Traveling is a great way to escape the stress of everyday life and more and more families are choosing an Airbnb in destinations all over the world. One aspect you might not have considered is the importance of travel insurance that covers a variety of situations. Whether you must cancel your trip or leave early for an emergency or you need medical attention while traveling, travel insurance can help you protect you and your trip that includes staying at an Airbnb.
Trip Cancellation and Family Emergencies
Although you might have been planning a trip to your favorite tropical destination for months, sometimes life happens and you need to cancel your plans. This could be because of work, a sick or injured family member, or other unforeseen situations that make travel impossible. If you are traveling to an area that experiences severe weather, trip protection is a great way to make sure you can get your money back if it’s too dangerous or impossible to travel to your destination. Travel insurance with trip cancellation coverage can cover your pre-paid and non-refundable trip costs (including Airbnb costs) if you need to cancel your trip for a covered reason.
Even if you make it to your Airbnb and you’re enjoying time with family and friends – an emergency back home could cut your trip short. For example, a family member could become very ill or even worse die while you are on vacation. Travel insurance with trip interruption coverage will help reimburse you for the nonrefundable and pre-paid portions of your trip (including Airbnb costs).
Medical Evacuation, Injuries and Illness
If you or family members enjoy the exhilaration of new adventures – you could be injured while water skiing on the lake, snowboarding in the mountains, or rock climbing in the Alps. Unfortunately, this not only will cause you to cancel the rest of the trip, but you might need to be treated locally or transported to another location to take care of the injuries. Emergency medical coverage as well as evacuation coverage can help with these expenses and offer peace of mind while you are traveling and having a good time. Keep in mind that high risk sports and adventure activities will generally require optional Hazardous Sports Coverage upgrades, but emergency medical will generally cover medical emergencies that happen during your trip.
Another unfortunate scenario could be that someone develops an illness while staying at the Airbnb. You might have visited a local restaurant and developed food poisoning or one of the kids might have been stung by an insect and had an allergic reaction. In these situations, you will probably need to visit a hospital in the area and travel insurance will help pay for medical treatment in these types of emergencies.
Understanding what trip protection doesn’t cover is also important. One of the more frequent problems is fraud. A property might be listed as a beautiful beachfront cottage right on the water, but when you arrive the home is dilapidated, and the “water” is an algae-infested pond. Unfortunately, trip insurance won’t be able to help. Also, if the property you “rented” was advertised by someone who doesn’t own the house and you arrive for your vacation and find the actual owners are home – trip coverage will not be helpful.
Liability is also not covered by travel insurance. If you rent an Airbnb for your college-age children and they have a party and break something – you will be required to pay for these types of expenses.
Overall, travel insurance coverage can save you from a lot of headaches and allow you to relax and enjoy your time at your Airbnb with family and friends. If you have an upcoming trip with pre-paid and non-refundable Airbnb costs, compare and buy travel insurance now to protect you and your trip investment.