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Who needs insurance?
The simple truth of the matter is, unless you consider yourself to be a
very lucky person, everyone needs some type of insurance. If your
home owner's policy or business policy will cover equipment you rent
from us, great. If not, please consider adding in the optional
insurance.
What will the rental insurance cover?
The rental insurance will cover repair or replacement of a lens if it
is damaged. You will then be responsible for paying the
deductible which is 10% of the replacement value. If you do not
purchase the optional rental insurance, you will be responsible for the
cost of repairing or replacing the damaged lens.
Example: You
rent a lens that has a value of $1,000 and do NOT purchase the rental
insurance. You then damage the lens while you are renting it and
the lens requires repairs totaling $300. You are responsible for
the entire $300.
Example: You
rent a lens that has a value of $1,000 and DO purchase the rental
insurance. You then damage the lens while you are renting it and
the lens requires repairs totaling $300. You are responsible for
paying the deductible of $100 ($1,000 x 10%). We will pay for the additional $200 for the repair.
What will not be covered by the rental insurance?
Losses due to negligence on the part of the renter will not be covered. Theft is not covered. Water damage is not covered.
What if I have some other questions about rental insurance?
No problem, just give us a ring at 877-578-4777. We'll be happy to help you out.
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