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, Stayz, 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. Similarly, Stayz provides information on how to setup a default refundable damage deposit for online bookings, and how to claim this deposit.

 

Find out how ShareCover differs from covers or guarantees provided for hosts by some recognised sharing economy platforms, such as Airbnb’s Host Guarantee

Find out how to claim with ShareCover

Find out more about how ShareCover works with homeowner’s insurance