Airbnb launches Earnings Protection

Airbnb is introducing Earnings Protection, a new insurance plan designed to give US hosts a financial safety net “when crises occur.”

Currently available for purchase in 45 states in the US, with plans to expand to all 50 states in early 2027, Earnings Protection provides a payout as supplemental income when external factors, such as hurricanes and severe property damage, prevent hosts from welcoming guests.

To qualify for the program, hosts must have 5 or fewer listings (with over 50 nights reserved on a single listing in the past year), live in the US with a listing in any state except Indiana, Maine, Missouri, New Jersey, and New York, and have hosted their first reservation at least one year ago.

The new insurance plan is offered in partnership with MIC Global.

“Some of our very best hosts have shared how stressful it can be when something completely out of their control—such as extreme weather conditions—makes it impossible for them to host, and their income is immediately impacted. We partnered with MIC to design this first-of-its-kind product to give our hosts extra peace of mind so they can focus on rebuilding their business and doing what they love: hosting again.” – Sui Lin Cheong, Airbnb’s Vice President, AirCover and Insurance Operations.

“For MIC Global, our partnership with Airbnb represents the convergence of our embedded distribution model, global reinsurance capacity, and the kind of parametric innovation that turns insurance from a promise into a real-time financial safety net for the people who depend on it most.” – Jamie Crystal, MIC Global Chief Executive Officer.