Rain ruins your holiday in Spain? Airbnb’s new insurance could pay you up to €1,000 a day
Imagine going on a long-awaited trip to Spain only to see it rain for half of your stay. Airbnb has […]
Airbnb has unveiled a new insurance policy called Weather Protection, which could grant travelers up to €1,000 per day should adverse weather interfere with their Spanish holiday. This revolutionary insurance scheme is designed to compensate users automatically when rainfall reaches a certain threshold, without the need for a formal claim or documentation.
Available in Spain and nine other European countries, the policy covers both domestic and international stays. However, British residents traveling to Spain for their holiday are not eligible for this insurance. To be eligible, travelers must be residents of Spain, live in Spain, and have a confirmed booking with Airbnb. The compensation amount depends on the type of insurance purchased, ranging from €50 to €1,000 daily.
Rainfall must accumulate for at least 1.5 millimeters within an hour, between 8 am and 8 pm local time, for a specified number of hours as outlined in the policy. The insurance provider, Chubb European Group SE, monitors meteorological data to determine eligibility for compensation. The insurance does not refund accommodation costs but covers the predetermined amount in the event of bad weather.
It is an optional add-on that can be purchased up to seven days before check-in and requires providing bank details and identity verification for the first payout.
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