Pre Header “WE BUILD RELATIONSHIPS”  847.258.5310

 



  • Home
  • Get A Quote
    • Automobile
    • Bonds
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Workers Compensation Quote
      • Auto Repair Quote Form
      • Auto Body Shop Quote Form
      • Apartment Quote Form
      • Manufacturing
    • Construction
    • Group Health
    • HealthImage of right arrow
      • Long Term Care Insurance Quote
      • Individual Health Insurance
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
      • Homeowner Flood Quote Form
    • Life
    • Medicare
    • Restaurant
    • Vision
  • Customer Service
    • AutomobileImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Add Vehicle to Existing Commercial Auto Policy
      • Remove Vehicle from Existing Commercial Auto Policy
      • Add Driver to Existing Commercial Auto Policy
      • Remove Driver from Existing Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • Other
  • Blog
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Free Reports
    • Insurance Glossary
    • Frequently Asked Questions
    • News Center
  • About Us
    • About Heil and Kay Insurance Agency Inc.
    • Location Map
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Get a Quote
Interested In
Zip Code
Insurance Options
 
Browse through a variety of the best insurance options now...Get Started
Business Insurance Options
 
Browse through a variety of the best business insurance options...Get Started
Employee Benefits Options
 
Browse through a variety of the best employee benefits options...Get Started
Personal Insurance Options
 
Browse through a variety of the best personal insurance options...Get Started
Specialized Industry Options
 
Browse through a variety of the best specialized indurstries options...Get Started
Quick Links
Home > Blog > Home Sharing and Homeowners Insurance
WEDNESDAY, MAY 23, 2018

Home Sharing and Homeowners Insurance

Share and Share Alike

In the growing sharing economy, home-sharing has become a hot-button topic and a valuable source of income for homeowners. If you're considering taking the plunge into the home-sharing marketplace, here are some important homeowners insurance considerations and questions to ask your agent.

1. Is there a difference in homeowners coverage for a one-time rental versus multiple rental periods? Most homeowners insurance policies will provide both property and liability coverage for a single, special occasion; however, multiple rentals may become a business exposure that needs to be handled differently.

2. Does homeowners insurance cover personal property of a paying guest? In many cases, paying guests would need to look to their own homeowners, condo or renters policy for personal property coverage.

 

3. Will homeowners insurance respond to injuries or damages caused by paying guests? Typically, the liability section of the homeowners policy would not extend to the guest.

There are precautions that should be taken in order to make the home-sharing process a smooth venture. Start by talking to your agent about what a standard homeowners policy does and does not cover and discuss possible endorsements that can be added to the policy to provide coverage for this growing facet of the sharing economy.


Posted 12:24 PM

Tags: homeowners insurance, homeowners insurance policy, homeowners insurance and home-sharing, airbnb and homeowners insurance, personal property coverage,
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2018
  • 2014
  • 2013

  • business insurance(7)
  • homeowners insurance policy(6)
  • homeowners insurance(6)
  • commercial insurance(5)
  • auto insurance policy(4)
  • cyber liability insurance(4)
  • workers compensation insurance(4)
  • commerical insurance(3)
  • commercial auto insurance(3)
  • insurance(3)
  • auto insurance(3)
  • liability insurance(2)
  • commerical auto insurance(2)
  • cyber insurance coverage(2)
  • recreational vehicle insurance(2)
  • life insurance quotes(2)
  • cyber insurance(2)
  • business owners policy insurance(2)
  • commerical property insurance(2)
  • data security insurance policy(2)
  • homeowners insurance coverage(2)
  • michelin(1)
  • internet of things exposure coverage(1)
  • certificate of insurance(1)
  • workers' compensation insurance coverage(1)
  • cyber protection(1)
  • cyber liabiltiy insurance(1)
  • cyber security insurance(1)
  • telematics(1)
  • windstorm insurance coverage(1)
  • water damage insurance coverage(1)
  • commercial auto insurance policy(1)
  • open perils coverage(1)
  • homeowners insurance enhancments(1)
  • commercial insurance policy(1)
  • live insurance(1)
  • health insurance policy(1)
  • bop insurance policies(1)
  • data insurance(1)
  • liability insurance coverage liability insurance policy(1)
  • travel insurance(1)
  • homeowners flood insurance(1)
  • marketing advice(1)
  • nfip(1)
  • employee comp insurance(1)
  • slips and falls insurance coverage(1)
  • medicare eligibility(1)
  • liability coverage(1)
  • employers liability insurance(1)
  • workers(1)

View Mobile Version

 

  Our Site Links
Home Page
Who We Are
Map & Direction
Get A Quote
FAQ
News Center
Contact Us
    Type of Insurance
Business Insurance
Employee Benefits
Personal Insurance
Specialized Insurance
Insurance Glossary
Policy Review
     Get Connected with Heil & Kay
               
 

IRA Website