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July 24, 2012
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Unique Insurance Product Tailored For Vacation Rental Properties

HomeAway Presents First-of-its-Kind Insurance Product Tailored for

Vacation Rental Properties

AUSTIN, Texas, July 24, 2012 /PRNewswire/ -- HomeAway, Inc. (NASDAQ:

AWAY), the world's largest online marketplace for vacation rentals,

now offers HomeAway AssureT, a CBIZ Insurance Program, the first

insurance product tailored specifically for vacation rental properties

featuring an online calculator that delivers a quote within five

minutes.

(Logo: http://photos.prnewswire.com/prnh/20120215/DA53778LOGO)

Provided in partnership with CBIZ Insurance Services, Inc. (NYSE:

CBZ), HomeAway Assure enables any U.S. vacation home owner, not just

HomeAway@ customers, to insure their property with a policy designed

to cover the risks specific to vacation rentals not included in many

second home insurance policies:

-- Third-party liability coverage protects the homeowner against

lawsuits or expenses associated with a renter suffering bodily injury

while on the rental property.

-- Property damage and replacement cost coverage for the home and its

contents are offered at varying deductible rates.  This coverage

extends to a home's amenities such as a swimming pool, watercraft or

docks and piers.

-- Business interruption coverage protects against the loss of rental

income as a result of an unexpected disruption such as a house fire,

natural disaster or other coverable incident that would render the

home unable to rent.

In less than five minutes, vacation rental owners can determine their

individual cost of HomeAway Assure coverage using the CBIZ online

policy quote calculator tool at:

http://www.cbizspecialtyinsurance.com/HomeAwayAssure.

"It is a common misconception among owners that their vacation rental

homes are adequately covered by traditional second home insurance

policies," says CBIZ Insurance Services Senior Vice President Scott

Wolf.  "Where other second home policies fall short, HomeAway Assure

will prove greatly impactful in the protection of vacation rental

owners who can now receive comprehensive coverage for their homes."

"Vacation rental owners have such a strong, personal connection with

their homes," says Brian Sharples, chief executive officer of

HomeAway.  "It's important for us to offer an insurance product that

helps protect our customers' properties and preserve the vacation

experience they share with their guests."

About HomeAway, Inc.

HomeAway, Inc., based in Austin, Texas, is the world's leading online

marketplace of vacation rentals, with sites representing approximately

700,000 paid vacation rental home listings throughout 168 countries.

HomeAway@ offers an extensive selection of vacation homes that provide

travelers with memorable experiences and benefits, especially more

room to relax, for less than the cost of traditional hotel

accommodations. The company also makes it easy for vacation rental

owners and property managers to advertise their properties and manage

bookings online. The HomeAway portfolio of websites includes

HomeAway.com, VRBO.com and VacationRentals.com in the United States;

HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom;

HomeAway.de in Germany; Abritel.fr and Homelidays.com in France;

HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in

Brazil; and HomeAway.com.au in Australia.

In addition, HomeAway operates BedandBreakfast.com, the most

comprehensive global site for finding bed-and-breakfast properties,

providing travelers with another source for unique lodging

alternatives to chain hotels. For more information about HomeAway,

please visit http://www.HomeAway.com.

About CBIZ, Inc.

CBIZ, Inc. provides professional business services that help clients

better manage their finances and employees.  CBIZ provides its clients

with financial services including accounting, tax and consulting,

internal audit, merger and acquisition advisory and valuation

services.  Employee services include employee benefits consulting,

property and casualty insurance, retirement plan consulting, payroll,

life insurance, HR consulting, and executive recruitment.  CBIZ also

provides outsourced technology staffing and support services,

healthcare consulting, and medical practice management. As one of the

largest benefits specialists and one of the largest accounting,

valuation, and medical practice management companies in the United

States, the Company's services are provided through more than 130

Company offices in 37 states. For information contact: Adam Annen

Public Relations Manager HomeAway, Inc. 512-505-1548

[email protected]

SOURCE HomeAway, Inc.

-0- 07/24/2012

/Photo: http://photos.prnewswire.com/prnh/20120215/DA53778LOGO

PRN Photo Desk, [email protected]

/Web Site: http://www.homeaway.com

(NASDAQ-NMS:AWAY /

NYSE:CBZ) /

CO: HomeAway, Inc.; CBIZ Insurance Services, Inc.

ST: Texas

IN: CPR TRA FIN INS MLM

SU: PDT

PRN

-- DA44905 --

0000 07/24/201213:00:00 EDThttp://www.prnewswire.com

Copyright:  (c) 2012 The Associated Press
Source:  Associated Press
Wordcount:  658

 

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