The Rental Protection Plan
The Rental Protection Plan (“RPP”) is an optional product which modifies certain terms of the Terms and Conditions for Rentals / Leases entered into between IMPACT Rentals & Sales (“Company”) and our Customers.
NOTICE:
FOR ALL RENTALS OF EQUIPMENT NOT LICENSED FOR ROAD USE, YOU MUST EITHER SHOW PROOF OF PROPERTY INSURANCE IN THE ACCORDANCE WITH INSURANCE SECTION OF THE TERMS AND CONDITIONS FOR RENTALS / LEASES OR PURCHASE THE RPP PLAN. THE PURCHASE OF THE RPP PLAN FOR RENTALS OF EQUIPMENT IS NOT MANDATORY AND MAY BE DECLINED IF YOU HAVE PROOF OF INSURANCE AS REQUIRED BY INSURANCE SECTION OF THE TERMS AND CONDITIONS FOR RENTALS/ LEASES.
RPP IS NOT INSURANCE. RPP IS AVAILABLE TO CUSTOMERS IN CONNECTION WITH THE RENTAL OF EQUIPMENT FROM COMPANY AND MUST BE EXECUTED SIMULTANEOUSLY WITH THE TERMS AND CONDITIONS FOR RENTALS/ LEASES.
FOR AN ADDITIONAL CHARGE, RPP OFFERS A DAMAGE WAIVER TO LIMIT YOUR FINANCIAL RESPONSIBILITY FOR DAMAGE TO, OR THEFT OF, THE EQUIPMENT. BEFORE DECIDING WHETHER TO PURCHASE THE DAMAGE WAIVER, YOU, CUSTOMER, MAY WISH TO DETERMINE WHETHER YOUR OWN INSURANCE COVERAGE AFFORDS YOU COVERAGE FOR DAMAGE TO OR THEFT OF THE EQUIPMENT AND THE AMOUNT OF THE DEDUCTIBLE UNDER YOUR OWN INSURANCE COVERAGE
RPP TERMS and CONDITIONS:
In return for the payment of the fee set forth in the Terms and Conditions for Rentals / Leases, COMPANY agrees to limit its rights under Insurance Section of the Terms and Conditions for Rentals / Leases thereof as follows:
A.
Damage Waiver: Subject to the conditions set forth herein, COMPANY waives its right to collect amounts from Customer exceeding the lessor of the actual replacement cost, the actual cost of repairs, or a $3,500.00 deductible plus state and local taxes, from losses arising from theft or direct physical damage to the Equipment.
B.
User: Customer agrees that Customer or a permissive user of a Customer will be the only driver of any COMPANY vehicle, and that Customer will not use the vehicle in violation of any terms of the Terms and Conditions for Rentals / Leases or law.
C.
Exclusions: COMPANY will not waive any claim for loss or damage to tires, tubes or rubber tracks by blow out, bruises, cuts, punctures or other causes inherent in the use of the Equipment: or resulting from intentional abuse or misuse of the Equipment. Such losses shall remain subject to the Terms and Conditions for Rentals / Leases.
D.
Fee: Customer shall pay a fee equal to 15% of the rental charges under the Terms and Conditions for Rentals / Leases, plus applicable state and local taxes, in exchange for participation in the RPP as set forth.
RPP IS NOT AVAILABLE FOR VEHICLES LICENSED FOR “ON THE ROAD USE”. CUSTOMER MUST PROVIDE INSURANCE IN ACCORDANCE WITH THE TERMS AND CONDITIONS FOR “ON THE ROAD USE’ RENTALS /LEASES”.