Rental home marketplaces include online platforms or services such as Vacation Rentals By Owner (VRBO) and Airbnb which connect property owners to short term renters. Existing laws do not provide reimbursement guarantees to rental home marketplace users for damages to property shared through a rental home marketplace. This bill would require rental home marketplaces doing business in this state to maintain a reimbursement insurance policy. This bill would create the Rental Home Marketplace Guarantees Act to define and regulate rental home marketplace guarantees. This bill would provide for oversight of and consumer protections for rental home marketplace guarantees by the Commissioner of Insurance; would give enforcement and rulemaking authority to the Commissioner of Insurance; and would also provide for monetary penalties, hearings, and court proceedings.