RENTAL PROTECTION PLAN
All online rental prices include a 12% Rental Protection Plan surcharge. YOU MAY DECLINE RPP IF YOU PROVIDE TO KLE PROOF OF THE PROPERTY DAMAGE / INLAND MARINE INSURANCE REFERENCED IN SECTION 11 OF YOUR RENTAL CONTRACT PRIOR TO COMMENCEMENT OF YOUR RENTAL.
If the Lessee, including its employees or agents (Customer), accepts Kingline Equipment’s RENTAL PROTECTION PLAN (RPP) by choosing not to provide evidence of physical damage coverage as described in the Master Terms and Conditions Agreement, Rental Agreement and/or Equipment Lease Agreement (collectively referred to as “Agreement” hereafter) and by paying the indicated Coverage Fee in the manner specified below, the following provisions shall apply to the Agreement:
To the extent that loss or damage to a piece of Equipment exceeds $2,500, Kingline Equipment agrees to waive rights to recover from the Customer amounts for any loss or damage to the Equipment, including, but not limited to theft, vandalism, fire, and most collisions.
The following exceptions apply:
• Loss or damage to tires and/or tubes unless such loss or damage is coincident with other waived loss or damage.
• Order of any civil authority or enforcement of any ordinance or law.
• War, nuclear reaction, nuclear radiation or radioactive contamination.
• Mysterious disappearance, or shortage of property, where there is no physical evidence to show what happened to the Equipment.
• Mechanical breakdown, temperature/humidity, wear and tear, or any quality, fault, or weakness in the equipment that causes it to damage itself. But, warranty or other agreements may apply.
• Pollutants; solid, chemical, gaseous, thermal or waste contamination.
• Reckless (including willful neglect, misuse, or abuse), criminal, fraudulent, dishonest, or illegal acts by the Customer.
• Weight of load exceeding the rated capacity of the Equipment.
• Submersion in water above the height of the Equipment’s tracks or wheels. Transportation or use on water.
• Equipment while leased or loaned to other than the Customer.
• Theft or vandalism of the Equipment NOT documented by the Customer’s filing for a police report (a formal written sworn statement) within 48 hours of the Customer’s knowledge of the theft or vandalism.
• Any peril or risk covered by any other insurance coverage that Customer may have in place and is required to be maintained by the Agreement.
• Use or operation of Equipment in violation of the Agreement or in the absence of an Agreement.
COVERAGE FEE:12% of the total rental amount billed on the Equipment.
Customer agrees to pay the coverage fee in a timely manner, which will be billed on the Customer’s rental invoices, for all Equipment rented. If Customer so chooses to provide their own insurance coverage, RPP coverage and charges will cease when a Certificate of Insurance (COI) providing evidence of the required coverage (as set forth in the Agreement) is received by Kingline Equipment. Customer’s coverage, unless the COI is received prior to the rental start date, will not be applied retroactively, regardless of the effective date on the COI. Note: This is not liability insurance and customer is still responsible for having coverage for Commercial General Liability as set forth in the agreement.
This Addendum shall be deemed to modify and supplement, and shall be deemed incorporated into and become a part of your Rental Contract. To the extent any of the terms of this Addendum conflict with the terms of your Rental Contract, the terms of this Addendum shall control. Your Rental Contract shall otherwise remain valid and in full force and effect, and all terms thereof will be deemed incorporated herein.
IMPORTANT: RPP DOES NOT BENEFIT ANYONE OTHER THAN YOU, THE “CUSTOMER OR “LESSEE” (SUCH AS THIRD PARTIES ON A JOBSITE). WE RETAIN THE RIGHT TO PURSUE RECOVERIES FROM THIRD PARTIES FOR ALL LOSS AND DAMAGE, WHETHER OR NOT COVERED BY RPP. YOU MAY DECLINE RPP IF YOU PROVIDE TO KLE PROOF OF THE PROPERTY DAMAGE / INLAND MARINE INSURANCE REFERENCED IN SECTION 11 OF YOUR RENTAL CONTRACT PRIOR TO COMMENCEMENT OF YOUR RENTAL. NONETHELESS, NO RPP COVERAGE WILL APPLY TO ANY ITEM(S) FOR WHICH YOU DO NOT TIMELY PAY THE APPLICABLE RPP FEE.