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Rental Protection Plan

Your extra warranty against costs caused by theft and damage!

An additional safeguard against the cost of theft and damage!

Without the Hire Protection Plan which includes Damage Waiver, Fire & Theft cover, the customer is responsible for all repair or replacement costs, plus the hire costs covering the time period for repair or replacement of the machine.

 

Example: Theft
  Theft/Fire Waiver
No Theft/Fire Waiver
Hire Lexica TS16 1 week £ 200 £ 200
Theft/fire waiver fee £ 15 £ 0
Total costs as planned £ 215 £ 200
Replacement costs Lexica TS16
£ 26,000 £ 26,000
Excess £ 3.900 N/A
Adjuster fee £ 0 £ 250
Loss or hire before settlement
£ 0 £ 400
Savings through Theft/Fire waiver £ 22,100 £ 0
Total customer expenses £ 4,115
£ 26,850
TOTAL SAVINGS WITH THEFT/FIRE WAIVER £ 22,735
Example: Minor damage
  Damage Waiver
No Damage Waiver
Hire mini excavator week  £ 200 £ 200
Theft/fire waiver fee £ 20
£ 0
Total costs as planned £ 220 £ 200
Damage to excavator £ 2,500  £ 2,500
Excess Damage Waiver £ 1,000  N/A
Adjuster fee £ 0
£ 500
Loss or hire during repair (2 days)
£ 0
£ 80
Savings through Theft/Fire waiver £ 1,500 £ 0
Total customer expenses £ 1,220 £ 3,280
TOTAL SAVINGS WITH DAMAGE WAIVER £ 2,060
Example: Major damage
  Damage Waiver
No Damage Waiver
Hire mini excavator week  £ 200
£ 200
Theft/fire waiver fee £ 20 £ 0
Total costs as planned £ 220 £ 200
Damage to excavator £ 8,500 £ 8,500
Excess Damage Waiver £ 1,000 £ N/A
Adjuster fee £ 0 £ 750
Loss or hire during repair (1 week)
£ 0 £ 200
Savings through Theft/Fire waiver £ 7,500 £ 0
Total customer expenses £ 1,220 £ 9,650
TOTAL SAVINGS WITH DAMAGE WAIVER £ 8,430

See our Damage Waiver & Theft (DW/FT) insurance scheme on the back of the
rental contract and our General Rental Terms and Conditions. Damage caused by wilful intent or deliberate recklessness excluded. Subject to price and product changes and typing errors. For further details, please contact our customer service department on 0870 6000 998 info@boels.co.uk.

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