For high-net-worth clients with multi-million dollar properties, the coverage provided by the home-sharing platform might not be sufficient. (Photo: iStock)

According to a 2016 report by Pew, 72 percent of Americans have used some type of shared or on-demand online service.

As a result, you have probably heard your clients talk about such on-demand services, including short-term vacation rentals like AirBnB and Home Away, ride-hailing apps like Uber or Lyft, shared office spaces like WeWork, short-term clothing rentals and more.

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