TORONTO, Ontario — The global sharing economy is booming. Companies like Uber, Airbnb and Turo are testing the traditional constraints of insurance and demanding a fresh outlook and innovative products from insurers.
Car sharing and property rental are common activities worldwide and there are unique insurance products to cover these industries – but what about people who want to rent out their RV or motorhomes?
Until recently, there was no simple way to insure a personal RV for commercial (rental) use in Canada.
Read the full story from Insurance Business Magazine.