Rental Equipment Protection
Rental Equipment Protection
Protect yourself and your business, and limit your financial liability from damage to the equipment you are renting.
- IMMEDIATE PROTECTION
- EXTENSIVE COVERAGE
- PEACE OF MIND
Rental Equipment Protection (REP) is an All-Risk Loss Damage Waiver for hassle-free claims. “All risk” means the damage or loss is covered unless specifically excluded. REP is not an insurance policy; it is an optional coverage offered to limit your liability for physical damage or loss of equipment while on rent. If your insurance does not cover replacement cost of equipment you rent, you may be liable for the difference between the replacement cost and the actual cash value. REP covers replacement cost, protecting you from additional charges. Additionally, using REP means your policy premiums will not be impacted by claims.
REP DOES NOT COVER equipment licensed for road use, mining equipment, or equipment used over water. Liability insurance is still required from all customers renting equipment. The following are also excluded from REP:
Civil Authority, Contamination/Deterioration, Criminal, Fraudulent, Dishonest, Illegal Activity, False Pre-tense, Incidental Damages, In Transit Damages, Loss of Use, Mechanical/Electrical Failures, Missing Property/Mysterious Disappearance, Nuclear Hazard, Operation or Maintenance Contrary to Manufacturer Specifications, Pollutants, Temperature/Humidity, Use Over Water (barge, etc.), War and Military Action, Wear and Tear, Weight of Load.
Contact Us About REP Today!
If you want to learn more about Rental Equipment Protection, contact us to get in touch with our team or contact your Rental Representative directly for more information about how you can better protect your business.