But as I said, no hotel would ever propose going above that minimum, so all you’ve done is change “$1000” to “10× the room rate”. That’s not a substantive chang

But as I said, no hotel would ever propose going above that minimum, so all you’ve done is change “$1000” to “10× the room rate”. That’s not a substantive change; it’s still an arbitrary number, customers still have to decide whether to get travel insurance or forgo it, etc. I doubt it even changes anything for most people, since most people don’t carry thousands of dollars of luggage with them and cheap hotel rooms are less than $100 a night.