Renmo Risk Protection Terms and conditions

Renmo Risk Protection General Terms and Conditions

1. Renmo Risk Cover is a separate agreement provided by Renmo Estonia OÜ to the Renter for an additional fee, in addition to the Equipment Rental Agreement, limiting the Renter's financial liability under the Rental Agreement and the Law of Obligations for loss of or damage to the Equipment in the Renter's possession in accordance with these Terms.
2. The conclusion of a risk insurance is voluntary for both natural and legal persons... The Lessee undertakes to pay a surcharge for this purpose, which will be indicated in the Equipment Rental Contract. In the absence of an agreement, the Lessee shall be fully liable for the Equipment in accordance with the Lease Contract and the law of obligations. The Renmo Risk Protection Agreement shall be concluded for the entire duration of the Rental Agreement.
3. Renmo Risk Protection is only valid if the Renter has paid for the risk protection service at the time of ordering, according to the price list on the shopping cart page.
4. The risk cover extends to the Equipment specified in the rental agreement, which is in the possession or under the responsibility of the Renter under the rental agreement and located in Estonia. The Renmo Risk Cover applies only to direct losses of the Rental Equipment and does not cover indirect losses and expenses (e.g. loss of profit, financial loss, transport, cleaning, replacement, dismantling, etc.).
5. Renmo Risk Protection applies only if the damage is not covered by the Renter's insurance policy or the Renter has no insurance policy. The Lessee must always notify his insurer of the damage and inform the Lessor of the existence of an insurance contract. Renmo Risk Protection is always secondary and the Renter's existing indemnity insurance is always primary.
6. Renmo Risk Protection applies under the following conditions:
   1. all instructions for use and installation have been followed;
   2. Renmo Risk Protection is selected for the entire rental period and the claim occurs during the rental period;
   3. the damage was unexpected and unforeseen for Rentnik;
   4. the Lessor will be notified immediately of the damage and the damaged equipment will be returned as soon as possible.
7. Subject to the assumptions set out in the preceding paragraph, the Lessor agrees to reduce the Lessee's financial liability for the preservation of and damage to the Leased Equipment in the Lessee's possession. The Renter's reduced financial liability shall be 5% of the value of the Equipment.
8. The amount of the loss is determined by the Lessor. If the amount of the damage is less than or equal to the Renter's liability as set forth in the preceding paragraph, it shall be fully compensated by the Renter, and the corresponding portion shall be settled with the Renter immediately upon return of the rental equipment or immediately upon the Lessor's assessment of the damage. The repair and restoration of damaged property shall always be the responsibility of the Lessor.
9. Renmo Risk Protection does not apply if:
   1. The renter has not paid for Renmo Risk Protection;
   2. damage caused by failure to follow the installation and/or operating instructions;
   3. the Lessor has not been notified of the event in due time;
   4. the conditions and requirements set out in the lease have not been met;
   5. The tenant provides incorrect information or the extent or occurrence of the damage cannot be established.
10. Renmo Risk protection does not apply:
    1. if the damage was caused by the use of the Device for purposes other than those for which it was intended (e.g. during transport);
    2. damage caused to third parties;
    3. damage to consumables and supplies;
    4. damage resulting from demolition work;
    5. clean-up or damage caused by sandblasting, painting, plastering or similar works that cause a significant amount of dirt/soiling;
    6. damage caused by poor-quality fuel;
    7. damage caused by exceptional climatic events (e.g. floods, storms, fluctuations in water levels, movement of ice, etc.);
    8. damage caused by explosion, war, armed conflict, strike, radioactive substances and other similar situations or events;
    9. lost or missing Equipment or parts of Equipment.
11. In the event of any damage:
    1. the first priority must always be to ensure the safety of people. If an incident has resulted in injury to people, the incident should be reported to the Emergency Response Centre and action taken as instructed. In the event of theft, vandalism or robbery, it is essential to report the incident to the police and follow the instructions given;
    2. in the event of damage, measures must be taken to prevent further damage and to ensure general safety and the preservation of property;
    3. memorise or note down as much as possible of the facts of the accident, such as the registration number of the other vehicle involved in the accident, details of witnesses, the location of the damage, etc;
    4. notify the Lessor as soon as possible, but not later than 72 hours, of the damage and provide an assessment and a brief summary of the amount and circumstances of the damage. Agree on further action.