TORONTO, ON - Hostaway, the unique all-in-one vacation rental software for ambitious property managers, is pleased to announce a new partnership with InsuraGuest Technologies.
Users of Hostaway, including professional hosts and property management companies of vacation and short-term rentals, can now purchase InsuraGuest Hospitality Liability coverages. They can elect to use the InsuraGuest Hospitality Liability coverages by filling out an application for InsuraGuest within the Hostaway dashboard. Once in use, the client will use InsuraGuest coverages on a primary basis to address claims made by guests. The InsuraGuest Hospitality coverage options will provide coverage for accidental property damage, theft of guests' personal property while at the rental, as well as accidental medical expenses.
InsuraGuest has integrated with Hostaway’s software through its proprietary API, which will enable Hostaway's users to transfer certain liability exposures to the InsuraGuest carrier once they are signed up. By transferring certain liabilities, the covered short-term rental properties can lower their claim ratios and risk profiles, which may decrease their general liability and/or homeowners' premiums.
"We are excited to begin our relationship with InsuraGuest," said Marcus Rader, Hostaway's founder and CEO. "Providing our customers with access to an insurance vendor like InsuraGuest helps protect their properties and provide peace of mind to their guests."
Douglas Anderson, CEO and chairman of InsuraGuest Technologies, stated, "Hostaway is one of the largest and fastest growing short-term rental property management software companies in the world, and we are excited to be the only insurance vendor they will currently offer to their clients."
Hostaway’s platform, with award-winning customer support, helps its users scale up their vacation and short-term rental businesses through managing marketing, sales, accounting, reporting, payment and communication all in one place.