LensRentals.com Updates Damage Waiver Plans, adds Theft Coverage.
By| April 22, 2014
Meet Lenscap and Lenscap+
The Lenscap protection plans are optional add-ons that limit your liability in the case of a covered event causing damage or total loss of products on your rental.
Simply, if a covered event occurs to equipment protected by a Lenscap plan, your liability is limited to the lesser of the cost to repair the equipment or 10% of the replacement cost.
What is Covered by the Standard Lenscap Plan?
Effectively, the standard Lenscap protection plan replaces the pre-existing Lensrentals Damage Waiver program and covers accidental damage to our equipment as long as you can return it to us. It even covers bear attacks. In the case of damage, your liability will never exceed 10% of the replacement cost of the damaged equipment, no matter how expensive the repair actually is.
What is Covered by the Lenscap+ Plan?
Lenscap+ offers the same protection as the standard plan for accidental damage to the equipment, but additionally protects you against certain situations that make it impossible to return the equipment that you rented.
Was the equipment stolen? You’re covered. Is it at the bottom of the ocean after it fell overboard? You’re covered. Did it get sucked up in a tornado? You’re covered. Did it fall off an aircraft (seriously)? You’re covered.
Just like with the standard Lenscap plan, your liability is limited to 10% of the replacement value of the covered equipment.
|Fell from Aircraft||✓|
* Liability limited to maximum of $100,000. Amounts in excess of $100,000 are 100% liable.