Do I still need HomeExchange Service if I have travel insurance? Kristina November 29, 2019 20:40 Updated Follow Please take note that HomeExchange Service is not an insurance but you are offered plenty of advantages that will protect your exchange. To better understand HomeExchange Service , click here. Related articles How does the deposit work with the Membership? Am I covered by HomeExchange Service if I take the yearly Membership for €130/year? What is the value of my home in GuestPoints ? Can I be reimbursed for the Membership? Where can I see when my Membership will renew and how much will it cost?