What:
Arbol, a platform for parametric weather protection products, announced it has partnered with RealTimeRental (RTR), a cloud based vacation rental & property management software platform, to offer parametric weather protection program for vacation rentals.
Why:
Give property management companies the ability to keep their rental guests happy in the case of inclement weather during their vacation and help differentiate their properties.
How:
- This program leverages Arbol’s technology and real-time weather data to give property managers the ability to offer rainfall protection to their renters.
- The Arbol-RTR weather protection program automatically refunds the renter’s selected coverage amount if it rains for more than half of their vacation. For example, the renter gets refunded their coverage amount if it rains for four or more days of a seven-day vacation.