What it does
The 2022 homeowners program treats home-sharing as a business activity and limits coverage for it. This endorsement broadens Section I and Section II coverage for the insured's home-sharing host activities, subject to its own conditions. ISO issues it in six numbered versions (HO 06 62, 06 63, 06 64, 06 65, 06 66 and 06 68); the current multistate edition is 09 22.
Who needs it
Homeowners and condo owners who rent rooms or their whole home through home-sharing platforms.
Quoting and selling notes
- Ask about frequency, platform, number of guests and whether the platform's host protection applies; frequent rentals may belong on a dwelling or commercial policy.
- Pair with DL 99 68 when the client has an ISO personal umbrella.
Editions and availability
Editions in use and where they apply: 09 22 (41 jurisdictions); 03 22 (1 jurisdiction: VT); 02 17 (9 jurisdictions: AL, CA, CT, FL, GA, HI, LA, TX, VI).
Section II changes affect umbrella placement. The ISO personal umbrella (DL 98 01) needs its own excess endorsements for business pursuits, home business, home day care and home-sharing exposures, so confirm the umbrella responds before relying on a homeowners endorsement for a business-type exposure.
