What Airbnb Hosts Must Know about Setting a Security Deposit

If you're an Airbnb host, then you know that the security deposit is one of the most important aspects of your rental agreement. As a host, it's important to understand how security deposits work and what you need to do to set one up for your rental.

Here's what you need to know about setting a security deposit for your Airbnb rental.

What Is a Security Deposit in an Airbnb?

A security deposit is an amount of money that is held by Airbnb in order to cover damages that may occur during a guest's stay. The deposit is fully refundable if there is no damage to the rental property.

To set up a security deposit on Airbnb, simply go to the listing page for your rental property and scroll down to the "Pricing" section. From there, you will see an option to add a security deposit. Once you've added the deposit amount, be sure to save your changes.