FAQ
What happens if I also have a security deposit?
The decision to charge a security deposit to guests is up to you.
ShareCover does not require that policyholders have a security deposit on their property listing. And having a security deposit on your property listing does not affect how you claim with ShareCover.
Many recognised sharing economy platforms like Airbnb, Bookabach, or TripAdvisor offer hosts the ability to charge a security deposit as part of their listing. Moreover, Airbnb, as one example, provides guidance on how to add a security deposit to a listing and how Airbnb handles security deposits, among other security deposit related issues.
Related Questions
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.
