Broadened Home-sharing Host Activities Endorsement

 March 13, 2017

 Summary: Home-sharing in another sharing technology similar to ride-sharing, but in this instance the insured shares his home with strangers. People arranging through an online application to rent their home or a room in their home for a short period of time; they may go on vacation and rent their home out while gone, or rent out a room or two while there for extra income. The sharing of one's home on a for profit basis and the risks therein was not contemplated when the standard homeowner forms were created. ISO has added both an exclusion that clarifies that home-sharing is not covered by the standard homeowners forms, and an endorsement that does provide coverage for home-sharing. That endorsement is discussed here. For a discussion on the exclusion, see Home-sharing Exclusion. An updated discussion on the 2022 edition of the form can be found here.