The ‘Pay-per-night’ policy does not replace the need for home and contents insurance that covers your use of the property and damage by natural perils (storms, bushfire, flood etc.).
However, ShareCover’s ‘Short-stay Rental Apartment and House’ policies are designed for hosts who rent the property out for most of the year and both policies provide comprehensive coverage, including coverage against natural perils.
So, ShareCover doesn’t entirely replace the need for standard home and contents insurance in every rental situation, but it does provide cover against risks that may not be covered by your standard home and contents insurance, landlord insurance policy, or by the guarantees and covers provided by certain recognised sharing economy platforms.
For full details about what ShareCover does and doesn’t cover, see our Product Disclosure Statements (PDS).
If you have any doubts or queries about what cover you need, please contact us.
ShareCover is issued by Insurance Australia Limited ABN 11 000 016 722 AFS Licence No. 227681 trading as ShareCover Enterprises. When making decisions about a product, always read the Product Disclosure Statement (PDS) and Target Market Determination available on this website. For home policies, please also read our Key Fact Sheets (KFS) for buildings and contents which set out some of the events/risks covered and not covered by our home policies and other information you should consider. These sheets do not provide a complete statement of the cover offered, exclusions, conditions and limits that apply under the policies. You should carefully read the Product Disclosure Statement (PDS) and all policy documentation for more details.
To help you make an informed choice on insurance visit the Australian Government website: www.moneysmart.gov.au
ShareCover Enterprises is owned by Insurance Australia Limited and is not related to either Airbnb, Bolt, Booking.com, DiDi, OLA, Shebah, Spacer, Stayz 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.