If you’re one of the millions of people worldwide renting out your property on home sharing sites such as Airbnb, Wimdu, Onefinestay, and Homestay, you’ll need specialist host insurance cover in place.
Not all home insurance policies offer the right cover for hosting paying guests in your home, and, for some, it could even invalidate your normal home insurance.
Though the number of people advertising their homes on these sites is on the rise, there’s still some confusion among hosts over how offering your home for paid, short-term accommodation affects your insurance.
And we know shopping around for different types of insurance is a pain, which is we’ve created the simple host insurance bolt-on for homeowners to add to their new home insurance policies.
What you’ll get with Admiral Host Insurance
Designed for homeowners who make a bit of extra cash by renting out an empty room or their whole home on sites like Airbnb, host insurance offers you the extra cover needed for when a stranger is staying in your home.
What you get with Admiral’s host cover:
- Need to make a claim? Give us a call and we’ll sort out the rest – you won’t have to try and resolve the issue directly with your guests.
- Cover for paying guests in your home for a maximum of 90 days during your policy and no need to tell us every time you rent out your home.
- You can bolt our cover onto any of our tiers of home insurance – Admiral, Gold and Platinum.
- You’ll get up to £5,000 for your collective listed high-risk items if they’re stolen, vandalised, broken in a malicious act or suffer accidental damage when not locked in a safe or removed from your home.
With Admiral, the number of paying guests covered to stay in your home at one time can’t be more than double the number of bedrooms. So, for example, you can accept four paying guests in a two-bedroom property or a couple of guests in a one-bed.
The host insurance bolt-on can be added to any of our home insurance policies, with buildings, contents, accidental damage and home emergency cover offered depending on the level you need.
Do I need specific insurance to use Airbnb?
Your standard home insurance might not offer all the cover you need. You can add our Host Insurance bolt-on to any of our Home Insurance policies.
Some home-sharing sites offer cover when you list your home, but the level of protection varies from site to site so make sure you check the details carefully.
Here are three things you may want covered:
Buildings and contents insurance
- Combined buildings and contents
- Just buildings
- Just contents
Accidental Damage Cover
Accidents happen, we all know that. Not having the right cover in place if something you love gets damaged would be very annoying and could leave you out of pocket which, is why you may want to consider our Accidental Damage Cover.
It comes as standard on our Platinum policies or can be added as an optional extra on our Admiral and Gold levels.
Home Emergency Cover
Offering up to £500 for a tradesperson to temporarily repair your central heating, hot water and plumbing, in an emergency. Plus, you’ll get unlimited callouts.
Home emergency comes as standard with our Platinum cover or can be added to the other tiers. Claims can be made seven days after the policy start date.
With my insurance I also received admiral breakdown cover , This is the worst cover I've ever , broke down , left in a dangerous situation on a dual carriageway , was classed as emergency and still canceled one recovery truck , and had to wait another hour , had to call 999 due to near misses , Advised it was fixed , broke down again the next day and waited 2 hours rather the hour advised , told a mechanic would look at the car first none showed up , and the tow driver was only a tow driver Then advised the driver could only take me to the nearest service station , but a truck would be waiting , this didn't happen everytime they said a truck would be waiting there wasn't and no updates were given as promised , I had to call back every time 14 hours and 4 tow trucks , The second time advised a mechanic would come , none showed up again , just a tow truck driver , who arrived 2 hours late , was advised due to weather conditions , ? It was fine where I was and the tow company was 2 miles ups the road ! Towed the car home , had to get it towed to a garage , and the mechanic pressed one button ! One and fixed the car , said any mechanic would have down the same , fuel cut off valve , easiest of fixes , but yet it cost me a fortune due to no mechanic turning up , when I contacted them to complain they werent interested at all , So canceled my policy and took out another
Excellent insurance company, super service and great prices! Thank You Admiral!
Absolutely terrible. I took off a second car from a multi car policy as it wasn’t being used. Called in towards the end of May to add it back on and received confirmation. Today I receive a letter stating my car was seen driving without insurance! I signed in online and the car policy says expired. What a freak show