Insurance Excess. 5.1 If a claim arising under any policy of insurance effected by the Landlord upon the Premises shall be subject to any insurance excess the Tenant shall reimburse or otherwise indemnify the Landlord against the amount of such excess
Insurance Excess. The term “
Insurance Excess. 11.1 Subject to clause 12, the Camper is insured by Mojo Campers under a policy of motor vehicle insurance (Insurance) from a licensed insurance company.
11.2 Where an Insurance claim is accepted by Mojo Camper’s insurer, You must pay the applicable insurance excess and Your liability will be covered by Mojo Camper’s insurer up to the amounts described below:
(a) in respect of Damage, a sum insured equal to the market value of the Camper at the time of the claim, in aggregate in respect of all claims;
(b) in respect of Loss incurred by Xxxx, a sum insured of $10,000,000 per claim; and
(c) in respect of Loss incurred by any third party, a sum insured of $10,000,000 per claim.
11.3 Multiple Insurance claims will result in multiple excesses being payable by You.
11.4 Where an Insurance claim is not accepted by Mojo Camper’s insurer Your liability will not be covered by Mojo Camper’s insurer.
11.5 The premium for the Insurance, with a standard excess of $2000, is included in the Rental Fee. The standard excess is subject to adjustment in particular circumstances as set out below.
11.6 If, at the time of the accident or other event giving rise to Damage or Loss, the Camper is driven by a person under the age of 25 years, the following excess will apply in addition to the standard excess set out in clause 11.5:
(a) the driver is aged 25 or over but has held a full NZ driver licence (or equivalent thereof) for less than 12 months, $500;
(b) under 21 of age regardless of length of time that licence held, $1000; and
(c) over 21 years of age but under 25 years of age regardless of length of time licence held, $500.
11.7 If the only Damage to the Camper is to the Camper’s window glass, a reduced excess of $100 will apply in respect of that claim, unless agreed otherwise with Mojo Campers in writing.
11.8 Mojo Campers provides excess reduction options to You. You can reduce your standard excess of $2000 to $1000 by paying an extra cover fee of $22 per calendar day of Your rental. Maximum charge for $1000 excess reduction option is $308 (14 days). If You wish to lower Your insurance excess from $2000 to $500 an extra cover fee of $39 per calendar day applies. Maximum charge for $500 excess reduction option is $546 (14 days). If You wish to lower Your insurance excess from $2000 to $0 an all- inclusive fee of $49 per calendar day applies. Maximum charge for $0 excess reduction option is $686 (14 days). The $0 excess reduction option also includes windscreen damage & ty...
Insurance Excess. The Renter shall pay on demand any excess levied by PSS’ insurer in respect of damage to the Equipment whilst the Equipment is within the Renter’s care. As at May 2021, the standard damage excess levied by PSS’ insurer is $5,000.00.
Insurance Excess. In the event of damage by cause other than circumstances described in Clause 9.1.e.i
Insurance Excess. Any amount which may be deducted or disallowed by the Management Company’s insurers pursuant to any excess provisions in the insurance policies upon settlement of any claim by the Management Company.
Insurance Excess. Pe Owner agrees to provide and the Hirer agrees on choice of the following insurance option: Insurance option Your Insurance Excess inc GST Standard Insurance Excess inc GST
Insurance Excess. Without limiting clause 8, if in connection with the negligence of, any act or omission by, or any breach of this Agreement by the Hirer, RPCA must make a Claim under any insurance policy it maintains, the Hirer must pay to RPCA immediately on demand the amount of any excess paid or payable by RPCA to RPCA’s insurer in that regard.
Insurance Excess. The corresponding part of the amount of expenditure to be borne by the Insured Party.
Insurance Excess. Tenant shall also pay, as Additional Rent, Xxxxxx’s Proportionate Share of any increases in Insurance for each year and partial year falling within the Term over the Insurance for the Base Year described in Section 1 (“Insurance Excess”). Insurance Excess for the Base Year shall not include any costs (including higher premiums) related to any casualties or other events for which Landlord makes an insurance claim during the Base Year. Tenant shall pay Tenant’s Proportionate Share of Insurance Excess in the same manner as provided above for Tenant’s Proportionate Share of Operating Cost Excess. “Insurance” shall mean property, liability and other insurance coverages carried by Landlord, including without limitation deductibles and risk retention programs and an equitable allocation of a portion of the cost of blanket insurance policies maintained by Landlord and/or its affiliates.
