FAQ
I don't want my property to be used as a party house. Is this likely? What can I do to prevent it?
When renting your property there are always risks.
We can’t say whether it’s likely or not that your property will be used as a party house, when you rent it out on a sharing economy platform like Airbnb, Stayz, TripAdvisor, FlipKey, Booking.com, HomeAway, and L'Abode. Most recognised sharing economy platforms do offer some kind of guest verification process - see for example Airbnb’s help article on how hosts can require guests to be verified before booking. Airbnb also explains how to share “House Rules” with your guests - which are a set of expectations around guest behaviour. Furthermore, Airbnb provides a list of safety tips for hosts.
However, while there are some actions you can take that may reduce the risk of your property becoming a ‘party house’, or being damaged in any way during a guest stay, these preventative measures aren’t the same as cover.
That’s why ShareCover exists - to cover you against certain risks associated with having a guest in your property. Importantly, such risks may not be covered by your standard home and contents insurance, landlord insurance policy, or by the guarantees and covers provided by certain recognised sharing economy platforms. To find out what you are covered for under your existing insurance arrangements, refer to those policies. And for more details on what is and isn’t covered by ShareCover, see our Product Disclosure Statements.
Related Questions
- What risks am I exposed to when using sharing economy platforms? Why might I need cover?
- What are the risks of using sharing economy platforms like Airbnb, Bookabach and TripAdvisor?
- Do sharing economy platforms like Airbnb, Bookabach and TripAdvisor provide insurance?
- How do I minimise risk of damage to my property during a stay?
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.