The hirer is responsible for theft or any damage to equipment and should have adequate insurance to cover this. For customers that do not already have their own cover (eg. a Hired In Plant or Contractors all Risks policy) ViC Group is able to offer HireSecure Loss/Damage Waiver.
The cost of this cover is charged at 15% of the nett hire rate. (Waiver charge is subject to Standard Rate VAT)
Plant & Tools hired out under HireSecure are covered for:
Loss or damage at any situation in Western Europe including whilst in transit between such situations.
A limit of liability up to £100,000 any one occurrence, no single article limit. (Excesses apply)
Excess (amount deducted from each claim) for amount of loss:
Up to £500 claimed – £25
£501 to £1000 claimed – £50
£1001 to £2000 claimed – £75
£2001 to £2500 claimed – £100
£2501 to £5000 claimed – £250
£5001 and over – £500
Details of cover and exclusions can be found on our downloads page or by following the links below:
HireSecure Loss / Damage Waiver Terms