Rental Damage Protection: Contents Only
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Rental Damage Protection – Contents Only
Our program provides first-dollar coverage for most “to-the-studs” contents damages including flooring, carpeting, dry-wall, appliances, furniture and other items that are part of the rented-unit. If accidental damage should occur during a covered stay, managers receive reimbursements covering the costs of repair and/or replacement of the damaged items.
How It Works
Whenever a guest reports damage or damage is discovered at-check out, managers initiate guest-verified damage submissions through our exclusive, online claims portal, and receive reimbursements for approved damages directly from the underwriter.
Damages are processed through the automated online RentalGuardian.com claims management system, and the coordination of repairs and documentation are handled between the lodging provider and the underwriter-appointed, RentalGuardian.com-enabled, licensed Program Administrator.
Managers have two weeks from the day of check out to complete the damage submission. The damage adjudicator reviews the information and processes the claim typically within one week. The average turn around for reimbursement from the day of check out is 28 days. Payments are made directly to the Manager via hard check or ACH.
Rental Damage Programs are underwritten by Lyndon Southern Insurance Company of Jacksonville, Florida and by Nationwide Mutual of Columbus, Ohio. Rental Damage Programs aka StayProtect Damage Protection.
Advantages
Low-cost retail charge determined by manager according to your market-needs.
Coverage is mandatory with every booking.
Manager avoids the clutter of paper claims forms, faxes, juggling receipts, and pictures of damages.
Manager elimates frequent claim-related phone calls back and forth with underwriters.
Manager earns substantial administrative and referral fees with each transaction.
Owners and managers gain confidence by receiving full replacement cost for ruined items.
Managers attract more owners by offering better coverage and peace of mind.
Managers eliminate security deposit headaches.
Coverage Feature |
Daily |
Flex-Term |
Long-Term |
| Program | Daily Rate | Day / Week / Month | Month / Quarter |
| Available Coverage | US & Non US based locations | US & Non US based locations | US & Non US based locations |
| $1,000 Coverage | $1,000 | $1,000 | $1,000 |
| $1,500 Coverage | $1,500 | $1,500 | $1,500 |
| $3,000 Coverage | $3,000 | $3,000 | $3,000 |
| Underwriter | Certain Underwriters at Lloyd’s of London | Certain Underwriters at Lloyd’s of London or Fortegra | Certain Underwriters at Lloyd’s of London |
| Am Best Rating | (A) | (A) | (A) |
| Coverage Length | 1 to 365 Days | 30 Days, Renewable | 90 Days, Renewable |
| Service Referral Fee Underwriter | Fixed, up to 50% Fixed Retail | Fixed, up to 50% Fixed Retail | Fixed, up to 50% Fixed Retail |
Coverage Information |
Learn More | Learn More | Learn More |
For More Information or To Enroll
For questions or to request to speak with an agent, call (943) 286-5144
Insurance supporting Property Protection Contents programs is underwritten by Certain Underwriters at Lloyds of London, Nationwide Mutual of Columbus, Ohio (NAIC #23779), and Evanston Insurance Company (a Markel company) of Rosemond, Illinois (NAIC #35378). Markel Insurance company is located in Glen Allen, Virginia.