What to Know About House Damage Waivers

What’s a house damage waiver?  Fairly new to the industry, this is an insurance policy that replaces the security deposit to cover any damage you or your guests may do to a home while renting it.  It saves arranging for the deposit itself and covers more damage than most deposits would cover.  Some management companies require a house damage waiver and others make it optional, but we think it’s a great idea – simpler, easier and more comprehensive than a security deposit!

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