{"id":106057,"date":"2023-04-17T11:21:30","date_gmt":"2023-04-17T18:21:30","guid":{"rendered":"https:\/\/www.peerspace.com\/resources\/property-damage-guarantee\/"},"modified":"2025-02-11T12:37:12","modified_gmt":"2025-02-11T20:37:12","slug":"property-damage-guarantee","status":"publish","type":"post","link":"https:\/\/www.peerspace.com\/resources\/property-damage-guarantee\/","title":{"rendered":"Introducing the Peerspace Property Damage Guarantee\u00a0"},"content":{"rendered":"\n

At Peerspace, one of our top priorities is to provide peace of mind to our hosts during their bookings. We understand that accidental property damage can occur, and it\u2019s important that hosts know their space will be protected on these rare occasions. So to further our ongoing commitment to our hosts and deliver on a long-requested benefit, we are excited to introduce the Peerspace Property Damage Guarantee effective April 17, 2023.1<\/sup> <\/p>\n\n\n\n

\"\" <\/picture>
Sally F., Peerspace host<\/figcaption><\/figure>\n\n\n\n

Under this new program, we guarantee a guest\u2019s liability to hosts for eligible damages up to $25,000 per booking.2<\/sup> In the event that a host\u2019s space or belongings (such as furniture, floors, or host-owned production equipment) are damaged by a guest during a booking, the host will be reimbursed\u2014without the hassle of chasing down payment.<\/p>\n\n\n\n

This new benefit will work in tandem with our existing Host Insurance Policy<\/a> \u2013 our $1,000,000 General Liability (GL) policy that protects hosts from lawsuits brought by third parties, such as guests, who claim they were injured and\/or their own property was damaged during a booking.<\/p>\n\n\n\n

Want to learn more?<\/strong> <\/h2>\n\n\n\n

Check out the full Peace of Mind program<\/a> to see all of the benefits available to Peerspace hosts, and look out for an invite to our upcoming webinar to learn how you can access the Property Damage Guarantee.<\/p>\n\n\n\n

1 <\/sup>Only applicable to U.S. hosts upon launch; we hope to offer this program to hosts in more countries soon<\/p>\n\n\n\n

2 <\/sup>$25,000 per booking with a maximum of $7,500 value per damaged item; hosts are responsible for the first $100 of any damaged property<\/p>\n","protected":false},"excerpt":{"rendered":"

At Peerspace, one of our top priorities is to provide peace of mind to our hosts during their bookings. We understand that accidental property damage can occur, and it\u2019s important that hosts know their space will be protected on these rare occasions. 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