InformationRental Protection Plan

Rental Protection Plan: avoid extra costs

If you rent equipment from us, you are responsible for the costs of any damage, loss or theft. That’s why we offer you the Rental Protection Plan, including the Damage Waiver & Fire/Theft (DW/FT) waiver scheme. This eliminates these costs for you as a customer. Allowing you to rent from us, hassle-free.

How does it work?

With the Rental Protection Plan, you pay a percentage on top of the equipment rental price. If the tools are stolen or damaged, you only pay the deductible. We then pay the costs of repairs or replacement. Of course, we will provide you with new tools or equipment straight away.

Example: Theft

	Theft/Fire Waiver	No Theft/Fire Waiver
Hire Total Station week	£200	£200
Theft/Fire Waiver fee	£15	£0
Total costs as planned	£215	£200
Replacement costs Total Station	£26,000	£26,000
Excess Theft/Fire Waiver	£3,900	N/A
Adjuster fee	£0	£250
Loss of hire before settlement	£0	£400
Savings through Theft/Fire Waiver	£22,100	£0
Total cost for customer	£4,115	£26,850
Total savings with theft/fire waiver: £22,735

Example: Minor damage

	Damage Waiver	No Damage Waiver
Hire Mini Excavator week	£200	£200
Damage Waiver fee	£20	£0
Total costs as planned	£220	£200
Damage to excavator	£2,500	£2,500
Excess Damage Waiver	£1,000	N/A
Adjuster fee	£0	£500
Loss of hire during repair (2 days)	£0	£80
Savings through Theft/Fire Waiver	£1,500	£0
Total customer expenses	£1,220	£3,280
	Total savings with Damage Waiver: £2,060

Example: Major damage

	Damage Waiver	No Damage Waiver
Hire Mini Excavator week	£200	£200
Damage Waiver fee	£20	£0
Total costs as planned	£220	£200
Damage to excavator	£8,500	£8,500
Excess for Damage Waiver	£1,000	N/A
Adjuster fee	£0	£750
Loss of hire during repair (1 week)	£0	£200
Savings through Damage waiver	£7,500	£0
Total customer expenses	£1,220	£9,650
	Total savings with Damage Waiver: £8,430

View the conditions

Damage caused intentionally or deliberate recklessness are excluded from the Rental Protection Plan. For more information about the Damage Waiver & Fire/Theft waiver scheme, please see the General Rental Conditions and the Damage Waiver & Fire/Theft waiver scheme conditions.