Set your guest damage fee
We help you optimize the guest damage fee and add it to all of your listings.
For professional vacation rental property managers
Keep your profitwhile Velaris runs your vacation rental damage program
Stop overpaying for predictable damage
You need insurance for the unknown and catastrophic.
But you understand your everyday guest damage better than anyone else.
Velaris builds your custom program using your knowledge and goals so you keep more margin.
$9
per reservationplus the actual damage
Try it — adjust the numbers to see your profit
What is the total number of guest reservations you plan to manage in the coming year?
How much do you plan to charge guests for damage protection? Homes with lower ADRs typically charge $69–$99 per reservation, while homes with higher ADRs typically charge $99–$199.
$
Your expected cost of guest-caused damage, typically between $2.50 and $5.50 per night. Enter it per reservation or per night.
$
What you currently pay another damage-protection provider, typically between $8 and $18 per night. Enter it per reservation or per night, or enter $0 if you do not have an insurance program.
$
Profit with Velaris$72,500$73 per reservation
Damage fee revenue$99,000
Expected guest damage cost$17,500
Velaris program cost$9,000
Current insurance cost$55,000
Profit with current insurance$44,000
Extra margin with Velaris$28,500
How do we calculate your profit?
Damage fee revenue = reservations × guest damage fee
Annual guest damage cost = reservations × cost per reservation, or reservations × average stay × cost per night
Velaris program cost = reservations × $9
Profit with Velaris = damage fee revenue − annual guest damage cost − Velaris program cost
Annual insurance cost = reservations × cost per reservation, or reservations × average stay × cost per night
Profit with current insurance = damage fee revenue − annual insurance cost
Extra margin with Velaris = Profit with Velaris − Profit with current insurance
Results are estimates based on the figures you enter. They exclude premium for insurance above your selected retention and other program charges, and they assume your actual guest damage matches your estimate. Below your retention, damage costs are yours; the estimate is not a guarantee of margin.
1
Choose coverage built around your homes
Pay for your risk, not someone else’s losses
Try it — drag the sliders and choose your coverages
This is a summary of coverage options, not a policy. Coverages, limits, retentions, and premiums shown are illustrative and depend on the elections you make, your properties, and your state. Coverage exists only when a policy or certificate is actually issued, and its terms, including exclusions and conditions, are those of the issued document, not this page. Not all coverages are available in every state.
2
Launch without changing how you work
Connect your reservations
Approve read-only access to your reservations.
Notify your homeowners
Inform homeowners of their new damage coverage and establish your insurable interest in the program.
Fund your secured escrow account
Deposit six weeks of estimated damage costs into your secure escrow account. These are your funds. We review the balance quarterly and adjust as needed.
3
When damage happens, we move quickly
We aim to pay claims quickly — your homeowners are depending on you
Benefits of having a professional like Velaris manage your damage program
You need an independent decision-maker
Consistent, independent decisions protect both your economics and your guest relationships. You set the coverage and rules, and Velaris applies them the same way every time.
Your team has better things to do
We handle the workflows, communication, and claims so your team can stay focused on hospitality.
My current program is working fine
Stay with it while the economics work. If everyday losses begin driving rate increases, Velaris gives you a better way to retain the predictable risk.
What happens after a large loss?
You retain predictable damage up to your selected self-insured limit. Insurance responds above that amount, up to the total limit. You keep more of the economics while transferring larger, less predictable losses.
I need access to my cash
The escrow account holds approximately six weeks of estimated damage costs. The funds remain yours, and we review the balance quarterly to avoid holding more than the program requires.
Works with the systems you already use
Compatible with over 80 property management software systems. See how the integrations work.
Escapia
Guesty
Hospitable
Hostaway
Hostfully
iGMS
Lodgify
OwnerRez
Streamline
Trackand more
Explore vacation rental insurance for property managers
Straight answers on the programs, the pricing, and the terms — written by the founders.
Vacation rental damage waiver programGuests pay $69–$199 per reservation; you keep the revenue and Velaris runs the program.Insurance for vacation rental property managersThe four coverage layers a management company needs, in one PMS-connected program.Security deposit alternativeReplace $500–$1,000 holds with a waiver that converts better and ends chargebacks.Short term rental insuranceCommercial coverage for guest damage, liability, and lost revenue across the portfolio.Certificate of insurance for vacation rentalsWhich cities require a COI for an STR permit, and how to issue unlimited certificates.Velaris vs. Safely, Proper, Truvi, and WaivoSide-by-side comparisons of damage protection and insurance programs.Pricing: $9 per reservationPublic pricing you can model before a sales call.Insurance glossary for property managersDamage waivers, retentions, additional insureds, and every other term in your policies.
Built by the team who understands vacation rental insurance and technology
Andrew and Stuart Bate founded Safely in 2013 and helped insure more than 1,000 property managers. Yet only a handful felt truly confident about their coverage. That was not the property managers’ fault. The insurance industry was never designed around how vacation rental businesses operate.
Generalist brokers sell generic policies and often review risk only once a year at renewal. Andrew and Stuart saw another possibility. By connecting directly to reservation systems, insurance programs can understand a portfolio as it changes, not months later. They have built embedded programs with nearly every major property management system in the vacation rental industry.
Large companies already receive this level of attention. They have dedicated experts, coverage designed around their operations, and structures that reward effective risk management. Andrew and Stuart believe professional property managers deserve the same advantages.
That is why they built Velaris. You retain the predictable risk you understand and benefit when you manage it well. Velaris designs and places insurance for the risks you want to transfer. Because the program stays connected to your reservation data, the team continues monitoring it throughout the year, helping address changing exposures before they become losses or renewal surprises.
Velaris is your insurance operating system.
Build your damage programStart your program online
Answer a few quick questions with Victoria, our insurance guide, and we’ll start building your quote. Prefer to talk it through first? Book a call with Andrew.