Damage waivers sound like free protection. But the wrong setup can shrink bookings instead of protecting a property.

In this episode, we break down how damage waivers work, what they cover, and 1 alternative we recommend for properties with a lower nightly rate.

  • How a damage waiver actually works, from claim to payout.
  • The dollar range most damage waiver programs actually cover.
  • What a damage waiver almost never covers, even with good documentation?
  • Why a flat waiver fee can quietly price out a short stay?
  • The alternative we recommend once ADR drops below a certain point.

Thanks for spending this time with us today.

If this helped clarify a booking policy question, subscribing and leaving a review genuinely helps this show reach more hosts working through the same decision.

Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches

Grab your free management eBook: https://strriches.com/#tools-resources

Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/

 

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