Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

57
Posts
43
Votes
Tiffany Cohen
43
Votes |
57
Posts

Property Damage Protection Plan Companies

Tiffany Cohen
Posted

Hi - looking for suggestions on companies who provide property damage protection plans. Looking to implement a non-refundable $79 type fee for $3k coverage that all guests must pay when booking. Is this something hosts can purchase each time a guest books or is it a fee that is helping to cover the cost of the overall insurance the host has that covers the property as an STR? Thank you!

  • Tiffany Cohen
  • Most Popular Reply

    User Stats

    12,460
    Posts
    15,181
    Votes
    John Underwood
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    15,181
    Votes |
    12,460
    Posts
    John Underwood
    #1 Short-Term & Vacation Rental Discussions Contributor
    • Investor
    • Greer, SC
    Replied
    Quote from @Tiffany Cohen:

    Hi - looking for suggestions on companies who provide property damage protection plans. Looking to implement a non-refundable $79 type fee for $3k coverage that all guests must pay when booking. Is this something hosts can purchase each time a guest books or is it a fee that is helping to cover the cost of the overall insurance the host has that covers the property as an STR? Thank you!


     Vrbo used to have that and I quit using it. I preferred to have a deposit. Maybe they did away with it if no one was using it?

    If you have the extra rental car insurance then you really don't care if you car gets dinged up. 

  • John Underwood
  • Loading replies...