Damage & Loss Waiver
The Damage & Loss Waiver is an optional damage insurance that is available to you when you rent a powered access platform.
Horizon Platforms treat the damage insurance as a waiver of their right to make the renter pay for damages to the platform while on site.
It is company policy that all customers are required to have damage insurance included in the rental of a powered access platform. There may be occasions where the platform is already covered on your existing plant insurance policy and there for will not need this service.
Why ? - Horizon Platforms Waiver Agreement takes the worry out of hiring expensive access equipment, giving you peace of mind every time you use our plant.
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.
Theft & Loss Waiver
What are the Costs of Theft & Loss ? - Theft and Loss is calculated as a percentage of your total hire charge – 10% on all powered platforms.
Is Theft and Loss 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 Theft and Loss Waiver.
What Does Theft & Loss Waiver Cover ? - The theft and loss of the powered access equipment hired from us (excluding theft by hirer).
Is Theft & Loss Waiver an Insurance ? – Theft & 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.
Is there an Excess ? - There is no excess in the case of repairable accidental damage. £1,000 in the case of total loss.
What are the Exclusions ?
Third Party claims.
Paint spillage and over-spray.
Damage caused by non-observance of daily maintenance.
Use by untrained operators.
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.
Damage caused whilst equipment is being lifted or carried by forklifts, cranes, hi-abs, etc.
Use on a Public Highway.
You will continue to be bound by the Terms and Conditions of the Construction Plant-Hire Association Model Terms & Conditions.
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 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 / Theft & Loss Waiver Plan, been given an interest in the policy by agreement with us.