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Do You Need Timeshare Insurance?

WKBT April 9, 2021 6:00 AM Erica Lamberg - Forbes Advisor Posted: Updated: April 9, 2021 12:35 PM Timeshares offer travelers an alternative to traditional lodging options like hotels and resorts. If you vacation in a timeshare, it’s more private, you generally have more space, and you have amenities like a kitchen, washer/dryer and dining area. What Insurance Is Provided by a Timeshare Company? To find out what your particular timeshare provides for insurance coverage, read your timeshare agreement thoroughly. Coverage will vary among timeshare providers. For example, annual association maintenance fees for Wyndham Destinations timeshare owners cover property and general liability insurance costs, says Vanessa Picariello, a spokesperson for Wyndham Destinations. This includes the brands Club Wyndham, WorldMark by Wyndham, Shell Vacation Club and Margaritaville Vacation Club.

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