Am I automatically insured if I have a company who manages my property rental?

Not necessarily. Some hosts contract property management companies who specialise in managing listings on sharing economy platforms like Airbnb, Stayz, and TripAdvisor, to take care of their short-term rentals. Some of the most well-known short-term rental management agencies are HomeHost and MadeComfy. Importantly, you and your property aren’t necessarily insured for short-term guest rentals, even when using these services. Currently,…

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How do I minimise risk of damage to my property during a guest stay?

Some recognised sharing economy platforms do offer guidance around property safety, and how to minimise risks as a host. For example, Airbnb provides a 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…

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Do sharing economy platforms like Airbnb, Stayz and TripAdvisor provide insurance?

Many recognised sharing economy platforms provide some form of cover or guarantee for hosts renting their property to guests. For example, Airbnb offer a Host Guarantee as well as Host Protection Insurance and Experience Protection Insurance. To understand exactly what is and isn’t covered by any form of cover provided by Airbnb, Stayz, TripAdvisor, or any other sharing economy…

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What is and what isn’t covered by ShareCover?

For full details on what is and isn’t covered by ShareCover, read the Product Disclosure Statement (PDS). ShareCover 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…

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Do I need landlord permission to use sharing economy platforms like Airbnb, Stayz & TripAdvisor?

Advice on landlord permission, and communicating with your landlord more generally, varies across sharing economy platforms - see their individual websites for details. Airbnb, for example, provide their own guidance on how to talk with your landlord or property owner about using their platform. However, having your landlord’s permission doesn’t necessarily constitute cover for property…

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What are the risks of using sharing economy platforms like Airbnb, Stayz and TripAdvisor?

  There are a number of risks associated with renting your property through recognised sharing economy platforms like Airbnb, Stayz, TripAdvisor, FlipKey, Booking.com, HomeAway, and L'Abode. 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…

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