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Property Protection Plan

Guests are encouraged to secure their investment with a property protection plan protection plan that covers unintentional, accidental damages to the rental unit that occur during your stay, provided they are disclosed to The Hugh Merkle Team at COMPASS RE – Avalon and Stone Harbor office prior to check-out. The $29.50 policy will pay a maximum benefit of $3,000. Any damage that exceeds $3,000 or is not covered, TENANT will be responsible for and will be billed directly.

If during your stay at one of our rental properties, an insured person causes any damage to real or personal property of the unit as a result of inadvertent actions or omissions, the insurer will reimburse the insured for the cost of repair or replacement of such property up to a maximum benefit of $3,000. Certain terms and conditions apply. The Hugh Merkle Team at COMPASS RE – Avalon and Stone Harbor shall submit and process claim on behalf of the TENANT. Should the claim be denied, deemed intentional or exceeds $3,000.00 of coverage, the TENANT agrees to take full responsibility for claimed damage costs. Full Details of the property protection plan are contained in the certificate of insurance and insurance policy. The property protection plan must be purchased a month before check in with your final rent payment.

By submitting payment for this plan, you authorize and request Rental Guardian and their preferred provider underwritten program to pay directly to COMPASS RE – Avalon and Stone Harbor the amount payable under the terms and conditions of the property protection plan.

If the TENANT does not want to purchase the above property protection plan, TENANT may proceed with the traditional security deposit collection method of paying $3,000.00 (check made payable to “COMPASS RE ” with the balance of their final rent payment is due). Please notify The Hugh Merkle Team at COMPASS RE – Avalon and Stone Harbor of your decision to decline the purchase of the Property Protection Plan so The Hugh Merkle Team at COMPASS RE – Avalon and Stone Harbor can add the Traditional Security Deposit Collection Addendums to your lease.