YOUR MONEY | 4 questions about property rental and insurance

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(Photo: GALLO IMAGES/GETTY IMAGES)
(Photo: GALLO IMAGES/GETTY IMAGES)

It’s becoming increasingly common for people to rent out rooms in their homes to save on living expenses. And during the holidays many people rent out their home or apartment on platforms such as Airbnb for extra income.

It can work well, but can also lead to unexpected expenses. We answer four questions about damage to your property and your insurance.

Guests could do anything from spilling red wine on furniture and breaking glasses to leaving with your towels and toiletries.

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