He was married to Hallgerðr Höskuldsdóttir of Höskuldsstaðir in Laxárdal in Dalasýsla, who was known as Hallgerðr langbrók ("Hallgerður longpants").
Hoskuld was enormously influential in northwestern Iceland, particularly in the Laxardal region, and is one of the main characters of the first half of Laxdæla saga.