We know that for caravan owners, insurance is the difference between whether they hire it out or not. That's why we've teamed up with GUARDHOG to ensure our caravan owners can have peace of mind with comprehensive cover to keep their money in their pockets! So a massive welcome to GUARDHOG who've kindly put together a guest blog post for us showing the importance of insurance in the sharing economy and how it makes life much easier...
Sharing your stuff
From your camera or your power drill to bigger-ticket items like your home (think Airbnb) or your caravan – requires a fair bit of trust. Which is why insurance and the sharing economy are very happy bedfellows. And it’s also how GUARDHOG came about – a trailblazing sharing economy insurance platform. Camplify talks to Top Hog and co-founder Humphrey Bowles about why insurance is so important in these new sharing times…
I’m a bit obsessed with trust – especially as it underpins the sharing economy (which I’m obsessed with too). It’s fundamental to what’s known as ‘peer to peer’ transactions – i.e. borrowing something from someone or lending something to someone. But trust has to be backed up with insurance – because this reinforces the trust between existing participants. And, handily, it also builds reassurance for those reluctant (but potential) participants who might think sharing involves too many risks. It’s a win-win.
Making sharing safer – and more fun
Insurance – or should I say rather the idea behind insurance – is a very simple concept. Rather than crossing our fingers and just hoping that the worst won’t happen (for example, someone ruins the upholstery in your static caravan with the clumsy handling of a glass of Merlot) – instead we contribute to a pot that promises to compensate us if said glass of red does hit the carpet.
At GUARDHOG, what we’re trying to do is help make the sharing economy a more accessible place. We want to enable people to share. And why not – it’s better for the borrowers (a static caravan for just a fortnight… “I didn’t want to buy one anyway”) and the lenders (a static caravan that’s not sitting empty… “It’s a great to make some extra cash from it and relief someone is there looking after it”). We want to make it easier, and safer to share whatever you want.
On-demand cover for when you need it
GUARDHOG is a pioneering online platform for ‘users’ to manage their sharing insurance needs. We believe in the power of sharing while keeping people safe and we’ve built a model that for the very first time, makes sharing insurance accessible and efficient. We’re about trying to dramatically improve the way that insurance is distributed, discovered and consumed in a way that everyone can connect with and benefit from. That means we’re all about making sharing insurance accessible, and then really efficient to put in place.
We’re also promoters of on-demand cover. After all, why pay for an annual policy when you only dip in and out of sharing activities? As an example, most Airbnb hosts don’t have guests to stay every day of the year. That would be a bit much for even the most capable of hosts…
Exciting times ahead for sharing
Our flagship product is our Host Cover which has been specifically designed for the home-sharing market from the inside out – and that includes static caravans such as the ones right here on the Camplify site. It’s hassle-free insurance by the day giving hosts the peace of mind and security that they, their home and possessions are protected. The insurance covers malicious and accidental damage, theft by the guest, and public liability. It covers buildings and contents so for those living in flats and apartments it’s a great way to make sure your whole building is properly covered – share the peace of mind with your neighbours.
If you’re reading this, you’re probably part of the sharing economy, which is really exciting. Well, I'm going to push things now and say that the future of insurance within the sharing economy is really exciting too. Rather than being a grudge purchase like car insurance, our cover is going to become a fundamental part of the sharing ecosystem as it’s going to help users feel safe and protected when using peer-to-peer marketplaces. It’s going to help encourage more people to get involved and we’ve managed to make it accessible and efficient for everyone to use. That’s pretty cool and game-changing. Just like Camplify.
So what is Camplify?
We are the UK's fastest-growing peer-to-peer caravan hire and RV sharing community. Camplify is just like Airbnb, but for caravans, campervans, motorhomes, trailer tents, and lodges. We connect RV owners with holidaymakers in a safe and secure sharing environment. It's free to list and we take care of insurance and breakdown cover while your RV is out on hire. Find more information on insurance here
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