When you, the Customer, arranges a Hire, you have the option of taking standard hire conditions or selecting a Loss & Damage Waiver (subject to an additional cost).
By selecting the Waiver, you, the customer, agree to an alteration to the Terms & Conditions of Hire, which effectively removes most of the terms through which we would pursue you, the Customer, for recovery, following loss or damage to the equipment that we have hired to you.
This is not an insurance product that you, the Customer, purchases, but a contractual arrangement which removes your responsibility in the event of loss or damage to the hired equipment.
The cost to you, the Customer, is minimal and it provides you with the confidence that it will cover the full value of the hired equipment, removing any worry of whether your own Business Insurance is sufficient, or whether it actually covers Hired equipment. It will also speed up the claims settlement process. The cost is 15% + VAT of the total net cost of the Hired equipment, excluding delivery & any sales items.
| Agreed Loss | Excess |
|---|---|
| Upto £2,500 | £100 |
| £2,501 – £5,000 | £250 |
| £5,001 plus | £500 |
Click here to download our HireSecure Loss & Damage Waiver
