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Insurance Waiver
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<>This went into Oct. 2007.  

Note:

DOS, CHANGO, MANSION, UVAS, CINI , MONDO  still require the same security deposits as always (posted on the website)(they do not offer the waiver.)

 

Damage Waiver Fee

We have learned that our vacationers do not travel hundreds of miles to damage a home or rental unit. At the same time, experience also tells us accidents can and do happen. We require a Security Deposit of $500 to$1000 on all properties depending on the property.  Most clients choose to pay a non-refundable Damage Waiver Fee. The Damage Waiver fee for Studio – 2 bedroom unit rentals is $25. The Damage Waiver fee for all property rentals 3 bedrooms and larger is $50. The fee is in lieu of the damage deposit and is an insurance fee to cover accidental damage or loss up to $500 at studio to 2 bedroom size properties, and $1000 at 3 bedroom and larger properties. If damage occurs during your stay, guest must notify the Reservation  office immediately to have the damages/loss covered.  The policy does not cover acts that are intentional or due to gross negligence, willful/wanton conduct. You will forfeit coverage if you fail to report the damage/loss before departure from the property. Theft or damage of any property owned by or brought onto the premises by a Guest is not covered under this waiver. If malicious or intentional Guest damage occurs, or any damages in excess of $500 for Studio to 2 bedroom size properties and $1000 for properties 3 bedrooms or more, the Guest will reimburse Agent and/or Owner the full replacement costs including attorney's fees and guest agrees that the credit card on file may be charged after the rental for said additional repairs, damage, or breakage in excess of the insurance coverage. A few select Condos/Villas may alternatively require the security deposit of $1,000-$5,000 instead of the waiver. Please report any problems or damages observed in the rental property upon check-in.  Unreported problems and /or damages are assumed to have occurred during occupancy and guest shall be held responsible for those damages. Security Deposits, if you do not elect to take advantage of the Damage Waiver Plan, will be refunded within 30 days of your departure providing no damage is found. Additional security deposits are required if and when weddings or other gatherings are authorized

 This applies to homes in Residencias Reef, Miromar, Nah Ha, Cantamar, Cozumel Caribe and others. This does not apply to all homes. 


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