Short-term rental insurance in Maine

Hosting paying guests on Airbnb or VRBO in Maine is the exact situation a standard homeowners policy is written to avoid. Short-term rental insurance fills that gap, covering the building, your liability if a guest is injured, and the income you lose when a covered event like a major coastal storm takes the rental offline.

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Five-star short-term rental coverage in Maine.

Eric Martin

I had a quote within half an hour and then connected them with my mortgage lender for closing via email. Very easy to work with.

Elizabeth Oreo

They respond quickly and communicate well. I was able to get the policy I needed to convert my vacation home to Airbnb.

Arnold Chambers

The process of getting a landlord policy was very smooth. A few text messages, and the price was great, new policy saved us over $600!

Protect your Maine property with short-term rental insurance

Maine’s scenic towns like Portland and Bar Harbor attract thousands of vacation rental guests each year. Airbnb hosts must follow local regulations and carry adequate insurance.

Steadily provides short-term rental insurance that protects Maine homeowners from liability and property damage. Whether you rent a cabin or coastal home, our coverage keeps you protected.

With more travelers booking Maine short-term rentals every year, a Steadily policy covers the guest-facing risks a homeowners or landlord policy leaves out.

Who is short-term rental insurance for?

Short-term rental insurance protects your investments when they are rented as a vacation rental, Airbnb, VRBO, etc. Short-term rental insurance covers rental periods as short as one night. This insurance offers coverages for:

Legal liabilities

Fire and water damage

Financial protection against natural disasters

Protection for your furnishings

What does short-term rental insurance cover?

We cover a wide range of risks, or you can choose a limited set of coverages for a lower premium

Fire

Covers damage from fire, smoke and related events, such as wildfires, accidental kitchen fires or electrical fires caused by malfunctioning appliances.

Legal liability

Landlord liability insurance pays medical bills, legal defense, and settlements when a tenant or visitor is injured at your rental. Steadily writes $300K-$2M of liability into every landlord policy in all 50 states. Quote in two minutes.

Water

Covers certain water damage not caused by flooding, including burst pipes, HVAC leaks and plumbing overflows.

Storm and hail

Covers damage to your rental property caused by storms, hail, wind and lightning - such as fallen trees or hail punctures in roofing structures.

Loss of rent

Covers lost rental income for when your rental becomes uninhabitable due to covered perils, or while the repairs are being made.

Vandalism & burglary

Covers damage made to your rental property by a burglar or a vandal, such as broken windows or defacements made to walls or exterior structures.

Riot & civil commotion

Covers damage to your rental property caused by riots, civil unrest, and public disturbances.

Short-term vs. long-term rentals explained

Short-term rentals

Stays that are 30 days or less at a time.

Rented in short stays

Guests book by the night or week, cycling through constantly instead of one household staying put. A short-term rental policy is priced for that turnover.

Furnished space for paying guests

You supply the beds, furniture, and everything guests use.

Rental income rises and falls with bookings

Revenue is variable and business-like, and loss of rent coverage can replace bookings lost after a covered event.

Requires an STR policy or endorsement

An STR carries a meaningfully different risk profile than a long-term rental. Having the wrong policy can result in coverage gaps and claims being denied.

Long-term rentals

A tenant's permanent residence.

Leased for months or years

One tenant signs a lease and lives there full-time; there's no nightly turnover.

A different risk profile

A single long-term tenant creates far less turnover and guest liability than a stream of nightly visitors, so it's underwritten differently.

Steady rent, tied to a lease

Using a homeowners policy for a rental property can create major coverage gaps.

Does not require an STR policy or endorsement

A tenant-occupied rental calls for a landlord policy built around long-term tenants.

Not sure if your STR is covered? Enter your address and get a free quote instantly:

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What short-term rental insurance costs in Maine

Coverage for a short-term rental tends to cost a fifth or so more than a standard landlord policy, in the 15% to 25% range since insurers price in the added risk that comes with paying guests.

In Maine, coastal and storm exposure is one factor that can nudge premiums higher.

The property's rebuild cost, its location, your liability limits, and extras like equipment or income coverage all move the number up or down.

The only way to know your exact figure is a quick quote, which takes just a few minutes.

What Maine landlords need to know about short-term rental regulations

Before you list a Maine property, it's worth checking the local ordinance, because short-term rental rules there vary from one municipality to the next. Our Maine short-term rental law guide lays out what to look for.

Some places restrict short-term rentals to certain zones or require a conditional-use permit, while others simply want you registered and paying the local tax.

Most short-term rentals owe some combination of state and local lodging taxes, so it's worth confirming what your platform collects and what you have to file yourself.

Some cities require proof of liability coverage before they will issue a permit, and even where they don't, a short-term rental policy keeps a compliance gap or a guest claim from turning into a costly problem.

Learn more about Maine STR regulations

Steadily insured house with a car parked out front