How home-sharing (e.g., Airbnb) affects home insurance.

How home-sharing (e.g., Airbnb) affects home insurance.

Understanding Home-Sharing and Home Insurance Home-sharing has emerged as a popular avenue for property owners, thanks largely to global platforms like Airbnb. This practice allows them to earn additional income by renting out their homes or individual rooms to guests. While financially rewarding, home-sharing introduces a series of complexities, particularly concerning home insurance. Property owners

What is inflation protection in home insurance?

What is inflation protection in home insurance?

Understanding Inflation Protection in Home Insurance Home insurance serves as a crucial safety net, protecting homeowners from potential financial losses that might occur due to damage or destruction of their property. Amidst various components embedded in home insurance, a pivotal feature that homeowners should be keenly aware of is inflation protection. This feature ensures that