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Allstate will sell insurance for Airbnb hosts

The new product, called HostAdvantage, will fill gaps that appear in current policies when holders rent their homes on a short-term basis for $50 per month (say, your guests set fire to your kitchen). Allstate will offer it in six states in August.

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The new product, called HostAdvantage, will fill gaps that appear in current policies when holders rent their homes on a short-term basis for $50 per month (say, your guests set fire to your kitchen). Allstate will offer it in six states in August.

About the author

Sarah Kessler is a senior writer at Fast Company, where she writes about the on-demand/gig/sharing "economies" and the future of work.

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