Are you tired of losing travelers due to your security deposit requirements? We know that deposits are an essential part of the travel business; but they may stop travelers from booking your property. Thinking in how to make life easier to our property owners and travelers we have teamed up with Travel Guard (one of the nation’s leading providers of travel insurance) and we are the first vacation rental website to offer travelers a specially designed Accidental Rental Damage Insurance Protection Plan that will help reduce property damage concerns.
How Can Property Owners Benefit from the Accidental Rental Damage Insurance?
• You can offer it to your guests as an added value in lieu of requiring a deposit.
• Your guests will no longer need to worry about how much or when their security deposit will be returned, which may result in more bookings.
• You will no longer need to go through the hassle of collecting security deposits, managing the money or spending time and resources refunding these fees.
Insurance Costs and Coverage
There are two Accidental Rental Damage Insurance options for your guests (You may also opt to include this cost as part of the rental agreement):
Base Premium $45USD: Up to $1,500 coverage if the property or its contents are damaged during their stay. To learn more about this Travel Insurance Plan visit: http://rentalo.com/docs/insurance.html.
Base Premium $69USD: Up to $3,000 coverage if the property or its contents are damaged during their stay. For more information about this Travel Insurance Plan visit: http://rentalo.com/docs/insurance.html.
We continue working hard to make your Rentalo experience as rewarding as possible!