Peace of mind. Here are a few benefits:
🛡Protection against damage and misuse.
🙋♀️Guests feel more responsible. Honest guests aren't discouraged with a reasonable security deposit. It also deters unsuitable guests.
🏃♀️Fastest way to collect funds to pay for repairs before your next guest arrives. Insurance may pay out but can take weeks or months.
🤖Automated collection. With Uplisting's Automated Security Deposit collection for Booking.com and Homeaway you only get involved if a guest doesn't provide valid payment.