Page 8 - AO3rdQT2018PL

Home Sharing
Home sharing through companies like AirBnB and and VRBO can be an an an an an easy and and and fun way to supplement your
income make friends and and and indulge your
secret desire to own a a a a a a a bed and and breakfast However there are risks involved in in tin in renting out space in in tin in your
home home to to short-term guests Before you you leap into the home home sharing craze be sure you’ve got adequate coverage against potential risks What does my homeowners insurance cover?
Astandard homeowners policy provides four major areas of coverage First it covers damage or or destruction to your
home’s structure caused by fire hail lightning and other disasters spelled out in in your
policy Second it covers personal belongings destroyed
or damaged by insured disasters even when the damage happens off-premises Third it it i protects you you in in in in the the event o of bodily injury or property
property
damage damage to to to other people on on your
your
property
property
Finally it it i covers additional living expenses when you’re unable to to to live in in in in your
your
home due to to to damage damage from an insured disaster