Most damage waiver programs cover $3,000 to $5,000, but 1 provider goes all the way up to $25,000…
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Summary
AI-generatedThis video discusses the wide range of damage waiver coverage available for STR hosts, highlighting that while most programs offer $3,000 to $5,000, some provide up to $25,000. It also touches on how extra fees like damage waivers can impact your booking competitiveness compared to nearby listings.
Key insights
Most standard damage waiver programs only cover between $3,000 and $5,000, which may not be enough for high-end properties.
Mistakes to avoid
Blindly charging a damage waiver fee without realizing it might be the reason guests are choosing other nearby properties.
Tools & resources
Airbnb House Rules Templatewebsite
A template to help hosts define expectations and protect their property.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial