Wednesday, August 26, 2009

Deposit Insurance for Vacation Rentals Thru ivacationonline Vacation Rental Software is proud to announce our new partner, TRAVEL GUARD and their Deposit Protection Plan.
Managing a vacation rental is getting easier everyday. With the online booking, reservation system and vacation rental software that provides, running a vacation rental keeps getting easier and easier.
Now with the TRAVEL GUARD ACCIDENTAL RENTAL DAMAGE INSURANCE there is no reason to take and hold and then return a security deposit. For a one time fee of $45 that you charge to your guest, there is a policy placed on the lease that covers the owner up to $1500 in accidental damages. What is an accident? Well, it does not cover anything intentional. If there is an accident, junior bounces a ball and it beaks a lamp, then you file a claim thru the vacation rental software and you, the owner receives a check from Travel Guard. *per the terms and conditions.
Why should you as an owner offer this? One reason is it will keep your cost to book with you down. If you are taking a $500 security deposit, the guest must give you an extra $500 when booking. That is replaced with a $45 fee. So if the guest is shopping around your rates may now appear to be less. Then you as the owner will not have to track that, and then return it after the stay. So it will help with your booking rates and it is less work on your end.
Then you now have $1500 in coverage where before you may have taken a $500 deposit and what do you do when there is more than $500 in damage? You just tripled your coverage.
The vacation rental reservation system does all the work. You simply tell the system you want to participate in this program, then each booking will have a $45 fee added to the booking and the insurance is placed on the booking for you. This is all done behind the scenes at The only you will ever have to do it file a claim, which is a form in your admin if one needs to be filed. Simply fill it out and press send!

The best news is, you as the property owner gets paid for participating in this program. So you make money on the selling of the insurance on your property.
Keeping things simple and staying on the cutting edge in the vacation rental business is what is all about. We are here to make it easy to book online and to bring all the tools an owner or manager needs to have a successful property rental business.
Look for more updates on TRAVEL GUARD TRAVEL INSURANCE soon on the system.

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