What to keep in mind if you want to Airbnb your place this December

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What to keep in mind if you want to Airbnb your place this December

Airbnb. Picture: John MacDougall / AFP

It’s December and many homeowners are preparing to rent out their primary or secondary residences via Airbnb.

Airbnb has provided landlords and homeowners alike with the opportunity to make an income from connecting directly with guests looking for a comfortable location to stay in South Africa. There are important home insurance considerations that hosts need to consider before embarking on a rental agreement. Here are four factors to consider: If something goes missing, Airbnb isn’t liable Airbnb provides protection to its hosts by covering “up to $1 million (about R14 million) for damages to covered property. This in the rare event of guest damages above the security deposit or if no security deposit is in place.” This essentially means...



 


 

 

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