Recent economic conditions have opened the door to new opportunities designed to make money for the creative entrepreneur while at the same time offering significant savings to the consumer. Ridesharing companies like Uber and Lyft are prime examples of this, as is Airbnb, which offers housing accommodations to travelers at rates far more attractive than those offered by more traditional hotels and inns. Airbnb has the added advantage of offering lodging accommodations in locations not necessarily serviced by traditional resorts, like rural areas or residential neighborhoods.
The idea of gaining a true local experience by renting a house, or even a room, from someone native to the area you are planning to visit can be enticing, especially now as people plan their summer vacations. Before booking your trip, however, understand that this new trend carries its own set of risks. What happens if you suffer an injury from a fall or a dog bite? Traditional hospitality companies are insured against unexpected accidents, which may not be the case with private individuals offering their homes or portions of their homes for rent to travelers. Consider the following story by New York Times reporter Ron Lieber, “Questions About Airbnb’s Responsibility After Attack by Dog.”