Overview
Say Goodbye to Security Deposits. Say Hello to Waivo.
Are you tired of processing security deposits for every guest? Worried about time-consuming claim processes and retaliatory guest reviews when damage occurs? Waivo is the perfect solution for you. Waivo is a damage protection program for vacation rental owners, operators, and managers. Waivo is a sister company of Proper Insurance®, Vrbo’s preferred homeowner’s insurance vendor.
Waivo Damage Protection Program Highlights:
- No Guest Communications
- Broadest Coverage with Per Booking Rates
- Dedicated Sales & Service Manager
- Direct to Manager Model
- Express Reimbursement
In a Hurry? Wanna Skip the Wordy Parts?
Pricing
Waivo’s program features coverage limits between $1,500 and $20,000, with rates as low as $15 per booking.
Hosts and property managers have the option to mark up the cost to industry standard pricing of between $39 and $79 and generate significant additional revenue.
Contact Waivo for a custom quote.
Recommended for the Following
Wavio was created with property managers in mind allowing them to offer peace of mind protection to their owners, a seamless solution for their guests, and an additional revenue source for them.
Individual Self-Managing Property Owners – Yes
Property Managers and Co-hosts – Yes
Features
No Guest Communications
- Allow managers to quickly settle damage issues through Waivo without communicating with the guest.
- No third parties or OTA are involved in the settlement.
Broad Protection With Per Booking Rates
- Waivo is a guest damage waiver product that is purchased on a per-reservation basis.
- Waivo covers guest damage, whether it’s accidental or not.
- Each reservation is automatically covered up to the manager’s set program maximum, ranging from $500 in damage to $20,000. This cost can be passed on to the guest.
Dedicated Sales & Service Manager
- Waivo clients are assigned an Account Manager as their primary point of contact.
Direct to Manager Model
- Waivo works directly with managers, and there is no third-party involvement.
Damage Claims Process and Express Reimbursement
- Document damages via photos or videos.
- Submit documentation online.
- Receive the settlement.
Revenue Source
- Waivo puts money directly into the pockets of property managers.
Customer Support
- Dedicated service managers are available by email and phone.
Pros
- Allows managers to quickly settle damage by easy documentation without the need to communicate with the guest to avoid negative feedback.
- Available throughout the United States.
Cons
- Currently, Waivo does not integrate with any property management software companies. This requires reservation information to be entered manually when submitting a claim, and a reservation report must be submitted to Waivo once per month.
- Waivo is only available in the United States.
Customer Reviews
Give More Than You Take. If you have experience with this product or company, please share your knowledge with the STR community.Leave a Reply
You must be logged in to post a comment.
