Speedy Shield Terms and Conditions
Speedy Shield
Speedy Shield - Damage Waiver is our damage waiver product and where purchased provides the waiver of an initial damage value of £500 as set out below. The waiver operates as a variation to our Standard Terms and Conditions which will mean that whilst you still remain responsible for our Equipment during the period of hire, the initial £500 of any accidental damage to our Equipment will be waived by Speedy. Speedy Shield – Damage Waiver will apply to all eligible Equipment detailed below. You will still have to pay any balance over the damage waiver value. The damage waiver is not an insurance policy and operates subject to the limitations and conditions below. Please read these carefully.
Limitations and Conditions
Speedy Shield - Damage Waiver applies to such Equipment available for hire from Speedy as is notified to you at the point of selection of the waiver product and charged by us and charged at an additional 10% of the relevant hire charge (plus VAT).:
| Cost as a % of hire rate | Amount of waiver | |
|---|---|---|
| Damage Waiver | 10% | First £500 |
- If you are a cash customer then Speedy Shield Damage Waiver above will be automatically charged and will apply.
General Conditions
1. No waiver will apply where:
- you fail to take all reasonable steps to protect the Equipment hired to you and prevent accidental damage and ensure the Equipment is operated and maintained in accordance with the instructions;
- you continue to use the Equipment after it is damaged;
- the Equipment is used other than for the specific purpose for which it is intended;
- damage is caused by wilful or malicious behaviour;
- the Equipment is lost or stolen or you fail to return the Equipment or allow Speedy to collect and inspect it;
- you fail to report any damage to the Speedy hiring depot as soon as possible and within 2 working days of the damage occurring or fail to continue to protect the damaged Equipment following notification;
- the Equipment has been lent, rehired or made available for use by you to any third party;
- you have a credit account with Speedy and you did not pay for the relevant Speedy Shield product on the due date or your account is in arrears when you notify us of the damage;
- the damage is caused by chemical spills, paint, concrete, masonry (or similar) spillage or overspray.
2. Where you have chosen Speedy Shield – Damage Waiver, it will apply to your account with Speedy, and cover will apply to all eligible Equipment hired by you until you give notice the Speedy Shield – Damage Waiver product is no longer required. Notice of cancellation may only be given after all Equipment on hire is returned to Speedy.
3. The waiver is not insurance and does not provide any compensation for loss or damage caused to your or any third party property and / or to any person or person(s)
4. Speedy reserves the right to decline any request to purchase Speedy Shield – Damage Waiver at any time
5. These terms are subject to change and withdrawal at any time (on written notice)
Speedy Shield - Loss Waiver
You can extend the level of waiver within Speedy Shield – Damage Waiver and include a waiver for loss or theft of certain Equipment by purchasing Speedy Shield – Loss Waiver. This is available for Equipment within Speedy’s Self Powered Mobile Elevating Work Platform fleet only.
The loss and damage waiver is not an insurance policy and operates subject to the limitations and conditions, as well as the General Conditions detailed below. Please read these carefully.
Limitations and Conditions
| Cost as a % of hire rate | Amount of waiver | |
|---|---|---|
| 20% | First £80,000 (above £1,000 in the event of total loss) |
Conditions appliable to Loss Waiver
The General Conditions set above applying to Speedy Shield - Damage Waiver apply to Speedy Shield - Loss Waiver, with the exception of the exclusion of the waiver for loss or theft of the Equipment (where you will be responsible for the first £1,000 of the value of the Equipment in the event of a total loss or theft). Speedy Shield - Loss Waiver is subject to the additional conditions below:
- No waiver will apply where:
- the Equipment has been operated other than by competent qualified individuals;
- the damage or loss is caused by exposure to flood water;
- the damage or loss relates to batteries, tyres, lights, control boxes or wiring of the Equipment;
- the damage or loss was caused during transit other than where effected by Speedy;
- the Equipment has not been kept in a locked compound when not in use with any keys kept in a separate location to the Equipment;
- you have taken the Equipment outside the United Kingdom;
- any theft has not been reported to the police immediately on discovery and a crime reference number provided to Speedy within 2 working days of discovery of the theft;
- the Equipment is stolen by you, your employees, sub-contractors or those you are responsible for or connected with;
- any loss or damage is increased by reason of fraud or dishonesty of you, your employees, sub-contractors or those you are responsible for or connected with; and
- the damage or loss is caused by reason of acts of terrorism, war, explosion or radiation.
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