'GaragePointer' is the name of a new service that makes it possible for users to share or rent out excess garage storage space.
The service is expected to be a hit among car collectors who simply find themselves short on space, although there is also room for garage-seekers who could use a bit of extra storage space for their personal items. As of now, the service is currently only operating in California, Oregon and Washington, although there are plans for expansion in the coming summer months. There are also future plans to offer insurance policies to both parties involved in the shared rental service.
The sharing economy has inspired the creation of everything from P2P delivery services to shared vehicle insurance plans, making it possible for all parties involved to enjoy the benefits of shared ownership.