Rental Damage Protection
When you hire a bike from Over the Edge you have the option of purchasing Rental Damage Protection at the cost of $5 per bike per day.
Simply put, Rental Damage Protection means that rather than you being solely responsible for any damage done to the bike(s) while in your possession and having to pay for any such damages in full at retail pricing, the costs are shared between you and OTE*.
For peace of mind, Over the Edge strongly recommends the purchase of Rental Damage Projection.
* subject to the following conditions:
- All damage amounts are figured in retail pricing.
- All damage amounts shall be for parts and labour(time it takes to repair/replace parts)
- The first $100 of damage in retail repair cost of parts and labour shall be covered on all damaged items as determined by the repair technician who evaluates the bikes condition upon its return.
- That on repairs with a retail cost of between $101-$400 you shall be liable for 40% of the repair cost on items deemed damaged by the repair technician who evaluates the bikes condition upon its return.
- That on repairs with a retail cost of between $401-$2000 you shall be liable for 50% of the repair cost on items deemed damaged by the repair technician who evaluates the bikes condition upon its return.
- That should a total loss of the bicycle occur, due to any circumstance, while the bike is in your possession this damage cost reduction protection shall be secondary to other insurance coverages owned by you that may cover the cost of replacement subject to that insurance providers conditions for a claim. Should no coverage be available from another insurance provider this damage cost reduction protection shall allow for replacement of the bicycle total loss for 50% of the retail price of the same model of bicycle, based on the retail cost of a new bicycle. A total loss shall be determined by the manager on duty on the date and at the time of notification of the loss. The damaged/destroyed bicycle shall remain the property of Over the Edge Melrose LLC.