Insurance

Insurance & protection

FlipYo helps facilitate optional and obligatory coverage depending on what's being shared — so both borrowers and lenders can transact with confidence.

Low-risk items

Books, furniture, camping gear

No insurance is required, but you can add protection at checkout for peace of mind.

  • Optional liability insurance 3%
  • Optional full coverage +10%
Medium & high-risk items

Electronics, camera gear, drones

Liability insurance is automatically added at checkout for these categories.

  • Obligatory liability insurance 7%
  • Optional full coverage +10%

Example: renting a camera

500 DKK rental +35 DKK liability (7%) +50 DKK full coverage (10%) 585 DKK total

Optional security deposit

Lenders can also set a refundable deposit, chosen at listing time. It's held securely during the rental period and fully refunded once the item is returned without issues.

FlipYo acts solely as a platform facilitator. We do not take responsibility for any damage, loss, or claims that occur during the rental period, regardless of whether the item is insured. Liability and full coverage claims are handled directly by the insurance provider or the optional deposit process. Full terms are set out in our Terms of Service.