Renta-Turva

Contract terms:

1.  By choosing Renta-Turva for rental equipment, the customer can reduce the liability associated with rental equipment based on the current General Rental and Service Conditions of the Technical Trade’s machine rental companies (hereinafter referred to as TK Machine Rental), including the addition by Renta Oy. The customer’s liability under Renta-Turva is determined according to the product-specific deductible specified in the agreement. In situations where the actual repair costs are less than the deductible, only the actual costs will be charged. Both Renta-Turva and the deductible are subject to value-added tax.

2.  Renta-Turva covers the machines and equipment specified in the rental agreement between Renta Oy and the customer, for which the customer has selected Renta-Turva. Renta-Turva is valid for the rental period of each machine or equipment and only within Finland. For rented equipment transported outside Finland, the liability is determined according to the then-current TK Machine Rental conditions.

3.  The validity of Renta-Turva requires that the customer pays the rents (including the parts of rents related to Renta-Turva) on time and in full on the due dates.

4.  The validity of Renta-Turva also requires that the rental item be returned to the Renta Oy branch from which the product was rented or to another location designated by the branch. In exceptional cases and at its discretion, Renta Oy may accept the inspection and repair of the rental item at the customer’s construction site.

5.  Renta Oy may designate Renta-Turva as mandatory for the rental item, meaning that the product is only available for rent if the customer has selected Renta-Turva for that item. Renta Oy also has the discretion to exclude some of its equipment from Renta-Turva and the right not to grant Renta-Turva.

6. Under Renta-Turva, the customer’s liability is limited to the predetermined deductible amount when:

• the customer has chosen Renta-Turva for the products and accepted the associated charges,
• the rental item is damaged or destroyed suddenly and unexpectedly during the rental period. In other situations, the customer’s liability is full.

7.  However, Renta-Turva does not cover damages in certain situations, even if the customer has chosen Renta-Turva for the rental item. In these situations, the customer’s liability is determined according to the then-current TK Machine Rental conditions. Examples of situations where Renta-Turva is not valid include damages caused intentionally or negligently, damages caused by using or moving the rental item against usage, installation, or regulatory instructions, damages resulting from unauthorized use, theft, or any other crime, damages caused by using or moving the rental item under the influence of alcohol, drugs, or performance-enhancing drugs, damages caused by vandalism or scratching of the rental item, tire punctures, damages caused by consumables such as fuel and lubricants or other fluids used for the rental item, loss or forgetting of equipment, damages caused by blasting or excavation work, damages caused by work significantly dirtying or damaging the rental item such as plastering, sandblasting, painting, or similar activities, damages caused by handling and using significantly dirtying, corrosive, or abrasive substances and materials, damages due to natural phenomena such as floods, storms, or rains, damages to third parties. The above examples are not an exhaustive description of situations where Renta-Turva is not valid.

8.  Renta-Turva is not an insurance but only limits the customer’s liability as agreed upon in point 6. For example, Renta-Turva does not cover any direct or indirect damages arising from the rental item or its use for Renta Oy, the customer, their personnel, or property, or any third party. In particular, it is noted that Renta-Turva does not cover costs related to transportation, exchange, clearance, or demolition, which are the customer’s responsibility.

9.  Payments related to Renta-Turva are not refunded to the customer, regardless of whether damage has occurred to the rental item. In situations where the customer extends the rental period, Renta Oy charges the Renta-Turva fee for the extended rental period if it is included in the previous rental period. The deductible of Renta-Turva is charged immediately upon the return of the rental equipment or within a reasonable time after Renta Oy has noticed the damage.

10.  In situations where the customer has neglected the payment of Renta-Turva or the rent in full (including value-added tax), liability is determined according to the then-current TK Machine Rental conditions.

11.  Renta-Turva is always secondary to the customer’s existing insurance that covers damage to the rental item. In such situations, the customer is obliged to first claim from the insurance company all insurance compensations according to the insurance conditions. The customer is obliged to pay to Renta Oy all insurance compensations received, even if the amount exceeds the deductible of Renta-Turva.

12.  Repairs and refurbishments of the rental equipment related to damage are handled by Renta Oy, including situations where Renta-Turva does not cover the costs, and the customer has cost responsibility.