The cost of the insurance will be automatically calculated when the reservation is made and later appear on the guest confirmation. You also have the ability to run the Travel Insurance report to help you keep track of the premiums. This is a highly profitable add-on that protects both you the vacation rental company and your guests. If there is cancellation due to one of the covered circumstances, you, the management company, gets to keep the payments from the guest and the insurance company will reimburse the guest. It is a win-win for all parties! You also have the option of providing travel insurance to your guests that make their reservation through your website.
Functionality Provided
- Hurricane premium.
- User defined charging date.
- User defined percentages.
- Ability to add guest travel insurance charge to each New Guest Setup Charge.
- Reports which enable user to post travel insurance payments, thus clearing payments.