As of March 20th, 2024, Sparrow has partnered with Walnut Insurance Inc. (“Walnut”) to offer our members a complimentary Resident Liability Insurance (“Tenant Coverage”), further enhancing the protection and benefits of homesharing through our platform.
For housemates who enter into a Boarding Agreement or Rental Agreement on or after March 20th, 2024 with a Host through Sparrow, Housemates are automatically enrolled in Resident Liability Insurance.
The Tenant Coverage offers the following:
Bodily Injury Liability: Coverage up to $1,000,000 per occurrence for bodily harm occurring at the insured location during the policy term, with liability established against the resident certificate holder.
Property Damage Liability: Coverage up to $100,000 per occurrence for physical damage to the host’s property occurring at the insured location during the policy term, with liability established against the resident certificate holder.
Animal Liability Special Limit Endorsement: Coverage up to $100,000 per occurrence for damages arising from domestic pets owned or in the care of the resident certificate holder.
Additional Living Expenses: Coverage for necessary increased living expenses if the insured location becomes uninhabitable due to a covered loss, up to $4,000 or 20% of the personal property coverage limit, whichever is greater.