What it does
The unit-owners form restricts coverage when the unit is rented. HO 17 33 schedules the rental of the residence premises and restores theft and liability coverage for the rental exposure.
Who needs it
Condo owners who rent their unit full time, seasonally or occasionally.
Quoting and selling notes
- Ask whether rentals are long term or short-term/home-sharing; check HO 06 66 for broadened home-sharing on HO 6 policies.
Editions and availability
Editions in use and where they apply: 03 22 (41 jurisdictions); 02 17 (11 jurisdictions: AL, CA, CT, FL, GA, HI, LA, NC, TX, VI, WA); 10 00 (1 jurisdiction: PR).
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.
