Home-sharing Exclusion

 March 4, 2017

 Ride-sharing was one of the early sharing economies and rapidly became enormously popular. Businesses even have corporate accounts for Uber or Lyft. Home-sharing rapidly followed along, with 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. As with ride-sharing, 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. Now that it has become popular, ISO has developed endorsements in order to deal with the popularity of home-sharing.