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Damage Waiver Policy
September 13, 2009
C & T
RENTALS DAMAGE WAVIER CHARGES
HAVE
NOTHING TO DO WITH INSURANCE
The Damage Waiver is not an
INSURANCE POLICY and is administered internally by C & T. It is set
up to cover the every day minor and major accidental
damages that occur to our equipment that our customers
do not want to pay for and we do not want to charge for.
It encourages customers to report
damages to our equipment rather than trying to hide them
and causing safety problems.
It takes care of a void in most
customers insurance polices where the deductible is in a
lot of cases higher than the damage cost.
The Damage Wavier carries a cost of
7% and is automatically calculated into the rental
invoice, it is not refundable.
The Damage Waiver covers accidental
equipment damage up to a maximum of $2500.00.
For example you rented a $1000.00
quick cut saw for a day for $50.00 and you paid your $
3.50 Damage Waiver then you accidentally backed over it
with your truck {it has happened} and did $500.00
damage, this would be covered by our Damage Waiver.
The Damage Waiver also covers
Vandalism, if accompanied by a Police report.
The
Damage Waiver does not cover:
Stolen,
Lost or Missing equipment.
Misuse or abuse
of equipment.
Customer
Negligence
Damage incurred
by a third party.
Tires and Glass.
The Renter
has the option to decline the Damage Waiver and C& T
Rentals & Sales Ltd. has the option to decline to offer
the Damage Waiver.
If the Renter declines the Damage
Waiver then the Renter agrees to pay any and all costs
incurred
by C & T Rentals and Sales Ltd. To
replace, repair or restore the equipment to its original
condition.
We also reserve the right to ask
for a damage deposit of a minimum of $200.00 per rental
contract if the Damage Waiver is declined.
I/We do not wish to purchase the
Damage Waiver for our rented equipment and accept all
responsibility for damage and repair of rented
equipment.
Customer
Name.
………………..
Acct. #.
…………………
Customer
Signature
……………..…
Date
…………..………
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