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Home-sharing Exclusion
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…
Thank you for sharing!
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.
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Woman Caught STD in Car, Auto Insurance to Pay Out $5.2 Million
The Missouri woman sued Geico claiming that she contracted a sexually transmitted disease from the car owner after the two had sex inside a car covered by the insurer.
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