BECAUSE ANYTHING CAN HAPPEN
The Rental Protection Plan (RPP) from American Spot Cooling helps limit your liability in case of equipment damage, loss or theft.
- Low cost option to manage the unexpected
- Saves money on repairs or replacement
- Waives rental fees during repair time coverage*
- Protection against accidental damage, theft, and or vandalism
HOW IT WORKS
- RPP limits your exposure when an authorized user incurs an unintentional damage, loss or theft of rental equipment.
- Purchase RPP for 12% of the rental fee
- If a covered loss occurs, pay a deductible of (a) 10% of the cost to repair/replace or (b) $1,000 max; whichever is less
|Pay less if something goes wrong....|
|With RPP||Without RPP|
|RPP Cost (12%)||$60||$0|
|Out- out Pocket Cost||$560||$500|
|Cost to Replace||$75,000||$75,000|
|Total Cost to Customer||$1560||$75,500|
When you purchase the ASCRPP product, you will not be held responsible for the full replacement value of damaged or stolen equipment. If something does go wrong, you will be responsible for 10% of the damage costs or $1000, whichever is less.
|Damage to equipment||Accidental damage, as long as the damage does not result from intentional abuse of the equipment|
|Damage to vehicles||Accidental damage, as long as the damage does not result from intentional abuse of vehicle|
|Theft||Theft of equipment and vehicles*|
|ASCRPP does not cover...|
|Damage to tires||Damage to tires and tubes cause by blow out, bruised, cuts, punctures or other causes inherent in the use of the equipment.|
|Damage from abuse||Damage to equipment resulting from intentional abuse|
**Customer is responsible is responsible for the care and safekeeping of the rental equipment from the time of delivery until retrieval by the company. Customer agrees that it will use its best efforts to protect the equipment from loss, theft or damage at all times during the rental period, and until the equipment is retrieved and in American Spot Cooling's possession.
ASCRPP Restrictions and Exclusions:
Damaged Equipment -When a customer rents equipment covered under the ASCRPP program the customer will not be required to fill out a claim form for damages less than $15,000. If damage to a piece of equipment exceeds $15,000, the customer is required to complete an incident report form for the RPP Claims Management team to review. Claims will be subject to denial if the damage is determined to be due to: striking an overhead object while in motion, acts of God such as floods, hurricanes, wind, storms, earthquakes or fires, overloading rated capacity, exposing equipment to corrosive material, damage to tubes and tires, overturning equipment, claims history, filling a reservoir with the wrong type of fluid, situations where equipment is used outside the intended purpose or capacity of the machine Stolen Equipment -When equipment covered by ASCRPP is stolen from a customer a valid police report must be provided for the ASCRPP claim to be approved. If a police report is provided and American Spot Cooling and Power Rental's investigation determines no evidence or suspicion of customer conversion, the claim will be approved. Claims may also be denied if: a valid police report is not provided, the customer did not safely secure the equipment or provide the keys to the branch, evidence or suspicion of conversion, claims history.
*ASCRPP covers the first $75K of damage or loss. For repair or lost costs over $75K, ASC will work with the customer and their insurance company.
*ASCRPP claims may be denied or put on hold if customer account balances are significantly past due.
*The RPP and Rental contract must be paid in full for an RPP claim to be approved.
Instructions for ASCRPP Opt-out
- Submit Certificate of Insurance with boxes 1, 2, and 3 completed (as shown below). This must be property insurance, not liability.
- Email completed COI to firstname.lastname@example.org