FAQ
What is and isn't covered under a 'Short-stay Rental House' policy?
**For full details on what is and isn’t covered under ShareCover’s ‘Short-stay Rental House’ policy, read the Product Disclosure Statement (PDS).
This policy covers you for a bunch of risks associated with renting your property on sharing economy platforms like Airbnb, Stayz and TripAdvisor. It also doesn’t cover you for some risks.
Importantly, ShareCover may cover you where your standard home and contents insurance, landlord insurance, or guarantee provided by the sharing economy platform you’re using, may not.
As detailed in the PDS, ShareCover provides cover for your house and its contents whilst it is being used as temporary residential accommodation (through a recognised sharing economy platform like Airbnb, Bookabach or TripAdvisor), for loss or damage that is directly caused by a guest’s (or a guest’s visitor’s) act or omission. This includes events such as; theft, accidental and malicious damage, loss of rental income and liability.
Plus, cover for your property for damage not caused by a paying guest’s (or a guest’s visitor’s) act or omission, such as natural peril or disaster (fire, storm, tempest, lightning, thunderbolt, hail, earthquake, flood etc.).
Among other things, ShareCover will not cover spaces that are being sub-let without written consent from the landlord or owner.
Remember to check the PDS for full details on what is and isn’t covered under this policy.
If you have any doubts or queries about what is and isn’t covered by ShareCover, contact us.
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.
