Do I still need HomeExchange Service if I have travel insurance? Kristina December 19, 2018 15:21 Updated Follow Please take note that HomeExchange Service is not an insurance but you are offered plenty of advantages that will protect your exchange. To better understand HomeExchange Service , click here. Related articles How does the deposit work with Optimal membership? What pricing options are there? Am I covered by HomeExchange Service if I take the Optimal membership for €130/year? What is the value of my home in GuestPoints ? Can I be reimbursed for the Optimal membership?