Damage Protection - Batch Update Existing Bookings

OwnerRezJun 26, 20262m 23s2 viewsScore 88
Regulations & Compliance
intermediate
Insurance
OwnerRez
Automation
Problem Guests
M

Summary

AI-generated

This tutorial demonstrates how to batch update damage protection coverage for existing and future bookings within OwnerRez. It highlights the benefits of OwnerRez's integrated damage protection (powered by RentalGuardian), where the host is the insured party, and provides a step-by-step walkthrough for adjusting coverage levels across multiple properties.

Key insights

  • With OwnerRez damage protection, the host is the insured party rather than the guest, which provides an extra layer of protection and control over the claims process.

Mistakes to avoid

  • Choosing low coverage amounts (like Bronze $500) for properties where a single accidental incident could easily exceed that cost; OwnerRez suggests $1,500 as a safer standard.

Tools & resources

  • OwnerReztool

    A comprehensive property management system for STR hosts that includes integrated damage protection tools.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial