Insurance on Leased and Rental equipment is covered in the following ways:

RENTWARE long term LEASED equipment must be insured by you for the duration of the lease while it is located on your premises. We require proof that all equipment is insured.

RENTWARE Short term RENTAL insurance is governed by the following terms and conditions: Being the property of RENTWARE COMPUTER RENTALS cc, loss of or accidental damage to all equipment is insured in terms of RENTWARE COMPUTER RENTALS, CC’s own business insurance, subject to the following exceptions and excesses, for which the LESSEE will be liable:

TYPE OF LOSS LESSEE’s RESPONSIBILITY/LIABILITY
Any loss due to theft or damage To be reported to the police and Rentware Computer Rentals immediately
Theft of equipment from premises not protected by an alarm linked to 24 hour armed response is not covered. 100% of the replacement cost
Theft of equipment from an unattended vehicle 100% of the replacement cost
Theft of equipment from locked boot of an unattended vehicle and there is visible proof of forcible entry into the locked boot 10% of claim, subject to a minimum excess of R3000 [or a minimum excess of R1000 if no laptops are involved]
Loss of or damage to equipment due to theft or attempted theft where equipment had been left in a vehicle overnight is not covered 100% of the replacement cost
Loss of or damage to equipment left in a vehicle overnight the vehicle is housed in a securely locked building and entry to or exit from the building is accompanied by forcible and violent entry or exit 10% of claim, subject to a minimum excess of R3000 [or a minimum excess of R1000 if no laptops are involved]
All other losses due to theft or accidental damage [a] 10% of claim, subject to a minimum excess of R1000 with respect to desktop equipment[b] 10% of claim, subject to a minimum excess of R3000 with respect to laptops

In the event of the theft of equipment the LESSEE will be responsible for the payment of rental until either the equipment is returned or the payment of the monetary value of the equipment.