Rental Equipment Protection (REP) is a straightforward way to protect against accidental damage or loss
of rented equipment during the rental period. For added protection, Rental Liability Protection (RLP) helps
cover third-party injury or property damage that may occur during equipment operation.
Together, these options provide broader coverage so you can rent with greater confidence.
Rental Equipment Protection
Coverage Options:
RENTAL EQUIPMENT PROTECTION (REP)
Physical damage coverage including, but not limited to:
- Accidental damage
- Collision
- Theft
- Fire, flood, wind, hail
- Overturns and falling objects
- Other non-excluded perils
RENTAL LIABILITY PROTECTION (RLP)
Liability coverage for:
- Third-party bodily injury
- Third-party property damage
occurring during equipment
operation - Coverage for operators and
their employees during the
rental period
RENTAL EQUIPMENT PROTECTION *EXCLUSIONS:
- Civil authority: seizure, confiscation, destruction, or quarantine of property
- Contamination or deterioration: corrosion, decay, fungus, mildew, mold, rust, etc.
- Criminal, fraudulent, dishonest, or illegal acts: use and damage while committing a crime
- Loss of use: delay or loss of market
- Manufacturers’ specifications: use of machines outside of manufacturers’ specifications (i.e., overloading, improper fluids, etc.)
- Mechanical breakdown: mechanical structure, electrical breakdown or malfunction
- Missing property: unexplained or mysterious disappearance (i.e., shortage of property discovered on taking inventory)
- Nuclear hazard: nuclear reaction, radiation, or radioactive contamination
- Pollutants: release, discharge, seepage, migration, dispersal, or escape of pollutants
- Temperature or humidity: dryness, dampness, humidity, or changes in or extremes of temperatures
- Transit: machines are not covered during transit
- Voluntary parting with title
- War and military action: war, warlike action by a military force, insurrection, revolution
- Weight of load: equipment overloading
- Wear and tear
*Any and all other excluded perils
BENEFITS
While REP is required for customers who do not have existing rental coverage, it is a value-added option for customers who do. When paired with Rental Liability Protection (RLP), it provides broader protection for both equipment and jobsite risk. Here’s why:
• REP is separate from your own equipment coverage. Claims will not affect your property and casualty premiums.
• The straightforward All Risk coverage makes for hassle-free claims.
• If equipment is damaged while rented, you are not liable to pay diminished value.
• REP stays in effect as long as the equipment is rented.
• RLP adds a layer of liability protection beyond equipment damage.
• Helps reduce exposure to third-party claims during operation.
• Can be used in place of or alongside existing liability coverage.
PER MACHINE DEDUCTIBLE
• $1,000 deductible for machines valued up to $25,000
• $2,500 deductible for machines valued over $25,000
**REP is typically 15% of the rental rate, RLP is typically 4%, and combined REP and RLP
coverage is typically 19%. If equipment is damaged while on rent, contact your Fabick Cat Rentals representative immediately. Failure to report serious damage could invalidate the REP agreement.