Protect Your Vacation at a Rental Cottage

Here are the things that can go wrong:deposit to fix the damage and if it is not enough -
1. Cancellationclaim his/her own insurance.
Situation: You booked a cottage in advance, butIt is almost impossible to get the insurance from
you cannot go due to some emergency (death in3rd party for your damage deposit, however
the family, illness, jury duty, your house burnedsome rental agencies provide Damage Protection
down, etc).plan, e.g. Rent Cottage. The price of such plan is
Solution: First, you need to become familiar witharound $50 and it gives you complete coverage
the cancellation policy of your rental. All(but it does not mean that you can go completely
respectable cottage owners or rental agencieswild).
should have Terms and Conditions document thatHere are some tips how to make sure that you
you sign/agree during the booking process. Thisare not losing your damage deposit:
document should clearly outline the cancellation-Inspect the cottage at the arrival and inform
policy. In most cases if you can notify thecottage owner about all existing damages.
cottage owner in advance, there is a chance that-If you or somebody from your party caused
the cottage can be re-booked and you will getany damage, please inform the cottage owner.
refunded. Even if your rental dates are gettingFirst, you always need to be responsible for your
re-booked, rental agencies still charging cancellationdeeds and secondly, you will have a chance to
fee that is in $100-$200 range.negotiate the price of your damage rather than
Second, you can purchase cancellation insurance.losing complete deposit;
There are multiple brokers that provide such kind- Upon departure, arrange second inspection with
of insurance for cottage rentals. There arecottage owner or his/her trusted person to make
companies that will insure your trip, but you wouldsure that there are no new damages. Ask to put
need two documents if you want to claim yourthe results of the inspection in writing and keep
insurance - proof of payment and proof ofthis document until your damage deposit if fully
accident (death certificate, doctor's note, pink slip,refunded.
etc). Please note that they will note reimburseUnfortunately, if the cottage owner does not
your money if you "just changed your mind".want to return your damage deposit and you feel
The cost of cancellation insurance is verythat it is not fair, there is nothing much you can
reasonable - usually less than 5% of your tripdo except going to the Small Claims Court and/or
cost. For example, I was charged only $75 forsharing your experience on the internet by writing
my $2,000 1-week vacation at the privatereviews.
cottage.3. Medical Emergency
2. DamageIf you live in Canada and renting cottage in
Situation: Something was broken or damagedCanada, you don't need to worry about your
during your stay at the cottage. It can beMedical Insurance, since all Canadians are covered
furniture, doors, windows, toilet, roof, etc.by the government. All you need to do is not to
Solution: Terms and Conditions document shouldforget your Health Card.
outline your responsibilities in case of damage.If you are travelling from abroad, I strongly
Most cottage owners should have their ownrecommend you to purchase the medical
cottage insurance that covers damages causedinsurance from travel insurance company (the
by renters. Be aware that some cottage ownerscompanies outlined above also provide medical
are not disclosing the fact that the cottage getsinsurance).
rented by the outsiders to their insuranceBefore arriving to the cottage, you need to find
company in order to save money on insuranceout where is the location of the closest hospital. In
premiums. In these cases the damage caused bycase of real emergency, call 911 (preferably from
renters is not covered.the local phone).
Cottage insurance has a deductible that usuallyMost likely your vacation will go without any
equals to your damage deposit. So, if somethingaccidents, but don't leave everything to chance.
will go wrong, cottage owner can use your