A quick and easy virtual deposit solution for hosts and guests
For private home owners and renters
Hosts were unable to find cover for risk associated with having guests to stay in their own home, regardless of if they were also in the property or not.
Landlords renting out holiday homes or buy-to-let properties through home-sharing platforms were unable to find cover for the risks created by short-term letting through these new avenues.
The worlds first pay-per-stay insurance solution that works alongside a host's pre-existing buildings and contents insurance to cover the risks associated with having paying guests stay.
A pay-per-stay or monthly insurance policy for landlords that covers the risk associated with having short-let guests staying in a property booked through home-sharing platforms as well as traditionally holiday letting companies.
Regardless of which policy criteria you fall in to, the price is the same. You can cover yourself from all the risks associated with having paying guests stay for as little as 78p per day.
Taking a meaningful deposit from a guest is hard, the regulations around handling the guest’s money are complicated and resolving host/guest disagreements quickly gets messy. Deposits are crucial to both host and guest, but the traditional method breaks down when the length of stay is only a few nights
The traditional deposit model makes no sense to the Airbnb generation. Why would they give £1,000 to a relative stranger for a booking that might cost a fraction of that
DEPOSITCOVER removes the need to take an actual cash deposit from the guest. It works just as a normal deposit would, allowing deductions for damage but not for expected wear and tear...
It depends on you, your home and the stay.
Most pay £2-3 per day
As an example, a host put cover in place for their 2-bed flat on Waterloo Street in Brighton this morning for £2.81 per night
You only pay when guests come to stay
Putting cover in place for every stay would be a real ‘boar’ so we’ve built some neat tech to do it for you. Sign up to GUARDHOG, choose Autohog, and then we can automatically cover each and every stay.
It’s fuss free with no annual commitments.
Please read our policy wording before you purchase our cover.
Solving the sharing economy insurance problem
OF HOSTS RENT THEIR REAL HOMES
OF HOSTS HAVE NEVER BEEN GUESTS
AVERAGE TAX FREE EARNINGS P/HOST P/YEAR
OF HOSTS FEAR DAMAGE TO THEIR PROPERTY