Does AirBnB offer any help with insurance? I know my home & contents insurance wouldn't cover any of this: I'd need to get (expensive) commerical insurance or some sort, and I'm guessing most AirBnB hosts don't have that.
The idea of renting out my place with no recourse to insurance if it is destroyed is far too insane to contemplate for me.
Given the exposure, I would expect AirBnB to have liability insurance up the wazoo. It seems likely they would lose a lawsuit in this case, and even with just partial liability it could be very expensive.
Why would they lose a lawsuit if one were brought in this case? I haven't read it but I'd wager their TOS gives them the right to your first born child (hmm... I'm trying to say it probably disclaims any possible liability in the broadest possible terms, bad analogy perhaps). Then again, whether that holds in court is something we couldn't know until after a case.
The idea of renting out my place with no recourse to insurance if it is destroyed is far too insane to contemplate for me.