Share
Short-let is the perfect way to generate extra income. City Relay offers to relieve homeowners from the hassle of short-letting their properties in London. To give homeowners even more peace of mind, we partnered with Guardhog, a host insurer.
Host insurance, why is it important?
Home-sharing platforms such as Airbnb are a great way to earn an extra income from a room or property. However, fully comprehensive home insurance is not enough to protect your property from risks, damages or accidents caused by guests. Most home insurance policies don’t account for the risks associated with renting your space to paying guests. They won’t cover claims related to those guests – leaving you without protection when you need it the most.
This is where host insurance comes in. At City Relay we partnered with Guardhog so you can rent your property without worries. We take care of everything so you don’t have to and Guardhog will cover your security, property and personal belongings.
What does Guardhog insurance cover?
Guardhog provides a comprehensive cover for occupied short-term rental properties. Here’s an overview of what they can cover.
- Building damages by a guest, up to £1,000,000
- Contents damage or theft by a guest, up to £100,000
- Legal liability for bodily injury to a guest, up to £2,000,000
- Home-sharing liability for guests, up to £2,000,000
- Replacement locks and keys required due to a guest, up to £1,000
- Infestation caused by a guest, up to £1,000
- Identity theft by guest, up to £1,000
- Loss of income caused by a guest, up to £1,000
The details of the coverage will vary from one property to another – so property owners are encouraged to clearly define what type of protection they are looking for. Through this partnership, City Relay wishes to provide property owners with the capacity to protect their assets and ensure their claims will be recognised.
Host insurance benefits
Airbnb offers the Host Guarantee – but it has limited coverage. In case of damages, hosts can raise claims within 14 days after checking out or before the next guest checks in (whichever is earlier). If a guest declines your claim, Airbnb will try to resolve it and the decision can go either way.
This is not promising for hosts who want to maximise their property’s profitability.
This is why it’s important to seek your host insurance. Guardhog is the best choice for more significant damages in short-term rentals. Make sure you enjoy the perks of the home-sharing platform without worrying about unrecognised claims.
More about Guardhog host insurance
City Relay’s partnership with Guardhog ensures you get the best coverage at a reasonable price. The payments can be arranged on top of the booking rate so you don’t have to worry about the extra expense. Reach out to City Relay to completely protect your short-term rentals.
Becoming a host is quick and easy. Simply click the button below and fill out your details to view your property’s earning potential!
