Insuring apartment and house owners when they rent their properties to short-stay guests, on a part-time or full-time basis.
Cover includes guest related property damage, home and contents and liability.
Insuring vehicle owners and drivers whose car is used for ride-sharing services on a part time or full-time basis.
Cover includes collision, damage and liability.
Insuring boat owners when they arrange for a private rental of their boat for daily recreational use.
Cover includes damage to the boat caused by the renter and liability.
Insuring item owners when their items are rented for temporary use.
Cover includes item damage and theft.
Insuring part-time service providers for the period of the service.
Cover includes public and product liability.
Insuring building owners or lessors for temporary use of the space for storage, meetings or pop-up shops.
Cover includes property damage and liability, as well as stored property.
Trust = Customers
Trust underpins peer-to-peer marketplace customer acquisition and growth. Insurance is a key component of trust.
A survey by Lloyds in 2018, found 71% of consumers are more likely to use marketplaces and 70% are more likely to offer services, if insurance is in place.
Insurance that fits
Rental marketplace risks sit somewhere between consumer and commercial insurance. Traditional products are often applied but fit poorly. Thus ShareCover has developed a range of tailored solutions.
Backed by IAG
ShareCover is backed by IAG, Australia and New Zealand’s largest general insurance group. IAG sells insurance under many leading brands including NRMA Insurance, CGU, SGIO, SGIC and WFI in Australia; and NZI, State, AMI and Lumley Insurance in New Zealand.
ShareCover’s knowledge of marketplace operations, risk management, and how best to incorporate insurance in the rental process, provides an excellent base forcreating value adding partnerships.
“We have been working with ShareCover on a world-first for Canon, Kyoyu - a peer-to-peer marketplace for camera gear. Our initial research showed that our users were most concerned about the safety of their gear. It was clear that we needed to build a community built on trust and in order to do that we needed cover that was specific to our product and easy for our users to understand. The team worked closely with us to create a bespoke insurance product which enabled us to facilitate our pilot launch, this was a critical foundation for us to start learning and shaping our product into the future.”
Anthony Cortis from Canon Australia
“Trust is the fundamental tenet of any marketplace. From day 1 ShareCover has provided us with the support, security and brand backing of Australia’s largest general insurance brand to grow and scale our platform. Their B2B service is a must have for any online marketplace to provide the surety that all customers need.”
Roland Tam, Spacer
Where you can refer your customers to a co-branded landing page.
You provide insurance cover to your customer for every booking made through your business.
Data led usage base insurance where we connect to you.
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). 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.