Clare were 12 points ahead after 50 minutes before late goals from Gavin Crotty and captain Martin O’Neill brought some degree of respectability to the scoreboard for Waterford.
Clare were 0-8 to 0-0 ahead after just 17 minutes.
Waterford finally got off the mark through a Fionán Murray free in the 18th minute and a Jake Dillon goal three minutes before half-time kept them in touch at the break, trailing 0-10 to 1-3.
The issue was put beyond doubt 15 minutes from time when Tony Kelly cracked home a 20m free.
Scorers for Clare: T Kelly 1-3 (1-1f), D O’Halloran 0-6 (1f), C O’Connell 0-4 (2f), C O’Doherty 0-2 (1f, 1 65), C Malone, C Ryan, F Kennedy & M O’Neill 0-1 each.
Scorers for Waterford: G Crotty 1-1, F Murray 0-4 (3f), J Dillon & E Murphy 1-0 each, J Prendergast, S Lawlor, B O’Halloran & R Barry 0-1 each.
CLARE: R Taaffe; P Flanagan, D McInerney, K Ryan; E Boyce, C Duggan, C O’Doherty; P Sheahan, C Ryan; F Kennedy, C O’Connell, C Chaplin; C Malone, T Kelly, D O’Halloran. Subs: P Duggan for Chaplin (45), B Donnellan for Sheahan (48), M O’Neill for O’Connell (49), H Vaughan for O’Doherty (55), A Lynch for Kennedy (58).
WATERFORD: R Roche; M Kearney, S O’Keeffe, M Wyse; S Hannon, E Madigan, W Henley; J Prendergast, S Lawlor; J Dillon, B O’Halloran, P Nevin; F Murray, G Crotty, E Murphy. Subs: R Barry for Henley (20), S Roche for Lawlor (h-t.), S Power for Prendergast (44), P Power for Dillon (44), I Galgey for Nevin (53).
Referee: D Copps (Cork).