Submitted by

Caser Seguros

Premium
05/03/2025 Insurance Innovation
The home insurance that enhances the reputation of your holiday rentals
Innovation details
Country
Spain
Category
Product & Service Innovation
Keyword
Home insurance, Insurance
Business Line
Home Insurance
Distribution Channel
Bancassurance, Agents, Partners, Online / Direct, Brokers

Innovation presentation

Caser Anfitrión ★★★★★ ( Caser Host ★★★★★ ) is the first and only home insurance specially designed for short term rentals (vacation rentals) that improves the guest´s valuation of the rental and the host by saving guest´s vacation in case a major problem arises during their stay.

Caser decided to approach the vacation rental market with an innovation solution , an interesting market in Spain with near 400K short rental homes and with a growing rate of 9% in the last year.

In our customer research, the main insight was that their biggest concern was having good ratings on tourist rental platforms, as this ensured their future rental profitability.

How do we it : If a major issue occurs in the rental home , such as a flood, does not allow the guest to continue with their vacation, we relocate them to another location in the same area, paying the cost of the new rent. This will allow the guest to continue their vacation in a similar accommodation and will surely provide a better rating for the host on platforms like Airbnb, Booking, Vrbo, etc...

In addition, we protect the guest experience by reducing the economic impact of a sudden major health problem, returning the cost of the days they have left to enjoy in case they can no longer continue with their vacation.

Besides, the product includes other common but mandatory covers such as Civil Liability, Protection against acts of vandalism caused by the guest, and theft or damage to guest´s properties. At the same time, it offers the essential coverages of a regular home insurance.

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