Terms and conditions of Insurance coverage
Portucasa advises you to acquire Cancellation Insurance, whether you're going on a long or a short-term vacation. There always is the possibility that you are forced to postpone, cancel or cut short your trip. These costs can amount to 100 percent of the rental sum. With a Cancellation Insurance policy with the Europeesche Verzekering (European Insurance Company), such unexpected expenses will be reimbursed to you.
The premium for Cancellation Insurance is 7% of the rental amount + €3.50 as policy fee + 21% insurance tax on the premium and the policy fee.
For the terms and condition of a Cancellation Insurance Policy download PDF file 59Kb
Accidental Rental Damage Insurance
An Accidental Rental Damage Insurance is compulsory. With this insurance you'll always be covered for an amount up to € 2500,- for accidental damage to the holiday accommodation (and/or its inventory), that you've rented or that's been made available to you. In case you've rented a safety locker during your stay, you'd also be reimbursed for any damage to this locker resulting by loss of its key. Reimbursement will be granted if the insured is liable for the damage or loss and if this damage/loss amounts to € 25.00 or more.
Portucasa require tenants to buy this insurance because only a few liability insurances cover damage to a holiday rental abroad. However, should any liability insurance have this option, it often implies a high own risk margin.
The insurance premium 'Verzekering Schade Vakantieverblijf' (i.e. Damage to Rental accommodation) amounts to 1.5% of the rental sum + € 3.50 policy fee + 21% insurance premium tax and policy fee; your insurance coverage will be € 2500,-.
For the terms and conditions of an Insurance Policy for Accidental damage to the holiday rental download PDF file 31Kb