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Damage Waiver %

Fee to limit customer liability for minor rental asset or equipment damage.

1 min read·Updated September 2026

Definition

Fee to limit customer liability for minor rental asset or equipment damage.

Configuration in Pricing Templates

Set at 5%–10% or custom per client or asset type, shown clearly on quotes and invoices. 

Helps Minimize Disputes

Covers wear-and-tear without long claims or repair arguments. 

Contribution to Gross Margin

Becomes a reliable revenue stream across high-volume rentals. 

PREXA365 modules behind this term

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