Not all damage protection works the same way. The biggest differences are who provides the coverage, who decides claims, and who controls the rental.
Airbnb AirCover
AirCover is included with Airbnb bookings and funded through Airbnb's booking fees. Airbnb administers its own damage claims, and the damage protection portion is decided by Airbnb. Airbnb alone determines claim outcomes.
Renter-paid Damage Waivers
Damage waivers are typically purchased by the tenant through a booking platform. Coverage is standardized and designed to support the platform's booking process rather than your property's specific needs.
Damage Protection Plan
The Damage Protection Plan is purchased by you, the landlord. You choose the damage and liability coverage that fits your property. It's powered by Rental Guardian and underwritten by US Fire and AmTrust.
Claims are reviewed and adjudicated by licensed professionals at Sedgwick, not Furnished Finder or a booking platform, giving you an independent claims process.
You also keep control of your lease, tenant screening, and rent collection. As with any protection plan, you're responsible for enforcing your lease. For example, pet damage is covered for pet-friendly properties, but unauthorized pets are considered a lease violation.
Bottom line: The Damage Protection Plan gives you independent, credentialed coverage that's designed around your property.