Implementing measures to protect the property from potential damages, such as requiring security deposits, offering damage waivers, or utilizing property monitoring systems.
Menu
Glossary Term: Damage Waiver
4 posts
Insurance policies or security deposit options that protect hosts from financial losses due to accidental or intentional damage caused by guests during their stay.
A document signed by a guest that releases the host from liability for any damages or injuries that occur on the property during their stay. It is important to note that insurance waivers may not be legally binding in all jurisdictions.
Insurance or security deposits that cover costs associated with accidental or intentional damage to the property caused by guests.