Original Message:
Timeshare Rentals - Risk of Damage to Unit and Protections (by Den):
I have never had any problem with damage to a timeshare unit by a renter. However, I believe this risk exists.
Does anyone have insurance or another means of capping, reducing or eliminating this risk? Would the resort charge the guest for the damage using the credit card on file? Has anyone ever had a problem with such damage?
Another thought - If an agency rents out the unit, taking a commission, selecting the tenant, billing the tenant, etc, do they take on this risk?