FAQ
How does ShareCover work if I rent my home under a lease?
ShareCover is available to people who rent their property under a lease, and don’t own the property.
However, there are certain key conditions that apply if you purchase ShareCover for the property you rent out under a lease:
- You must obtain written consent from the property owner. We'll ask for a copy of this if you make a claim.
- Any cover you have under the Listed Events Cover for the home building, will cover only the owner and any benefit, and any settlement of any claim will be payable to and for the benefit of the owner. You will not receive any benefit or settlement amount in relation to this aspect of any claim
- If a claim is made by or on behalf of the owner, you must consent to us communicating with the owner in relation to the claim, and you must provide us with all information and assistance we may require in a timely fashion
These conditions are fully detailed in the Product Disclosure Statements, which you should read when making any decisions about a product.
Related Questions
- Do I need insurance even if I'm not the owner of the property listed on Airbnb, Bookabach or TripAdvisor?
- How does ShareCover give you peace of mind when hosting on sharing economy platforms like Airbnb, Bookabach or TripAdvisor?
- Do I need insurance to use sharing economy platforms like Airbnb, Bookabach & TripAdvisor?
ShareCover is issued by IAG New Zealand Limited, a wholly owned subsidiary of Insurance Australia Group, Australasia’s largest general insurer. When making decisions about a product, always read the Product Disclosure Statement (PDS). You should carefully read the Product Disclosure Statement (PDS) and all policy documentation for more details.
ShareCover Enterprises is owned by Insurance Australia Limited and is not related to either Airbnb, Bookabach, Booking.com, TripAdvisor, Spacer, and Uber. References to these platforms on this website do not constitute an endorsement by these platforms of ShareCover nor an endorsement of these platforms by ShareCover; nor IAG being partnered with these platforms.