This is generally not a problem area as most insurance companies are more than pleased
to hear that your home will be occupied rather than left empty during your absence.

However, since 9-11, our members have discovered that many agencies and underwriters have adopted stricter requirements regarding notification about guests who will be occupying your home for an extended period in your absence. All members are, therefore, advised to contact your home insurance agency to confirm policy coverage.

In most cases you will find that your insurance policies (building and contents) will provide the usual coverage whether your home is occupied by friends, relations or exchange partners. However, most policies will not cover you for theft from the home unless there is evidence of forced entry. This is a standard clause which applies whenever you leave your home; it is not something specific to home exchanging.

You may be aware that many insurance companies charge an extra premium if you are leaving your home empty for 30 days or more. They will generally waive this charge if the home is to be occupied by friends (which includes your home exchange partners) or relatives who are effectively your personal guests.

A final positive note. One of our Alberta members has acquired from his agency this home insurance policy endorsement : "It is hereby understood and agreed, that coverage afforded by this policy remains in full force and effect while the insured participates in a foreign exchange vacation program." Coverage includes Canadian exchange partners as well as "foreigners".