28 March 2018, author: Mirjam Arnold, photo: iStock
Airbnb has become more and more popular in recent years. Earning a little money on the side when you’re on holiday, for example, sounds very tempting. If you are thinking about making your apartment available to other people, you should pay heed to the following points:
Subletting is permissible in principle, but must be agreed with the landlord and comply with the landlord’s rules.
As the tenant, you are liable to the landlord for any loss or damage. If, for example, a window gets broken, you will have to pay for it, as a rule.
Some providers, such as Airbnb for example, offer host guarantees against such damage. Even so, it is advisable to take out private liability insurance. It also means that you are insured if a guest comes to harm in your apartment. In addition, supplements to the private liability insurance such as “waiver of gross negligence” and “all risks” are sensible in this situation.
Host guarantees do also apply in principle to damage to furnishings. In any case, it is important that you set the sum insured in your contents insurance policy high enough. People often underestimate the value of their own possessions. In the event of a cover shortage, you may suffer reductions in the terms of damage.
If you want to let a room commercially, your insurance will have to be modified. In this case, you should contact an insurance advisor.