Ostiguy & Gendron becomes Covalen.

Short-term rental insurance Protect your investment with our short-term rental insurance

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Our specialized insurance for Airbnb and other vacation rental platforms in Quebec gives you the peace of mind you need.

We offer specialized insurance solutions for homeowners involved in short-term rentals like Airbnb. Recognizing the unique challenges and shortcomings of standard policies in this area, we offer customized protection. Our expertise enables you to secure your property and interests, giving you the peace of mind you need to take full advantage of the benefits of the sharing economy.

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By 2023, Quebec will have approximately 60,000 short-term accommodation units, including nearly 22,000 in Montreal.
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The industry generated annual revenues of approximately 650 million Canadian dollars and supported 12,000 direct and indirect jobs.
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The average revenue per active guest was $6,000 per year.
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Occupancy varied considerably, from 55% in the high season to 35% in the low season.

We insure all types of accommodation for short-term rental

Whether you offer an apartment in the city or a chalet in the mountains, our insurance is tailored to your needs.

City apartments

  • Downtown studios
  • Modern lofts
  • Condos with a view

Detached houses

  • Log cabins
  • Country homes
  • Contemporary villas

Resort properties

  • Lakeside cottages
  • Ski condos
  • Beach homes

Unusual accommodations

  • Ecological yurts
  • Treehouses
  • Mobile mini-homes

Why choose Covalen for your short-term rental and Airbnb insurance?

  • Specialized expertise in short-term rental insurance
  • Partnerships with insurers who understand the specific needs of Airbnb hosts
  • Solutions tailored to your rental frequency and property type
  • Flexible coverage options, including extended liability
  • Dedicated customer service that understands the challenges of tourist accommodation
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Specific risks covered by our short-term rental insurance

  • Damage caused by tenants
  • Theft or vandalism during rental periods
  • Extended liability for guest accidents
  • Loss of income due to unforeseen cancellations
  • Protection of personal property left with the tenant

Top 5 short-term rental risks

As a landlord, it's crucial to understand the risks associated with short-term rentals :

  1. Property damage : Accidental damage, accelerated wear and tear, theft or vandalism by tenants.
  2. Civil liability : Tenant injury on the property or damage to third parties.
  3. Financial losses : Last-minute cancellations, vacancy periods, unforeseen costs.
  4. Regulatory issues : Non-compliance with local laws and fines for illegal operations.
  5. Nuisances and conflicts : Complaints from neighbours, conflicts with condominium or homeowners' association.

Protect yourself now !

Don't let these risks threaten your investment.

Get the protection you need immediately. Contact our experts to get the coverage you need.

They've put their trust in us

« My insurer refused to renew my policy after three water damage claims in two years. I was desperate. Covalen not only found me a new home insurance policy, but they also advised me on improvements to prevent future claims. Their personalized approach made all the difference. »
- Marie-Claude T. Laval

Get a quote for your short-term rental insurance

Protecting your Airbnb investment has always been challenging. At Covalen, we've optimized our process to offer customized coverage in just a few steps.

  1. Personalized assessment : Contact Covalen for an in-depth needs evaluation. Our experts will take the time to understand your unique situation.
  2. Detailed description of your business : Share the details of your rental company, such as the frequency of rentals, type of property, special equipment, etc. The more we know, the better we can protect you.
  3. Customized coverage options : We'll present several choices carefully tailored to your situation and budget.
  4. Expert advice : Our short-term rental insurance advisors offer expertise and will guide you toward the best protection for your Airbnb business.
  5. Choose your peace of mind : Select the solution that suits you best. With Covalen, you're sure to be well protected, whatever happens.
Quick Quote

Get your personalized quote today and protect your short-term rental business with Covalen !

Don't wait any longer to get the protection you need and deserve.

All about short-term rental insurance

A good policy will include liability coverage for guest injuries, but check the specific details.

Not always. You may need additional coverage for valuables.

Some policies offer coverage for loss of income, but it's not standard. Check with your insurer.

The frequency of rental can affect the type of policy needed. Frequent rentals may require commercial insurance.

Specific short-term rental insurance usually covers such damage beyond what Airbnb coverage offers.

Yes, liability coverage tailored to short-term rentals is strongly recommended.

Usually not. Specific insurance or an endorsement is required to cover the risks associated with short-term rentals.

Often, yes, but check the details of your policy. Some may have exclusions or limits.

Yes. Failure to do so could invalidate your insurance policy in case of a claim.

It covers specific damage caused by guests but has limitations. Personal insurance is strongly recommended.

Need help?

Talk to an expert today

Call us today for a free assessment of your insurance needs and find out how we can give you the peace of mind you deserve. We're here to help.

Need more time?

Fill out our online form.

For a fast, free assessment of your insurance needs, please take a few moments to complete our form. One of our experts will then contact you to discuss the best protection for your situation.