Damage waiver:
DAMAGE WAIVER
WHEN RENTING EQUIPMENT, YOU ARE RESPONSIBLE FOR ANY DAMAGE TO IT.
YOUR CURRENT PROPERTY INSURANCE MAY NOT COVER YOU FOR A LOSS TO THE RENTED EQUIPMENT WHILE IT IS IN YOUR POSSESSION. IN ORDER TO REDUCE YOUR FINANCIAL EXPOSURE WE CAN INCLUDE A DAMAGE WAIVER. A DAMAGE WAIVER IS NOT TO BE CONSTRUED AS AN INSURANCE COVERAGE, BUT ONLY A WAIVER OF CERTAIN CLAIMS RELATIVE TO THE PHYSICAL DAMAGE OF THE RENTAL ITEM. PURCHASING A DAMAGE WAIVER DOES NOT EXCUSE YOU FROM OBTAINING THE REQUIRED GENERAL LIABILITY, WORKERS COMPENSATION AND AUTOMOBILE LIABILITY COVERAGE.
CHARGES FOR THIS WAIVER WILL BE 10% OF THE TOTAL RENTAL.
THE DAMAGE WAIVER PROTECTS YOUR RENTED EQUIPMENT AGAINST ACCIDENTAL PHYSICAL DAMAGE TO YOUR RENTED ITEMS.
A DAMAGE WAIVER IS AN AGREEMENT BETWEEN YOU AND ACE RENTAL.
WHILE IT IS NOT INSURANCE, IT RELIEVES YOU OF THE NEED TO PURCHASE PHYSICAL DAMAGE INSURANCE FOR THE EQUIPMENT YOU RENT.
*DAMAGE WAIVER’S IS MANDATORY*
EXCLUSIONS OF THE DAMAGE WAIVER, NOT COVERED:
WEAR AND TEAR.
ABUSE, MISUSE, NEGLECT, INTENTIONAL DAMAGE AND CARELESSNESS.
USE OF THE EQUIPMENT BEYOND ITS RATED CAPACITY. (OVERLOAD)
LOSS OR DAMAGE RESULTING FROM IMPROPER MAINTENANCE.
CUT TIRES OR DAMAGE CAUSED BY OVERTURN OR TIPPING.
THEFT, VANDALISM, MALICIOUS ACTIVITY INVOLVING EQUIPMENT IS TO BE REPORTED TO THE POLICE AND ACE RENTAL. WITHIN 24 HOURS, A POLICE REPORT MUST BE OBTAINED AND SUBMITED TO ACE RENTAL.
THEFT BY CONVERSION, MYSTERIOUS DISAPPEARANCE.
LIABILITY INSURANCE.
MISPLACED OR LOST EQUIPMENT.
EQUIPMENT USED BY A THIRD PARTY.
THE EQUIPMENT SHALL BE KEPT SECURE, KEYS REMOVED, DOORS LOCKED. FAILURE TO COMPLY SHALL RENDER THE WAIVER NULL AND VOID.
STANDARD TERMS AND CONDITIONS OF THE CONTRACT APPLY.
THIS DAMAGE WAIVER PROGRAM MAY BE CHANGED OR CACELLED WITHOUT NOTICE.
NOTE: DAMAGE WAIVER CHARGES WILL BE APPLIED TO RENTALS UNLESS DECLINED.
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