Damage Waivers & Deposits: Waiver Income vs Damage Absorbed, Loss Ratios and Deposit Holds
This lesson is part of the course
In this lesson
You check whether a fictional damage waiver earns more than the damage it covers, per category and in total, and set deposits with a minimum and a rounding rule.
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Lessons in this course
- Time vs Financial Utilisation: How Hard Each Item Works and What It Earns Locked
- Rate Ladders: Day, Weekend, Week & 4-Week Rates and the Effective Price per Day Locked
- The Billing Calculator: the Cheapest Mix of 4-Week Blocks, Weeks and Days Locked
- The Availability Calendar: Overlapping Bookings, Units Booked per Day & Overbooking Flags Locked
- Damage Waivers & Deposits: Waiver Income vs Damage Absorbed, Loss Ratios and Deposit Holds Locked
- Delivery & Setup: Distance Zones, Crew Hours and Minimum Order Values Locked
- Turnaround & Maintenance: Cleaning and Check Days, Lost Rental Days and Cost per Rental Locked
- Item Payback & Fleet Decisions: Payback Months, Buy-Another Triggers and the Retire List Locked