FAQ
What are the risks of using sharing economy platforms like Airbnb, Bookabach and TripAdvisor?
There are a number of risks associated with renting your property through recognised sharing economy platforms like Airbnb, Bookabach and TripAdvisor. We suggest that some of these may include theft of your personal belongings, identity theft, accidental damage or malicious damage done by guests, loss of rental income, or personal injury liability. This list is by no means exhaustive. To better understand the risks that may be associated with using any particular sharing economy platform, visit their website.
What ShareCover does, is offer cover for you and your property against a range of risks, to support your participation in the sharing economy. Importantly, it insures you against events that many home and contents policies, landlord policies and cover or guarantees provided by platforms, don’t cover. For full details on what ShareCover does and doesn’t cover, see our Product Disclosure Statements.
Related Questions
- How do ShareCover's Short-stay Landlord products work?
- I don't want my property to be used as a party house. Is this likely? What can I do to prevent it?
- 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.