Travelers Plans How to Travelers Plans in The World
VRBO is an online marketplace where vacation rental owners can list their properties for rent to travelers. With over 2 million properties listed on VRBO, travelers can find a variety of vacation rentals to fit their needs. However, before booking a vacation rental on VRBO, travelers may want to consider purchasing VRBO travel insurance. But is VRBO travel insurance worth it?
What is VRBO Travel Insurance?
VRBO travel insurance is an optional insurance policy that travelers can purchase at the time of booking a vacation rental on VRBO. This insurance provides coverage for trip cancellation, trip interruption, travel delay, emergency medical expenses, and more.
What Does VRBO Travel Insurance Cover?
VRBO travel insurance covers a variety of travel-related incidents, including:
- Trip cancellation or interruption due to covered reasons
- Travel delay due to a covered reason
- Emergency medical expenses and medical evacuation
- Baggage delay, loss, or theft
- Rental car damage
How Much Does VRBO Travel Insurance Cost?
The cost of VRBO travel insurance depends on the cost of your rental and the level of coverage you choose. Typically, VRBO travel insurance costs between 6% and 12% of the total cost of your rental.
Is VRBO Travel Insurance Worth It?
Whether or not VRBO travel insurance is worth it depends on a variety of factors, including your travel plans, your budget, and your risk tolerance. Here are some factors to consider:
- How much is your rental? If your rental is expensive, you may want to consider purchasing travel insurance to protect your investment.
- What are your travel plans? If you have a complex itinerary or are traveling internationally, you may want to consider purchasing travel insurance for added protection.
- What is your budget? If you have a limited budget, you may want to skip the travel insurance and accept the risks.
- What is your risk tolerance? If you are risk-averse and want peace of mind, you may want to purchase travel insurance.
FAQs
| Q: Can I purchase VRBO travel insurance after I book my rental? | A: No, VRBO travel insurance must be purchased at the time of booking your rental. |
| Q: Can I cancel my VRBO travel insurance policy? | A: Yes, you can cancel your VRBO travel insurance policy within a certain time frame for a full refund. |
| Q: What is the difference between VRBO travel insurance and trip insurance? | A: VRBO travel insurance is a specific type of trip insurance that is designed for vacation rental travelers. |
In conclusion, whether or not VRBO travel insurance is worth it depends on your individual travel plans, budget, and risk tolerance. If you decide to purchase VRBO travel insurance, make sure you read the policy carefully and understand what is covered and what is not. And if you decide not to purchase VRBO travel insurance, consider other travel insurance options to protect your trip.