22 Pegler St, London,
ON N5Z 2B5, Canada226-700-8065
London Equipment Rentals
Equipment Lease Protection (ELP)
EQUIPMENT LEASE PROTECTION (ELP)
Coverage: The ELP is an optional service that
limits your responsibility for repair or replacement costs if
equipment is lost, damaged, or destroyed during your rental.
Limits:
10% of the equipment's
value for lost items (up to $500 per item).
10% of repair costs for
accidental damage (up to $500 per item).
Any tire repair costs
over $50.
No charges for rental
fees during the repair or replacement period.
Cost: If you choose to add the ELP, it costs
15% of the total rental charges (plus applicable taxes).
Conditions: To benefit from the ELP:
You must accept and pay
for the ELP before the rental starts.
You must comply with all
terms of the rental contract.
Your account must be in
good standing.
Exclusions: The ELP does not cover:
Intentional misuse.
Equipment not reported
as lost within 48 hours to the police.
Damage from natural
disasters (floods, storms, etc.).
Equipment accessories
not covered by the ELP.
Important: The ELP is not insurance and does
not cover liability for injuries or property damage. It only
reduces your financial responsibility for certain types of loss
or damage.