Set your guest damage fee
Add the fee to your existing property management system.
For professional vacation rental property managers.
Keep your profit
while Velaris runs your damage program.
$9
per reservationplus the actual damage
Stop overpaying for predictable damage.
You need insurance for the unknown and catastrophic.
But you understand your everyday guest damage better than everyone else.
Velaris builds your custom program using your knowledge and goals so you keep more margin.
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
1
Choose only the coverage you need.
Pay for your risk, not someone else’s losses.
2
Activate your program.
Use your existing systems and workflows. Velaris guides the setup.
Connect your reservations
Give Velaris view-only access to reservation data in your property management system.
Notify your homeowners
Inform homeowners of their new coverage and establish your insurable interest in the program.
Fund your secured escrow account
Deposit six weeks of estimated damage costs into an account that remains yours. We review the amount quarterly and adjust it as needed.
3
File claims as they happen.
Our licensed claims adjusters give every claim the attention it deserves and move approved payments quickly.
Why wouldn’t we just do this ourselves?
Because claims are not hospitality.
Keeping both the guest and homeowner happy takes specialized judgment and time. For $9 per reservation, Velaris handles the claim from intake through payment.
“We already like our provider.”
Then compare the economics. Predictable losses do not need layers of insurer margin. Damage Control lets you retain more revenue while keeping a professional claims operation.
“Escrow ties up too much cash.”
The account holds about 1.5 months of anticipated losses, not a year of premiums. The funds remain yours, receive traditional escrow protections, and are refundable after outstanding obligations are settled. We recalibrate quarterly.
We can see your reservations.
Velaris connects with more than 80 property management systems.
GuestyHostawayLodgifyStreamlineHospitableOwnerReziGMSHostfullyEscapiaLiveRezTrackUplistingBreezewayTurno+ more
Bring your current program. Let’s improve the economics.
We’ll review your reservation volume, guest fee, and historical losses, then map a custom Damage Control program across your homes.
Build Your Damage Program with Andrew