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Here are a few tips and things to be aware of

1. Clearly communicate with your insurance broker about your rental plans.

2. Be aware that renting to multiple tenants through websites like Air BNB and HomeAway may trigger coverage exclusions or limitations.

3. Failure to notify your insurance carrier before renting may result in the denial of a claim and potential cancellation of your policy.

4. If you decide to rent, be sure to require your tenant to provide proof that they have their own liability coverage while in your home.

5. With renting comes increased liability exposure.  Please review your personal liability limits and increase this important coverage.