A rainy week is defined by it raining 4 or more days during the 7 day rental lease.
2. HOW DOES CX MARKETS DEFINE A RAINY DAY?
A rainy day is defined based on the location and time of year of your vacation. Typically, a quarter inch will constitute a rainy day. See your protection details for the relevant amount for your vacation.
3. WHAT IS 0.1 INCHES OF RAIN?
A light rain for 30-40 minutes, moderate rain for 10 minutes or heavy rain for 5 minutes. Small puddles would form but usually disappear after a short while.
4. WHAT IS 0.25 INCHES OF RAIN?
A light rain for 2-3 hours, moderate rain for 30-60 minutes or heavy rain for 15 minutes. Many puddles on the ground that do not disappear easily.
5. WHAT IS 0.5 INCHES OF RAIN?
Moderate rain for 1-2 hours or heavy rain for 30-45 minutes. Deep standing water for long periods of time (a light rain never reaches this amount).
6. WHAT DAYS ARE COVERED?
Measurement days includes the Saturday of the vacationer’s arrival and continue through the Friday of the vacationer’s weekly lease. Rain that occurs on the Saturday of the vacationer’s checkout day is not covered.
7. WHERE IS THE RAIN MEASURED?
Measurements are taken at the closest government monitored precipitation gathering weather station. Settlement locations are often at the local commercial airport. Consult your lease terms to see where coverage would be settled for your vacation destination. It is possible that rain may occur at your vacation address, but not at the station. Conversely, it is possible for rain to occur at the station, and not at your vacation address.
8. HOW DO BROKERS, MANAGERS, AND TRAVELERS KNOW THAT THE MEASUREMENTS ARE ACCURATE AND IMPARTIAL?
Measurements are provided by third party, government owned weather stations and confirmed by AccuWeather.
9. HOW DOES CX MARKETS CERTIFY THE RAIN AMOUNTS AND DURATION DURING MY STAY?
Via CX Markets settlement feed we receive the stationâ€™s measurement data automatically after a day is complete. On the fourth qualifying day of rain, a decision on settlement is generally reached by noon on the next business day.
10. HOW DO BROKERS RECEIVE A PAYOUT?
A payment for a qualify rain event is generally deposited into the broker’s account within 24 hours of the fourth qualifying rain day.
11. WHAT IF IT RAINS AT NIGHT?
Rain at night counts toward qualifying amount totals. In fact a large storm from 11PM to 1AM counts towards both days, with the rain prior to midnight counting for the previous day and the rain after midnight counting for the next day.
12. CAN TRAVELERS COVER A PORTION OF THE COST OF THE VACATION?
When purchased from a partner vacation rental site, travelers usually have the ability to protect 25%, 50%, 75%, or 100% of the rental amount.