Built by owners, for owners.

REQUIRED -> TRAVEL INSURANCE, THOUGHTS?

OPCD TX
Oct 15, 2019 5:48 PM
Joined Aug, 2019 18 posts

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
Oct 15, 2019 9:24 PM
Joined May, 2019 159 posts

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

OPCD TX
Oct 16, 2019 10:20 AM
Joined Aug, 2019 18 posts

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

CWV
Dec 11, 2019 6:59 PM
Joined Nov, 2019 38 posts

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.