What does the Property Protection Plan cover?

What’s Covered

The plan has four key parts that protect both the property owner and the renter — plus an add-on for malicious damage.

🏠 1. Property Damage (Owner Coverage)

If a renter accidentally damages the property — whether that’s a broken appliance or a damaged wall — the Property Protection Plan helps cover the cost to repair or replace it.

Coverage details:

• Property (structure): up to $500,000

• Contents (furniture, décor, etc.): up to $10,000

• Per-item maximum: $5,000

• Deductible: $3,500 per claim

Malicious damage (damage done intentionally by a renter) is also covered up to:

• $15,000 per incident

• $5,000 deductible

💡 Example: If a guest throws a party and damages your floors and walls, Nomad’s plan can help cover the repair costs after your deductible.

🧑‍💼 2. Owner Liability Coverage

If someone gets hurt or their belongings are damaged at your property — and you’re found legally responsible — this coverage helps protect you.

Coverage limits:

• Up to $100,000 per incident

• $5 million total per year

• Includes up to $1,000 for medical payments (max $500 per person)

• $5,000 deductible

💡 Example: A guest slips on a wet floor and needs medical attention — this coverage can help with those costs.

🧳 3. Renter’s Belongings

Guests’ personal items are protected while they stay at your property.

Coverage details:

• Up to $10,000 total per unit

• Up to $2,500 per item

• $500 deductible

Not covered: cash, jewelry, fine art, collectibles, or any single item worth over $4,000.

💡 Example: If a guest’s suitcase or laptop is stolen from the home, this section helps reimburse them.

🙋‍♂️ 4. Renter’s Liability

If a renter accidentally causes damage to the property or to someone else, this helps cover the costs so the renter isn’t on the hook alone.

Coverage details:

• Up to $100,000 in liability coverage

• Up to $1,000 for medical payments (max $500 per person)

• $2,500 deductible

💡 Example: If a guest overflows the bathtub and floods the ceiling below, this coverage helps pay for repairs.

What’s Not Covered

While the plan covers most common issues, there are some exclusions:

• Normal wear and tear or gradual deterioration

• Mold, rust, or pests

• Bed bug infestations

• Damage from war, terrorism, or pollution

• Cyber or data-related losses

• Health or disease-related incidents (like COVID-19)

💡 If you’re unsure whether something is covered, our support team can help review your specific case.