Is REP right for you?
Damage Scenario:
A Crawler Dozer accidentally rolls over, causing $7,000 worth of damage. |
| |
With REP |
Without REP |
| Cost to Rent |
$3,800 |
$3,800 |
| Cost for REP |
$532 |
N/A |
| Deductible |
$2,500 |
N/A |
| Cost to repair |
$0 |
$7,000 |
| Total |
$6,832 |
$10,800 |
TOTAL CUSTOMER SAVINGS $3,968
|
Damage Scenario:
Excavator is totaled. Replacement is $60,000. |
| |
With REP |
Without REP |
| Cost to Rent |
$4,500 |
$4,500 |
| Cost for REP |
$630 |
N/A |
| Deductible |
$2,500 |
$25,000 |
| Total |
$7,630 |
$29,500 |
TOTAL CUSTOMER SAVINGS $21,870
|
Under REP, Nortrax will not hold you responsible for most causes of damage while the equipment is out on rent. In the event of a loss, the REP will cover the replacement or repair of the damaged equipment. Simply indicate on your rental agreement that you would like to take advantage of Rental Equipment Protection. Nortrax will take care of the rest.
COVERED PERILS
REP waives responsibility for more types of loss than most damage waivers. A short list of what REP covers includes, but is not limited to:
Collision
Fire
Theft |
Vandalism
Tornado
Flood |
Earthquake
Hail
Wind |