Damage & Loss Waiver


Why ? - Horizon Platforms  Damage & Loss Waiver Agreement takes the worry out of damaging or loss of expensive access equipment, giving you peace of mind every time you hire our plant. 

Damage & Loss Waiver - The Damage & Loss Waiver is an optional agreement insurance that is available to you when you rent a powered access platform.

Horizon Platforms Ltd treats the agreement as a waiver of their right to make the hirer pay for damage & loss to the platform while on site. It is Horizon Platforms Ltd company policy that all hirer's are required to take out the Waiver Agreement unless the hirer has provided adequate proof to Horizon's satisfaction that they have an existing hired in plant Insurance to cover loss or damage arising to the Access Platforms being hired.



Damage Waiver

Even in the most controlled working environment accidental damage can occur, leaving you to pay the cost of repairing the equipment. By investing in Damage Waiver, Horizon Platforms will take away the worry of paying for the accidental damage to hired equipment. 


How does it Work ? - Your damage waiver payment absorbs most repair costs to hired equipment. Without it, you will be required to return the plant undamaged to pay the full costs of any repairs. 


How much does it Cost ? - Damage Waiver is calculated as a percentage of your total hire charge – 10% on all powered platforms. 


What does Damage Waiver Cover ? - Horizon Platforms Damage Waiver Agreement will cover all repair expenses and accidental damage except those specifically excluded beneath. 


Is Damage Waiver Compulsory ? - The agreement is compulsory to cash customers and optional to account customers. However account holders must provide a letter stating in advance they will be responsible for any damage to hired equipment should they decline Damage Waiver.


 Is Damage Waiver an Insurance ? - Damage Waiver is not an insurance. It is simply a waiver of Horizon Platforms’ legal right to have equipment returned in the same condition as when it leaves the depot. 


Excess Is there an Excess ? - There is no excess in the case of repairable accidental damage. £1,000 in the case of damages beyond economical repair payable by the hirer.


Theft & Loss Waiver


How much does it cost? - Loss waiver is calculated as a percentage of your total hire charge - 10% on all powered platforms.


Is Loss Waiver Compulsory ? - The agreement is compulsory to cash customers and optional to account customers. However account holders must provide proof that their own insurance covers ‘hired in’ plant should they choose to decline Loss Waiver. 


What Does Loss Waiver Cover ? -  Theft or malicious damage of the powered access equipment hired from us (excluding theft by hirer). 


Is  Loss Waiver an Insurance ? – Loss Waiver is not an insurance. It is simply a waiver of Horizon Platforms’ legal right to have equipment returned in the same condition as when it leaves the depot.


Excess Is there an Excess ? - £1,000 in the case of total loss payable by the Hirer.



Exclusions


All exclusions below apply to both Damage & Loss waivers


Third Party claims. 

Paint spillage and over-spray. 

Damage caused by non-observance of daily maintenance. 

Inadequate security. 

Use by operators not suitably qualified to IPAF / CITB Standard.

Any gross negligence. 

Damage caused by over loading. 

Damage whilst using the machine other than for its designed purpose. 

Damage by fire when hot work is being undertaken. 

Damage due to corrosion by chemicals. 

Damage whilst it is on hire/loan to/or used by any other party.

Wilful damage. 

Damage caused whilst equipment is being lifted or carried by forklifts, cranes, hi-abs, etc. 

Loss or Damage caused by or contributed to or arising from disappearance and/or unexplained or inventory shortage.

Operational  wear and tear due to misuse/misredirection.

Use on a Public Highway. 


Important You will continue to be bound otherwise by the Terms and Conditions of the Construction Plant-Hire Association Model Terms & Conditions. 




Requirements


Daily and weekly equipment checks on batteries etc. 

Safe Storing of the equipment when not in use within a secure compound or secure building. 

Trained operators being defined as suitably qualified operators IPAF / CITB Standards. 

We confirm that we have insurance cover that protects us against loss or damage to the hired out plant and equipment. We will arrange for you , as the hirer, to be given an interest in the relevant policy. Although you will not be a party to our Insurance policy and will not have any direct rights or action against our Insurers, our Insurers have nevertheless agreed with us that they will not exercise any subrogation rights that they may have against you to the extent that you have, as stipulated in the Horizon Damage & Loss Waiver Agreement, been given an interest in the policy by agreement with us.  Provided always that you act as though you were the policyholder and observe, fulfil and be subject to the terms and conditions of the policy in so far as they apply.