft, it is important to let Troy Insurance know. Are you covered for Airbnb and Uber/Lyft? The answer is technically no. The insurance companies that we represent do NOT cover any of the above.
It is important to still let us know so we can note it in your file. Airbnb, Uber and Lyft offer their own insurance programs for certain circumstances. Below is more information in regards to that. Please remember that any insurance offered by the following companies are separate from and do not have anything related to your current policies that you have through Troy Insurance.
Airbnb
Both protection plans are always free for Airbnb hosts and provided by Airbnb automatically each time a guest stays in your home.
Host Guarantee – Protects an Airbnb host if a guest is involved in property damage to the host’s possessions, unit, or home. Airbnb does not consider this as insurance, but more so an add-on protection for hosts. To read more, please go to https://www.airbnb.com/guarantee.
Host Protection Insurance – Covers hosts if third-party claims of bodily injury or property damage. The Host Protection Insurance program is available to hosts regardless of their other insurance arrangements, but will only act as primary insurance coverage for incidents related to an Airbnb stay. For more information on this, please go to https://www.airbnb.com/host-protection-insurance.
Lyft
4 Coverages Under Their Insurance
- Contingent Liability (coverage only while in driver mode waiting for a ride request)
- Primary Automobile Liability
- Contingent Comprehensive & Collision
- Uninsured/Underinsured Motorist (UM/UIM)
For more information on these coverages, or on their insurance in general, please visit https://help.lyft.com/hc/en-us/articles/115013080548-Insurance-Policy.
Uber
3 Coverages Under their Insurance
- Third party liability coverage
- Uninsured or underinsured motorist bodily injury coverage
- Contingent collision and comprehensive coverage
To find out more, please visit https://www.uber.com/drive/insurance/.
