For this fee, Staging & Design Network will bear all risk of damage or loss to the Rental Items (this includes damage or loss caused by natural disasters such as fires, floods, earthquakes, and tornados) EXCEPT for damage or loss caused by theft, disappearance, gross negligence, misuse or abuse (including without limitation, damage by cigar or cigarette burns and pets) for which you will remain responsible. SDN, in its sole discretion, will make this determination.
The total amount you will pay during the Rental Term in damage waiver fees is 4% per month of your monthly rental fee. The 4% is NOT assessed on pickup or delivery fees, late charges or sales tax.
To decline this damage waiver fee you must provide Staging & Design Network, prior to delivery, with a Certificate of Insurance evidencing fire and extended coverage protection for the full replacement value of the Rental Items with Staging & Design Network named as Additional Insured in a loss payable clause.
Damage Waiver fees will be charged until this certificate is received.