Insuring the Sharing Economy


The label “sharing economy” generally refers to markets in which individuals rent assets and obtain services directly from one another, coordinated through mobile and Web-based technology. Just as eBay allows individuals to act as retail merchants, sharing websites such as Uber and Airbnb enable individuals to act as taxi drivers and hotel operators or provide other services. 

This course focuses on the insurable exposures, deficiencies in standard insurance policies, and endorsements available to properly address these exposures.

Learning Objectives

Upon completion of this course, students should be able to

  • identify key characteristics of the sharing economy
  • recognize examples of sharing economy activities
  • recognize the insurance implications of car sharing and home sharing
  • identify the limitations of standard personal auto policies and homeowners policies in dealing with car-sharing and home-sharing exposures
  • recognize the effect of Insurance Services Office, Inc., endorsements that deal with car sharing and home sharing
  • provide an informed response and appropriate coverage to clients engaging in car-sharing and home-sharing activities

Designed For

P&C producers; adjusters
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

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