Opening your home to strangers is a leap of faith, but one that host Guy says has been extremely positive: “The insurance that Airbnb provides gave us the confidence to list the house and try it out.” Over the course of a year, Guy hosted more than 120 guests and never needed Airbnb’s Host Guarantee, which provides property damage protection of up to $1,000,000 USD, or Host Protection Insurance, which provides up to $1,000,000 USD of liability insurance against injury and property damage claims by guests and others.