Long term productions are required to provide two weeks advance rental and are billed weekly with 7 day terms for the duration of the project. Insurance Requirements Customers who rent frequently may have their own policy covering leased equipment. Depreciated value coverage is not acceptable. Dollar limit for leased equipment coverage is at least equal to the value of the goods being leased. Deductible provision of the above coverage must be within credit limits established by our firm for the lessee or a deposit may be required.
Rental rates accrue until goods are replaced or repaired.
The certificate must be kept current. Large corporations who are self insured may provide a letter for our file acknowledging full replacement of leased equipment that is damaged, destroyed or stolen. Inc. Customers without their own insurance provisions are required to purchase Damage Waiver Coverage for the equipment. Rates are subject to change. Customers using FCI s Damage Waiver Coverage are required to place a deposit to cover the deductible for all rentals.