Rental Equipment Protection Damage Waiver   

All Risk Coverage With You In Mind.

 
Under REP the rental organization or dealer will not hold you responsible for most causes of damage while the equipment is out on rent. In the event of a loss, REP will cover the replacement or repair of the damaged equipment. The charge for REP is 14% of the rental rate.
 
REP ADVANTAGES
  • Claims will not affect other insurance premiums.
  • No waiting for coverage through insurance company.
  • Hassle free claims in the event of a loss.
  • INGESTION
  • OVERTURNS
  • THEFT
  • TORNADO
  • VANDALISM
  • WIND
  • OTHER NON-EXCLUDED PERILS
 
DEDUCTIBLE
Under REP, the deductible for damage to rented equipment is $1,000 for equipment valued under $25,000, and $2,500 for equipment valued more than $25,000.
 
COMMON COVERED LOSSES
Including But Not Limited To: 
  • ACCIDENTAL DAMAGE
  • COLLISIONS
  • EARTHQUAKE
  • FALLING OBJECTS
  • FIRE
  • FLOOD
  • HAIL
 

EXCLUSIONS

  • Civil authority
  • Contamination or deterioration
  • Criminial, fraudulent, dishonest or illegal acts
  • Loss of use
  • Mechanical breakdown
  • Nuclear hazard
  • In transit damages
  • Pollutants
  • Temperature/humidity
  • Voluntary parting with title
  • War and military action
  • Wear and tear
  • Weight of load
  • Missing property
 
 
 

Notice to Authorities

All accidents shall be reported immediately to Kirby-Smith Machinery, Inc. and lessee shall immediately report to the appropriate law enforcement officials and Kirby-Smith Machinery, Inc. any and all losses and damages caused by, or resulting from, theft, vandalism or malicious activity. The machine shall be kept in secure environments, keys removed, doors locked, vandalism covers installed and clustered with other machines. Failure to comply shall render the waiver null and void.
 

Disclaimer

This certificate does not contain all the terms, conditions and exclusions of this waiver. This waiver is subject to endorsement, alteration, transfer, assignment and/or cancellation without notification to certificate holder. This summary confers no rights to the holder.
 
 

 

 

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“When it comes to equipment, support is critical to us because any time a machine is down, that's potential dollars lost. Kirby-Smith's service is impeccable. It's quick. They don't let you down.”
- Christopher Crouch, PB Materials LLC

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