The home sharing/ house rental market has seen tremendous growth. But what about the risks if something happens while a guest is on property? Instead of making claims on your insurance policy, this company integrates insurance liability coverage right into your reservation.
InsuraGuest Technologies, Inc.® (TSX Venture:ISGI) operator of InsuraGuest®, just signed a vendor agreement to integrated its insurance platform API with property management vacation rental company, OwnerRez, a vacation rental software that allows property managers to manage their vacation rentals. The agreement allows users to purchase InsuraGuest coverage and protect their properties against theft and damage.
The growth of this market includes professional hosts and property management companies, all within the OwnerRez marketplace. Once in use, the client will use InsuraGuest’s insurance coverages for primary no fault accidental medical and property claims made by guests.
Share of InsuraGuest have been trading up for the past month but were down 3.66% this morning, following the overall market trend.