Utah-based InsuraGuest is taking advantage of the booming vacation-rental market. According to a recent report, vacation rentals are projected to match hotel bookings by the end of 2020 (http://nnw.fm/F0bdV). An article discussing the company reads, “Growth in the industry has been phenomenal, clipping along at a rapid CAGR of 6.9%. If that rate of expansion continues, vacation-rental revenues, estimated to be $57.7 billion for 2019, will climb to $86 billion by the end of 2025. . . . Naturally, with close to 300 million people traversing the globe, accidents will happen. But property owners are covered when they purchase InsuraGuest, which, in turn, offers the policy to registered guests for an additional nightly fee. The specialized policy affords coverage for theft of personal property while in the hotel, accidental in-room property damage, as well as accidental medical expense and accidental death and dismemberment, with policy limits ranging from $2,500 to $50,000.”
To view the full article, visit http://nnw.fm/Ff5Dk
About InsuraGuest Inc.
InsuraGuest is a SaaS (Software-as-a-Service) company utilizing its proprietary flagship InsurTech software platform to provide specialized insurance products to end users in the business-to-business (B2B) and business-to-consumer (B2C) markets. The company’s first focus is on the B2B hotels and vacation-rentals sectors, where its API integrates with the clients’ property-management systems to offer guests a specialized guest-protection policy. The platform and policy combination InsurTech product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage during their stays. For more information, visit the company’s website at www.InsuraGuest.com.
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