Renting out your home for holidays via a site such as Airbnb can seem like a great opportunity to make some extra money, but be aware that there can be insurance implications which you need to consider. Insurance Startup, Bought By Many, offers these top tips to help you ensure that you don’t get caught out…
• You must tell your insurance company if you’re an airbnb host. If you don’t make them aware that you have guests staying at your house, even occasionally, they may refuse to pay out on an insurance claim you make, even if the claim has nothing to do with an airbnb guest.