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Comparing Waivo Vs. Safely: A Deep Dive into Vacation Rental Protection

The vacation rental industry has seen significant growth over the past decade, with platforms like Airbnb and Vrbo becoming household names. As the industry evolves, so does the need for comprehensive protection for both property owners and guests. Two companies that have emerged to address this need are Waivo and Safely. In this article, we’ll compare these two companies to help property owners decide which protection service best suits their needs.

Learn more about Waivo and its innovative solutions for vacation rental protection.

Waivo: Speedy Reimbursement and Dedicated Human Support

Waivo is a damage protection service that offers a range of solutions for independent hosts, professional property managers, and booking platforms. One of the key features of Waivo is its speedy reimbursement process. The company promises to respond to every damage notice within two business days, with most damages being addressed within 24 hours​​.

Waivo offers protection limits ranging from $500 to $20,000 for guest-caused damage and provides $1,000,000 of commercial general liability insurance​​. The service covers both accidental and intentional damage to the building and contents, including theft, pet damage, and excessive cleaning​​.

See our comprehensive Waivo review here…

A standout feature of Waivo is the dedicated human support it provides. When damage occurs, property owners have access to a dedicated Waivo representative to assist with the process, ensuring personalized and efficient service​​.

Discover more about Waivo’s unique approach to vacation rental protection.

Safely: Comprehensive Insurance and Guest Screening

Safely, on the other hand, focuses on providing short-term rental insurance and guest verification services. The Safely Protection Policy offers up to $1,000,000 in short-term rental insurance for all booking sites, covering pet damage, intentional acts, theft, and bodily injury​​. Safely’s insurance policy is designed to replace traditional damage waivers, offering more extensive coverage​​.

A unique aspect of Safely’s service is its guest screening process. Every reservation includes a guest screening to provide property owners with a risk score for each guest, helping them make informed decisions about accepting reservations​​. Safely’s screening process includes identity verification, background checks, and a proprietary database of guests who have previously caused damage to homes​​.

Comparing Waivo and Safely

When comparing Waivo and Safely, there are several factors property owners should consider:

  • Reimbursement Speed: Waivo prides itself on its speedy reimbursement process, whereas Safely emphasizes its simple claims filing and rapid processing, with most payments processed as fast as three business days​​​​.
  • Coverage Limits: Both companies offer substantial coverage limits, but the specifics of what’s covered can vary. Waivo offers protection limits ranging from $500 to $20,000 for guest-caused damage, while Safely’s policy covers up to $1,000,000 for a broader range of incidents​​​​.
  • Guest Screening: Safely provides a comprehensive guest screening process with every reservation, which is a significant advantage for property owners concerned about guest-related risks​​. Waivo does not mention a similar screening process in its offerings.
  • Personalized Support: Waivo emphasizes its dedicated human support for each client, which can be a valuable feature for property owners who prefer a more personalized approach​​.

Conclusion

Both Waivo and Safely offer compelling services for vacation rental property owners. Waivo stands out for its speedy reimbursement and dedicated human support, while Safely offers comprehensive insurance coverage and an extensive guest screening process. Property owners should consider their specific needs and preferences when choosing between these two services. Whether it’s the speed of reimbursement, the extent of coverage, or the added security of guest screening, both Waivo and Safely provide valuable solutions to protect vacation rental properties.

Explore Waivo’s solutions for your vacation rental property.

Ryan Drew- Contributor
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Ryan Drew- Contributor

I'm an Airbnb Superhost sharing my Airbnb journey and tips that I've learned along the way.

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