Short-term rental insurance in New York City
Five-star short-term rental coverage in New York City.
Protect your property with short-term rental insurance in New York
New York City has some of the strictest housing and short-term rental laws in the country. Landlord-tenant rules often favor renters, and eviction timelines can stretch for months.
Despite this, NYC remains a lucrative market, with nearly 70% of residents renting rather than owning. Whether you manage an apartment, condo, or vacation rental, Steadily’s short-term rental insurance helps protect your property from liability, damage, and income loss, while keeping you compliant with city regulations.
As demand for New York City short-term rentals keeps climbing, Steadily gives hosts one straightforward policy for property damage, liability, and lost rental income.
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:
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
Short-term vs. long-term rentals explained
Short-term rentals
Long-term rentals
The coverage a New York City host actually needs
New York doesn't make you carry a set insurance amount to register, but that's cold comfort. If you're hosting the legal way, you're living in the home while paid guests come and go, and a standard New York homeowners or renters policy excludes the commercial side of renting to guests.
Airbnb's AirCover doesn't fill that hole. It's limited, it does nothing for you between bookings, and it leaves real gaps around liability and your own belongings. A dedicated short-term rental policy covers the building, your contents, liability if a guest is injured, and lost rental income when a covered event takes the place offline.
In a city that enforces this hard, the worst outcome is a claim your insurer can deny because your policy never accounted for paying guests. Run a quick quote to see what short-term rental coverage runs for your New York City home.
What NYC landlords need to know about short-term rental regulations
New York City's short-term rental laws are the strictest of any major U.S. city. Under Local Law 18, which the Mayor's Office of Special Enforcement started enforcing in September 2023, you can't legally rent a home for fewer than 30 days unless you've registered it with the city, and platforms like Airbnb are barred from processing a booking without that registration number.
Registration only clears if the place is your primary residence and you're physically present during the stay, with no more than two paying guests at a time. That rules out the empty-apartment Airbnb entirely. Renting a whole unit in a typical apartment building for under 30 days stays illegal regardless of registration, a holdover from the state's Multiple Dwelling Law.
The effect was dramatic: the city went from roughly 38,000 active listings in early 2023 to about 3,000 registered ones. Advertising an unregistered rental can cost up to $5,000 per violation, and the underlying illegal-occupancy fines climb higher than that.
If you own a one- or two-family house you have a bit more room to operate, and a 2024 amendment to loosen the rules for those homes has been floated, though nothing has passed yet.
