GUESTCOVER New

guestcover

The guest deposit alternative

A quick and easy virtual deposit solution for hosts and guests

The Problem

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.

For landlords

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 Solution

HOSTCOVER

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.

HOSTCOVER PRO

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.

The Cost

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.

Home failure
Home Misrepresentation
Host cancellation
Home fraud – Scam, Hacking, Property does not exist

Home failure

Home failure

Home Misrepresentation

Home Misrepresentation

Host cancellation

Host cancellation

Home fraud – Scam, Hacking, Property does not exist

Home fraud – Scam, Hacking, Property does not exist

Protection for the little things

Pay as little as £2 a night for £1,000 deposit insurance

The problem for hosts

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 problem for guests

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

The Solution: The power of a virtual deposit

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 increases transparency for all – no need for the guest to hide damage to try and “get away with it”.
  • It will provide a far better and more positive customer experience when an accident has happened.
  • It removes a key barrier to guests booking.
  • It reduces payment processing fees associated with taking traditional deposits.
  • It removes the admin heavy task of taking and then refunding deposits for each booking taken by a host.

What does DEPOSITCOVER cost

It depends on you, your home and the stay.

Keep Hank happy 

Most pay £2-3 per day

Price 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

How does it work

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.

Register

Mockup Screen

Helping you share

Solving the sharing economy insurance problem

80%

OF HOSTS RENT THEIR REAL HOMES

29%

OF HOSTS HAVE NEVER BEEN GUESTS

£7500

AVERAGE TAX FREE EARNINGS P/HOST P/YEAR

88%

OF HOSTS FEAR DAMAGE TO THEIR PROPERTY

What our customers say