Effective 18th December 2020, the NSW Government are introducing a mandatory Code for Short term Rental Accommodation (Code). There are a number of new obligations that you as a host need to be aware of when renting your property on a short term basis throughout NSW.
One of the new obligations is the requirement to hold insurance cover for third party liability and death. Most landlord policies have a liability section to cover you but we recommend you contact your insurer or insurance professional to ensure you are covered.
Click the link to find the full details of the Codes new obligations- NSW Fair Trading -STRA.
Homsure has a team focusing on short term rental insurance and can provide you with a no obligation free quote and we will ensure your cover meets the Code insurance obligations.
Important Information This information is provided to assist you in understanding some terms, implications and common considerations of Landlord Insurance, it is not complete, so please request full details from Homsure. You should consider the Product Disclosure Statement (PDS) in deciding whether to buy (or continue to hold) this insurance and also whether this insurance is appropriate for you. The PDS can be obtained from Homsure. Deductibles, exclusions and limits apply. Landlord Insurance is issued by various insurers.