Common use of Responsibility for Damage or Loss Clause in Contracts

Responsibility for Damage or Loss. Reporting to Police. Renter is responsible for all damage to, or loss or theft of, the Trailer, which includes cost of repair or the actual retail cash value of the Trailer if it is not repairable or if we elect not to repair it, los of use, diminished value of the Trailer caused by damage o it or repair of it, missing equipment, and a reasonable charge to cover our administrative and labor expenses connected with any damage claim, whether or not renter is at fault. Renter must report all accidents involving the Trailer to us and the police within 24 hours of occurrence and provide police report or incident number to us.

Responsibility for Damage or Loss. Reporting to Police. Renter Police – The renter is responsible for all damage to. Loss, or loss or theft ofof the trailer, during the Trailer, which rental period. This includes cost of repair or the actual retail cash value of the Trailer trailer if it is not repairable or if we elect not to repair it, los loss of use, diminished value of the Trailer trailer caused by damage o to it or repair of it, missing equipment, and a reasonable charge to cover our administrative and labor expenses connected with any damage claim, whether or not renter is at fault. Renter must report all accidents involving the Trailer trailer to us us, and the police within 24 hours of occurrence and provide police report or incident number to us.