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2 clusters · 5 sources · 3 days · First seen · Last updated

Airbnb weather insurance launch in Europe

Overview

Airbnb has launched a voluntary weather insurance service in partnership with insurer Chubb, aimed at providing financial compensation to travelers affected by heavy rain. The service, available to residents of ten European countries, offers daily payouts ranging from 50 to 1,000 euros based on specific contract terms and regional requirements.

To trigger a payout, locations must record at least 1.5 mm of rain per hour between 8:00 and 20:00 local time for a minimum duration defined by the policy. The system utilizes automated meteorological data from organizations such as NASA, NOAA, and the European Centre for Medium-Range Weather Forecasts (ECMWF). Because payouts are triggered by independent data, travelers do not need to file manual claims or provide photographic evidence.

Entities

Airbnb · Chubb · NOAA · NASA · Justin Brouse

Timeline

  1. [BUSINESS] 3 sources
    Airbnb introduces weather-related insurance for travelers

    Airbnb has introduced a new insurance service in ten European countries that compensates travelers between 50 and 1,000 euros per day if specific rainfall thresholds are met.

  2. [BUSINESS] 2 sources
    Airbnb launches weather insurance for travelers in 10 European countries

    Airbnb has partnered with Chubb to offer weather insurance in 10 European countries, providing daily payouts of 50 to 1,000 euros if heavy rain disrupts a traveler's stay.

Sources

espreso.co.rs · newsmonkey.be · telegraf.rs · vojvodjanskireporter.rs · wochentlich.de