$1,500 In “All-Risk” Damage Protection
Although rare, accidental damage from guests does happen. Traditionally, this was managed via a security deposit or vacation rental damage insurance purchased by the guest. Both are cumbersome and often have big limitations in protection.
With “all-risk” protection, all accidental damage from a guest is covered unless it’s specifically excluded such as, but not limited to,
normal wear and tear, infestation, or prior damage.
Relax and Enjoy Your Stay
It’s vacation time, so enjoy it with the peace of mind knowing that if an accident happens and damage occurs,
you are protected under Waivo!
Although rare, accidental damage from guests does happen. Traditionally, this was managed via a security deposit or vacation rental damage insurance purchased by the guest. Both are cumbersome and often have big limitations in protection.
With “all-risk” protection, all accidental damage from a guest is covered unless it’s specifically excluded such as, but not limited to,
normal wear and tear, infestation, or prior damage.
Relax and Enjoy Your Stay
It’s vacation time, so enjoy it with the peace of mind knowing that if an accident happens and damage occurs,
you are protected under Waivo!
Waivo™ Security Deposit Waiver
If You have purchased a Waivo™ Security Deposit Waiver, then the following terms and
conditions are now part of Your vacation rental property lease agreement.
I. AGREEMENT
A. On behalf of SkiRez Vacation Rentals, the party authorized to rent the vacation rental
property and the owner of the vacation rental property, Waivo has assumed the
responsibility for damages as outlined below and waives Your security deposit up to
$1,500, the waiver limit purchased by You, the renter, for your stay at the vacation
rental property.
B. Waivo is hereby responsible for theft or damage to the vacation rental property as a
result of Your acts or omissions up to $1,500. This waiver does not negate your
responsibilities as a renter for items outside of Waivo’s responsibilities.
C. This is not an agreement to provide insurance. You are buying a waiver of the
security deposit otherwise due as part of Your vacation rental property lease
agreement.
II. EXCLUSIONS
A. This Security Deposit Waiver will not pay for damages or theft resulting from:
1. Acts of god
2. Normal wear and tear
3. Theft without a valid police report
4. Loss of use of the vacation rental property
5. Rodent, termite, bed bug or other animal damage or infestation
6. Prior damage
B. This Waiver will not pay for damage or theft of property owned by You.
III. CONDITIONS
A. Waivo has the sole authority to determine the nature and extent of damages,
necessary repairs and eligibility for the waiver, and shall exercise that authority in a
reasonable manner.
B. This Waiver is only effective for a one-time single continuous stay for which You
purchased the Waiver. It takes effect when You occupy the vacation rental property
and terminates when You depart the same vacation rental property.
C. This Waiver is only effective if any theft or damage is reported to Waivo by You, the
property manager, the online travel agent or the owner of the vacation rental property
within 3 days of Your departure from the vacation rental property.
D. Waivo will not respond to damage or theft under $50 US dollars. If the damage or
theft exceeds $50 then Waivo will be responsible for the actual amount of the damage
or theft as determined by Waivo up to $1,500, the waiver limit purchased by You.
E. If there is a dispute related to these terms, mediation is required before any party may
file litigation. In the event of litigation, all parties waive the right to a jury trial.
IV. DEFINITIONS
You, or Your, is the renter of the vacation rental property and includes the renter’s
spouse, children and any other person the renter invited on to the vacation rental property
during your stay at the vacation rental property.
If You have purchased a Waivo™ Security Deposit Waiver, then the following terms and
conditions are now part of Your vacation rental property lease agreement.
I. AGREEMENT
A. On behalf of SkiRez Vacation Rentals, the party authorized to rent the vacation rental
property and the owner of the vacation rental property, Waivo has assumed the
responsibility for damages as outlined below and waives Your security deposit up to
$1,500, the waiver limit purchased by You, the renter, for your stay at the vacation
rental property.
B. Waivo is hereby responsible for theft or damage to the vacation rental property as a
result of Your acts or omissions up to $1,500. This waiver does not negate your
responsibilities as a renter for items outside of Waivo’s responsibilities.
C. This is not an agreement to provide insurance. You are buying a waiver of the
security deposit otherwise due as part of Your vacation rental property lease
agreement.
II. EXCLUSIONS
A. This Security Deposit Waiver will not pay for damages or theft resulting from:
1. Acts of god
2. Normal wear and tear
3. Theft without a valid police report
4. Loss of use of the vacation rental property
5. Rodent, termite, bed bug or other animal damage or infestation
6. Prior damage
B. This Waiver will not pay for damage or theft of property owned by You.
III. CONDITIONS
A. Waivo has the sole authority to determine the nature and extent of damages,
necessary repairs and eligibility for the waiver, and shall exercise that authority in a
reasonable manner.
B. This Waiver is only effective for a one-time single continuous stay for which You
purchased the Waiver. It takes effect when You occupy the vacation rental property
and terminates when You depart the same vacation rental property.
C. This Waiver is only effective if any theft or damage is reported to Waivo by You, the
property manager, the online travel agent or the owner of the vacation rental property
within 3 days of Your departure from the vacation rental property.
D. Waivo will not respond to damage or theft under $50 US dollars. If the damage or
theft exceeds $50 then Waivo will be responsible for the actual amount of the damage
or theft as determined by Waivo up to $1,500, the waiver limit purchased by You.
E. If there is a dispute related to these terms, mediation is required before any party may
file litigation. In the event of litigation, all parties waive the right to a jury trial.
IV. DEFINITIONS
You, or Your, is the renter of the vacation rental property and includes the renter’s
spouse, children and any other person the renter invited on to the vacation rental property
during your stay at the vacation rental property.
