Originally Posted by socrates

It is a great comparision actually - timeshares are no different than hotels, they have the same insurance coverage with the owners of by property paying it (TS owners are NOT required to have an HO type policy on the TS as it is a TS, they are only required to have commercial insurance exactly the same as other hotels would have) - the only difference is the owners of the TS are individuals but regardless MI secures the policy unless the ownership group decides to do so on their own (not common but not rare either)

The typical policy on commercial buildings such as hotels have a $50K deductable - meaning I believe the check the poster received was really authorized by the properties GM and was not a reimbursement from their insurance policy.....I know I've written enough checks for similar reasons over the years - it's a case by case basis but is rare as it does establish a protocol