Good for When the Unexpected Happens

This insurance solution protects rented property against sudden and unforeseen events such as fire, theft, vandalism, equipment breakdowns, or water damage.

Everyone who rents from us must have their machinery and equipment insured—either through us or through their own insurance policy that covers rented machinery and equipment. Our current customers who do not purchase the insurance package are usually those with framework agreements in which this specific matter is already covered.

If a customer does not wish to purchase the rental insurance, an exception must be granted by the branch manager upon presentation of another equivalent insurance policy. It must be documented in writing that the customer does not wish to purchase the rental insurance to avoid disputes later on.

It costs 6% of the gross rental price according to the current price list.

In addition to being a prerequisite for renting machinery/equipment from Renta as described in the sections above, the cost of activating the security solution is only 4,000 SEK per claim if you have taken measures to prevent theft and have not violated applicable laws and regulations.

A premium of 4,000 kronor is considered low in this context, since standard contractor’s insurance policies often have significantly higher premiums and do not provide as comprehensive coverage.

For damage amounting to less than the premium, the actual cost will be charged

Simplicity is another advantage, since the cost is entirely variable depending on how much you rent—that is, if your risk increases, so does the premium, and vice versa. The cost of the insurance solution appears on the same invoice as the rent.

Examples

• The daily rental rate for a soil compactor (500 kg) is approximately 310 SEK per day, and the cost of the security plan is 6% of the daily rental rate, or 15 SEK. If the soil compactor were to be stolen, the customer would pay only 4,000 SEK as a security solution premium. Compare that to a new price of approximately 65,000 SEK.

Renting a scissor lift (7.9 wide) costs about 1,450 SEK per day, and the cost of the safety solution is approximately 72 SEK. The new price for a scissor lift is about 139,000 SEK—the same premium applies here: 4,000 SEK.

• In cases of wear, corrosion, and deposits.
• Negligent handling
• In the case of subleasing of
• In the case of theft without a break-in
• In the event of theft in/from
• In the case of graffiti
• Other property other than the leased property (excluding equipment subject to mandatory motor vehicle insurance)

• In the event of theft , unless reasonable security measures have been taken in light of the property’s value and likelihood of being stolen,
  • A ground vibrator stored at the worksite must be secured with a lock of Class 4 and a chain of the same class (the time of breakage must be specified).
  • that equipment must be locked away when not in use, in a container equipped with a lock of at least Class 4, and, if possible, with an alarm when the value of the contents of the container exceeds

For the insurance to apply in the event of theft or other misappropriation, the renter must be able to specify the time of the crime and must have taken reasonable precautions, taking into account the value of the property and its susceptibility to theft. Reasonable security measures may include, for example, locking tools in a tool container with proper locks, such as a Class 4 padlock.

The lessee must comply with laws, applicable regulations, government guidelines, and the manufacturer’s instructions in order to prevent or limit damage.

When the vehicle or machine is left unattended, the ignition must be locked and the key removed. The ignition key, key card, or similar item must not bear any information regarding name, address, or registration number.

Any vehicle parts or equipment that have been removed from the vehicle and are not stored in the vehicle must be locked away in a space accessible only to the policyholder. Items (such as buckets, rippers, cutters, forks, and crane booms) that, due to their size, cannot reasonably be stored under lock and key must be secured with a Class 3 chain lock.

For aerial work platforms and similar equipment, the outriggers must be extended during overnight storage.

In cases where property is stored overnight on a trailer, the trailer must be equipped with a locking device approved by us. An example of an approved locking device is a trailer lock approved by the Swedish Anti-Theft Association.

For vehicles subject to mandatory auto insurance, the security solution acts as an elimination of the deductible (when damage covered by this solution occurs). The security solution does not apply to the traffic coverage component. Third-party liability is covered under our current auto insurance policy, and in the event of damage to a third party, the deductible ranges from 4,000 SEK to 0.4 base amounts, depending on the extent of the damage.

The security solution is not a comprehensive insurance policy

When renting specialized equipment, an individual insurance assessment is conducted.

• Always contact your landlord immediately
• Please provide the order number and specify which property is involved.
• Describe and document (take photos of) what happened as thoroughly as possible.
• In the event of theft, burglary, robbery, or any other crime, a police report must be filed on the same day the theft was discovered. The police report must specify the measures taken to prevent damage. These measures must be reasonably proportionate to the value of the property and its susceptibility to theft.
• A copy of the police report is attached to the damage report and sent to