From Owner: How do you handle the damage cost if the renter did it to your unit?

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From Owner: How do you handle the damage cost if the renter did it to your unit? (by Shirley Z.):

I am a timeshare owner. For the first time, I want to see whether I can rent my week thru Redweek. Since I have never rented my week before, I want to know how safe for owner to rent the week? How do you handle the damage cost, if there is any happened during the week by the renter? Your past experience will be greatly appreciated.