Optional Loss Damage Waiver

Tectonic
Protection Plan

Reduce your financial risk when renting equipment. TPP covers accidental damage, cosmetic wear, and theft — so you can focus on the job, not the “what ifs.”

13%

TPP Rate

of your equipment rental fee

10%

Your Max Exposure

of repair or replacement cost

Coverage

Accidental · Cosmetic · Theft

What’s Covered — And What’s Not

Covered

Accidental Damage

Random, unplanned, and unintentional damage during normal and responsible use of the equipment.

Cosmetic Damage

Minor scratches, scrapes, and non-structural impacts that occur from normal proper use.

Theft

Coverage for stolen equipment, provided you file a police report within 24 hours and the equipment was secured at the agreed job site location.

Not Covered

Improper Maintenance

Damage to engines, hydraulics, and electrical systems caused by failure to maintain them properly.

Tires, Tracks & Windows

Damage to tires, tracks, and glass/windows is excluded from coverage.

Misuse or Abuse

Using equipment in a manner or for a purpose not disclosed to us, or beyond what is considered reasonable for that equipment.

Theft Without Police Report

If a timely police report is not provided, or if the equipment was being used in a location different from what was stated in the rental agreement.

Excessive Cleaning

Costs for removal of concrete, asphalt, stucco, epoxy, paint, or similar materials from the equipment.

Cost Example

Hydraulic Breaker Attachment

Replacement value: $12,000 · Daily rate: $200

Daily rental rate$200.00
TPP per day (13%)$26.00

If Stolen (with police report)

Without TPP$12,000.00
With TPP (10% of replacement)$1,200.00

If Boom Arm Damaged ($3,500 repair)

Without TPP$3,500.00
With TPP (10% of repair)$350.00

Your Options

Every renter must choose one of these three paths:

Recommended

Purchase TPP

Added to your invoice as a line item. Simple and hassle-free.

For Contractors

Provide Your Insurance

Submit written proof that your policy covers rented equipment for the full replacement value.

Accept Full Responsibility

Decline TPP and agree to cover the full cost of any damage, theft, or loss during your rental.

If Something Happens

Here’s what to do if equipment is damaged, stolen, or lost:

1

Stop & Secure

Stop using the equipment immediately. Secure the area to prevent further damage.

2

Report to Tectonic

Contact us as soon as possible. Email [email protected] or use the contact form on our website.

3

File a Police Report (Theft Only)

For theft, file a police report within 24 hours and provide us with the report number.

4

Assessment Within 48 Hours

We will assess the damage and notify you of any charges within 48 hours.

5

Resolution

With TPP, your cost is capped at 10%. Without TPP, you’ll receive a repair/replacement invoice.

Questions About Coverage?

Our team is happy to walk you through the details and help you choose the right protection for your rental.