Paw Paw Rentals requires that rented equipment be protected against physical damage while it is out on rent. Customers may satisfy this requirement in one of two ways:
The Rental Damage Waiver is not liability insurance and does not cover injury, property damage to others, or damage caused by excluded uses or conditions. It is an agreement between Paw Paw Rentals and the customer that limits the customer’s responsibility for covered physical damage to eligible rented equipment, subject to the terms, exclusions, and deductible described below.
For some eligible items, Paw Paw Rentals’ Rental Damage Waiver program is supported by a rental equipment policy issued through Specialty Equipment Insurance Services, Inc. / SEIS.
The Damage Waiver charge is calculated as a percentage of the rental charge and is shown on the rental contract.
The Damage Waiver charge does not apply to sales tax, delivery, pickup, cleaning charges, fuel charges, environmental fees, or other additional fees unless specifically stated on the rental contract.
Customers may decline the Damage Waiver only if they provide acceptable proof of physical damage insurance before the rental begins.
To decline the Damage Waiver, the customer must provide a Certificate of Insurance showing coverage for rented, leased, or borrowed equipment in an amount equal to or greater than the replacement value of the equipment being rented.
Paw Paw Rentals may reject a certificate if the coverage is unclear, insufficient, expired, or does not specifically cover rented equipment. If acceptable proof of insurance is not provided before the rental begins, the Damage Waiver will apply where available.
The Damage Waiver includes a deductible of up to $2,500 per claim.
This means the customer is responsible for the first $2,500 of repair or replacement cost, or the actual cost of the damage, whichever is less.
Example:
If covered damage costs $800 to repair, the customer is responsible for $800.
If covered damage costs $5,000 to repair, the customer is responsible for the first $2,500, subject to the Damage Waiver terms and exclusions.
The deductible applies even if the damage would otherwise be covered under the Damage Waiver.
Subject to the terms, exclusions, deductible, and immediate reporting requirements, the Damage Waiver may limit the customer’s responsibility for accidental direct physical damage to eligible rented equipment during the rental period.
The Damage Waiver only applies to equipment listed on the rental contract and only during the rental period.
The Damage Waiver does not cover all damage or loss. The customer remains fully responsible for damage, loss, repair, cleaning, replacement, downtime, or other costs caused by or related to any excluded event, including but not limited to:
The customer must immediately notify Paw Paw Rentals of any damage, loss, theft, accident, malfunction, or unsafe condition.
The customer must also:
Failure to promptly report damage or cooperate with the claim process may result in denial of Damage Waiver protection, and the customer may remain fully responsible for all costs.
If the customer has insurance that may cover the damaged or lost equipment, the customer agrees to cooperate in submitting a claim under that insurance.
The customer agrees to provide Paw Paw Rentals with complete insurance information upon request and to assign or pay to Paw Paw Rentals any insurance proceeds related to the rented equipment.
The Damage Waiver does not replace the customer’s liability insurance, auto insurance, workers’ compensation coverage, or any other insurance required by law or by contract.
The Damage Waiver is not general liability insurance.
It does not cover:
The customer remains responsible for safe use, proper operation, site conditions, and compliance with all laws and safety requirements.
Paw Paw Rentals has the sole right to determine whether damage is covered by the Damage Waiver, whether an exclusion applies, the amount of the deductible, the repair method, whether equipment should be repaired or replaced, and whether a claim should be submitted.
Acceptance of the Damage Waiver charge does not guarantee that all damage or loss will be covered.
By accepting this Damage Waiver Policy, Customer agrees that these terms apply to the Customer’s current rental and all future rentals from Paw Paw Rentals (“PPR”) for which a Damage Waiver charge is included on the applicable rental contract, without requiring Customer to sign or separately accept this Policy again.
Each future rental contract shall constitute a separate rental transaction subject to this Policy. Customer’s acceptance, possession, or use of rented equipment for which a Damage Waiver charge is included constitutes Customer’s continued acceptance of and agreement to this Policy.
This continuing agreement remains in effect until it is replaced by a later Damage Waiver agreement accepted by Customer, or until Customer qualifies to decline the Damage Waiver by providing PPR with acceptable proof of insurance before the applicable rental begins.
Paw Paw Rentals (“PPR”) reserves the right to amend, modify, or replace this Damage Waiver Policy from time to time. The current version of this Policy will be available at www.pawpawrentals.com/damage-waiver and at PPR upon request.
Any changes will apply to rentals beginning on or after the effective date of the revised Policy and will not alter the terms applicable to a rental already in progress. PPR is not required to provide Customer with separate or individualized notice of changes to this Policy.
Customer is responsible for reviewing the current Damage Waiver Policy before each rental. By entering into a new rental transaction, accepting or taking possession of rental equipment, or using rental equipment after a revised Policy becomes effective, Customer acknowledges and agrees to be bound by the Damage Waiver Policy then in effect.