Description

Our Optional Limited Damage Waiver enables you to avoid costly downtime and expensive repairs and/or replacements by: (a) Covering: (i) Repair/Replacement Costs: A portion of the cost of repairing and/or replacing Covered Item(s) which suffer physical damage during your rental (subject to the limitations set forth in Section 6 below and the reverse side or Page 1 hereof); AND (ii) Rental Charges: 100% of the Rent that would otherwise be due under your Rental Contract during the period in which the Covered Item(s) is/are being repaired or replaced (as applicable); AND (iii) Certain Other Costs: 100% of the following charges that would normally be due under your Rental Contract: late fees, transportation and storage fees and interest; AND (b) Enabling You to Avoid Costly Insurance Claims and Premium Increases: Costly insurance premium increases may be limited or avoided because in many cases, customers are able to avoid filing claims on their own insurance policies (increasing their “loss histories”).