We are members of HAE (Hire Association Europe) who are the leading trade association for the plant, tool and equipment hire sector.
For our latest Terms & Conditions please email hire@vertikaluk.com
Do you have Hired in Plant Insurance?
Vertikal operates under its standard Terms and Conditions for the hiring of plant and equipment. In essence, we expect the equipment hired to yourselves to be returned in the same condition it was received in.
You as our customer would therefore be liable for any damage or replacement cost of stolen equipment.
To ensure that you are covered, please ensure your insurance policy states you have ‘Hired in Plant Insurance’. We will also require a copy of this cover for our own records.
If you don’t have your own Hired in Plant Insurance, it is a requirement for the hirer to take our Short Term Hired Insurance and Loss & Damage Waiver option, which will be charged at an additional 18% of the hire rate.
Vertikal Loss or Damage Waiver Agreement
Underlying Agreement
The basis of our contract with you is a hire contract under the “Hire Association Europe” (HAE) terms & conditions for hiring goods.
Waiver Agreement
We have agreed with you that the hire contract conditions varied by this Waiver Agreement under which you are relieved of your responsibility to us for loss of or damage to plant hired to you.
Full Replacement Value Excess
£0 – £2,500 £100
£2,501 – £5,000 £250
£5,001 – £100,000 £500
Vertikal Short Term Hired in Plant Insurance and Loss & Damage Waiver
This waiver agreement will vary your hire contract terms and conditions under which you are relieved of your responsibility to us for loss of or damage to plant hired to you.
The waiver agreement is subject to the terms specified below.
Exclusions:
You are responsible for:
- Any loss from a single cause in excess of £100,000 in respect of any single item.
- Continuing Hire charges.
- Loss of or damage to attachments (cutting edges tools trailing cables or flexible pipes) other than the total loss of the complete item or attachments individually specified on the contract of hire.
- Loss or damage caused by or arising out of materials treated by the Plant or by foreign bodies entering the plant with such materials.
- Loss of the equipment only revealed when an inventory is made.
- Loss or damage or breakdown caused by your willful act or willful neglect.
- Loss or damage arising from failure to clean and conduct routine maintenance where you are responsible under the terms of the hire contract.
- Damage to tyres, fork tines and/or carriages
- Loss or damage of equipment from any unattended vehicle unless all doors of the vehicle are locked, all windows and other openings fully closed and properly fastened, and equipment is out of view or securely mounted or fixed within the vehicle or in a suitable container.
- Loss due to, or exaggerated by, fraud, by you or on your behalf.
- Loss or damage if the property is hired by you to another hirer.
- Replacement fuel due to your misfuelling error.
- Over spray, chemical and paint spillage is not covered and will incur a cleaning charge
Conditions:
- You must take all reasonable measures to protect the property hired to you and to ensure that all statutory and other regulations relating to the plant are observed where it is your responsibility under the terms of the underlying hire agreement.
- Any theft must be reported to the police immediately and the crime reference number recorded.
- Any loss or damage must be reported to us as soon as reasonably practical and in any event within 7 (seven) days of the event.
- Take photos of the damaged equipment in situ, and /or any areas of damage to the site or property following theft or vandalism.
This agreement applies to: The specific hire as invoiced
