The insurance ShareCover provides is not the same as the cover from your standard home and contents insurance policy; landlord policy; or from covers and guarantees provided by platforms. It’s also not a replacement for any of these.
Rather, ShareCover provides additional cover against risks associated with having a guest in your property - specifically for certain instances of property damage or loss arising from a guest act or omission.
ShareCover offers three distinct policies. ‘Pay-per-night’, which will cover you for a single period of temporary residential accommodation of 90 days or less, which can include multiple guest-stays, and you only pay for the nights when you have a paid guest staying. ‘6 month’, which will cover you for any periods of temporary residential accommodation (any number of discrete guest stays) of 90 days or less, during the six month period of insurance. And the ‘12 month’, which works in the same way as the ‘6 month’, but during the specified twelve month period of insurance.
You can get insured with ShareCover from as little as $5 per night.
For more details about how ShareCover works, what it does and doesn’t cover, and how to claim, see our Product Disclosure Statement.