"Most homeowner’s and renter’s insurance policies do not cover regular commercial activity in the home."

"The first hurdle is a big one: homeowner’s insurance policies are not designed to cover business enterprises. Should something go awry—an injury, say, or serious property damage as a direct result of the renter's presence in the unit—the questions quickly becomes whether or not the insurance carrier will respond to or deny the claim."

"If you’re conducting a business, on a full- or part-time basis, by renting out your home or apartment (or a room in your home or apartment) as a way to earn money, your homeowner’s or renter’s insurance policy probably would not provide liability coverage."

"There are significant implications, because the personal liability part of homeowner’s policies typically excludes or restricts coverage for business activities."

"Homeowners’ policies vary from insurer to insurer and from state to state, but they almost always exclude coverage for homeowners who are running a business in their homes. If you earn money by frequently renting out your home to short-term paying guests, your insurer could claim you’re running a hotel or bed and breakfast business and deny coverage if one of your guests has a problem."