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This story is part 3 in a series on financial caregiving for seniors. Read others in this series:
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Protect yourself from guests from hell
– moneysense.ca
(Westend61/Getty Images)Want to rent out your home to tourists but worried it’ll get trashed in a “drug-induced orgy”—a situation that recently befell a Calgary couple who rented their place out on Airbnb? Square One Insurance is the only provider to offer comprehensive theft, water and fire damage coverage to Airbnb hosts in B.C., the Prairies and Ontario starting at $20/month. The deductible for crime-related losses is steep at $2,500 but neither Airbnb nor traditional home insurance providers will cover you.
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