Our Loss Damage Waiver service provides trailer coverage without having to schedule and unschedule insurance for each rental. Claims are never reported to your insurance provider.
Premier offers the Loss Damage Waiver (LDW) service to its customers to cover the trailer in the event of a loss or damage from a covered peril. For companies that schedule insurance, this value-added service provides the trailer liability coverage you need without having
to schedule and unschedule insurance for each rental. And claims are never reported to your insurance provider.
Use charges will continue to accrue with regard to the equipment until the customer has paid the required deductible. LDW shall terminate immediately upon any default by the customer under the lease. Premier, in its sole discretion, may discontinue providing
LDW to the customer upon ten (10) days prior written notice.
In order to get LDW trailer liability coverage, Premier must be notified of a covered loss within 48 hours of the incident. LDW does not replace a customer's insurance, you will still be required to carry liability insurance per our terms and conditions. However, LDW does stand in the place of a customer's physical insurance coverage, should a covered loss occur.
Let us partner with you to create a customized plan to help you reduce costs and risks. Contact us today to get started.