With the RelaxTM Damage Waiver, property managers, their homeowners, and their guests can finally RELAX!  The Relax Damage Waiver provides security from accidental damages and does it with agility and ease. Through its unique profit-sharing program, property managers are given the opportunity to share in any underwriting profits generated by the policies THEY sell.  Thanks to the Relax Damage Waiver, guests remain happy, homeowners are protected, and property managers can increase efficiency and revenue.  

Property Manager Shares in Underwriting Profits

  • Any underwriting profits are shared with property manager versus the       insurance company retaining 100% 

  • With Reinsurance as an option, taxes can be deferred and paid at lower long-term capital gains tax rate

  • Loans can be taken against share of underwriting profits

  • Broad variety of investment options

Replaces cumbersome and costly security deposits 

  • Creates new revenue stream for the property manager

  • Eliminates conflict with guests over accidental property damage

  • Overcomes guest hesitancy and concern regarding hefty security deposits 

  • Protects property manager against poor reviews since guests are not           charged for damages

  • Guest credit cards are not unduly burdened by large deposits

  • Maintains positive relationship with guests and owners

Claims are resolved quickly and easily 

  • Guaranteed processing within 7 days

 

  • Saves staff time and improves cash flow

 

  • Policy cost remittance based on checkout date, not booking date

Integrates directly with rental management software 

  • Guaranteed processing within 7 days

 

  • Saves staff time and improves cash flow

 

  • Policy cost remittance based on checkout date, not booking date