Irish Independent: Your Questions – Home insurance

Q: In January I submitted an “escape of oil” claim to my insurer, which has been declined on the basis that my tenant was letting two rooms in the house through Airbnb. I had no knowledge that this was going on. How did the insurer know?

According to Deirdre McCarthy of Insuremyhouse.ie, Airbnb activity is treated as a commercial interest from an insurance and Revenue perspective. This means the use of the property stands outside the terms and conditions of a standard home insurance contract.

https://www.independent.ie/business/personal-finance/your-questions-how-much-can-we-borrow-to-allow-us-buy-a-bigger-home-38010172.html