Damage Waiver Protection Plan
We are pleased to introduce a new equipment protection plan that many of you have asked us to provide. This plan has already been implemented by several other rental companies here on the Gulf Coast and we're glad to offer this plan to our customers.
If you pay the damage wavier charge as specified, subject to the exclusions below, ABC Rental Inc. agrees to modify the terms of the signed contract and relieve you of having to pay for any accidental damages to our equipment rented.
We exclude from this waiver:
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Please see all the details on the contract.
The cost of the equipment protection plan is ten (10)
percent of the total rental fees for all rented equipment. When you compare our plan
costs with the cost of providing us with coverage on your insurance policy, we feel you
will find our charge is minimum, particularly since you are paying only for protection for
the period you rented the equipment.
If you wish to decline Damage Waiver Protection for your rental equipment, please do so in writing and we will be happy not to include it in your billings. Simply mail or fax (228-868-9453) us written verification that you are declining Damage Waiver Protection and thereby are responsible for all damages to equipment rented while in your possession.
This plan went into effect November 15th, 1999.