CP ApS - General Terms and Conditions

if the Customer can document that it has insurance elsewhere
for the rented equipment. In the case of theft or total
damage, the new value is replaced for up to five years
after the acquisition of the goods and subsequently at
current market value.
If the rented equipment is subject to theft, vandalism, fire,
etc., then the Customer must immediately report what
happened to the police and the police notification receipt
must be submitted to the Rental Company, just as the
Customer, in these cases and in any other, must immediately,
and within 24 hours from the time of the damage or
when it ought to have been noticed, notify the Rental
Company about the conditions by filling out and submitting
a damage report, which can be downloaded from the
Rental Company’s website: www.cp.dk.
5.2 Coverage
The risk premium covers fire, theft, water damage and
damage due to vandalism, as well as sudden damage to
the equipment. The risk premium on portable cabins, pavilions,
prefabricated modular spaces and containers
solely covers fire, and the Customer shall be liable for all
other damages, including theft, loss and vandalism and
shall be fully liable for costs associated therewith.
The risk premium covers damage to the rented equipment
and thus no consequential or indirect loss or damage
to the rented equipment or persons, nor damages
whatsoever against windows/glass, rubber wheels or
belts.
The Rental Company’s risk premium does not cover
transport of the Customer’s vehicles.
The coverage area comprises solid ground in Denmark.
In the case of self-propelled equipment, the coverage
also includes statutory liability insurance taken out by the
Rental Company with a recognised insurance company.
Damage caused by intentional or gross negligence or
other breaches by the Customer are not covered by the
risk premium and are fully borne by the Customer.
5.3 Deductible, comprehensive insurance and liability
damage
The Customer is liable for the deductible for any covered
damages to the Rental Company’s equipment for the following
amount calculated based on the new value of the
item:
New value of item
Deductible per item
in DKK
in DKK
0.00 – 50,000.00 5,500.00
50,001.00 – 100,000.00 11,000.00
101,000.00 – 200,000.00 16,500.00
201,000.00 – 400,000.00 22,000.00
401,000.00 – 600,000.00 27,500.00
601,000.00 – 800,000.00 38,500.00
800,000.00 and over 49,500.00
However, for lifts, telescopic loaders and lorry lifts,
the following deductible per item applies, in DKK:
Lifts 15,000.00
Telescopic loaders 25,000.00
Lorry lifts 5,000.00
All amounts exclude VAT.
Important: Multiple insurance claims on the same unit
may trigger more deductibles. Payment of the risk premium
does not cover professional liability.
5.4 Premium / Risk premium
The premium for equipment is calculated as 5.0% of the
rental gross price in the Rental Company’s inventory catalogue
on equipment at all times.
The premium for lifts, lorries, telescopic loaders and window
equipment is calculated as 5.0% of the current
rental gross price in the Rental Company’s lift catalogue.
The premium for portable cabins, prefabricated modular
spaces and pavilions is calculated based on a fixed price
of DKK 6.50 per calendar day per unit. Containers are
calculated based on a fixed price of DKK 2.50 per calendar
day per unit.
The premium is specified separately on the Rental Company’s
invoice. If the premium is not included on the
Rental Company’s invoice, the Customer cannot claim
insurance coverage through the Rental Company, and
the Customer shall be liable for any damage.
5.5 Lease of driverless motor vehicles in particular
For commercial renting of motor vehicles, which means
motor vehicles principally designed for self-propelled use
for passengers or goods and/or motor vehicles designed
for other purposes and that are designed for speeds exceeding
40 km/h, only section 5.5 is applicable, notwithstanding
the terms and conditions stated in section 5
above.
Liability insurance agreements for vehicles covered by
section 5.5 must be made by the Rental Company in
such a way that the Customer – and any other individuals
entitled to drive the vehicle – is deemed as insured.
In the event that the Rental Company does not have
comprehensive insurance covering loss of or damage to
vehicles mentioned in section 5.5, then the Customer
has the same legal position vis-à-vis the Rental Company
(vehicle owner) that the Customer would have had
if the comprehensive insurance had been taken out.
The Customer shall indemnify the Rental Company for
any amount up to DKK 5,000, which the Rental Company
must pay under the terms and conditions of the liability
insurance policies or in any policies with comprehensive
insurance stating that the Rental Company carries some
of the risk for the damages covered by the insurance in
question.
6. PAYMENT TERMS
The Rental Company’s payment terms are net cash, unless
a separate agreement has been entered into with
the Rental Company.
In case of late payment, the Rental Company calculates
interest per commenced month at 2.0%.
The Rental Company also charges a late fee, which is
currently DKK 100.00 per reminder sent.
The Rental Company reserves the right to charge a
three-month deposit prior to commencement of the
lease.
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