BondCover is currently not available.
Applying for Snug BondCover does not affect your credit rating.
Defaulting on paying a valid claim with Snug does not affect your credit rating but may affect your ability to get BondCover in the future.
Default on paying a claim validated by a Tribunal, in excess of the bond amount that leaves the owner out of pocket, may affect your tenancy record. This would be unrelated to BondCover.