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REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

Replies: 4 - Pages: 1 - Last Reply: Dec 11, 2019 6:59 PM by: CWV
OPCD TX
Registered: 8/22/19
REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

Hello All,

We are moving over to a new booking process where we are requiring travel insurance. We are realizing that this is a must have as we are susceptible mother natures fury on the gulf coast. Has anyone ever implemented this year round? What are the pros and the cons, if any?

Lydia B
Registered: 5/8/19
Re: REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

Is that what other rental properties in your area are doing?

OPCD TX
Registered: 8/22/19
Re: REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

We have many who do this and some who do have a "NO CANCELLATION" AND NO REFUND POLICY

CWV
Registered: 11/21/19
Re: REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

OPCD TX said:

Hello All,

We are moving over to a new booking process where we are requiring travel insurance. We are realizing that this is a must have as we are susceptible mother natures fury on the gulf coast. Has anyone ever implemented this year round? What are the pros and the cons, if any?


I was told by CSA that we, in Texas by law and per TDI, could not force travel insurance or damage protection. Guests have to be offered as a choice. We used to build travel insurance into rate with a note to contact us if guest wants it removed - we were told, guests have to specifically choose to add travel and not just decline it. If guest declines damage protection then we can hold a refundable security deposit. We hold anywhere from $800-$1500 as a option to damage of $49. Anyone rarely chooses security deposit. Please let me know if someone knows differently.

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