LMP Rental Agreement Terms & Conditions
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“Agreement” means the Terms and Conditions on this page and the provisions found on the Face Page, and the General Rental Terms that you agree to on our website. “you” or “your” means the person identified as the renter in this Agreement, any person signing this Agreement, any Authorized Driver and any person or organization to whom charges are billed by us at its or the renter ‘s direction. All persons referred to as “you “or “your “are jointly and severally bound by this Agreement. “We”, “our” or “us” means LMP Finance, LLC. “Authorized Driver” means the renter and any Additional Driver we list on the Face Page. Each Authorized Driver must have a valid driver license and be at least age 21. Authorized Drivers are the only persons permitted to drive the Vehicle. “Additional Driver” means a person we list on the Face Page of this Agreement. “Vehicle” means the motor vehicle identified in this Agreement and any vehicle we substitute for it, and all its tires, tools, accessories, equipment, keys and Vehicle documents, but “Vehicle” does not include portable navigation devices or child safety seats that you rent from us. “LDW” means Loss Damage Waiver. The Vehicle may be equipped with an electronic locator device that allows us to find the Vehicle and to disable it if we deem necessary. The electronic locator device may use cellular telephone or radio signals to transmit data, and therefore your privacy cannot be guaranteed. “Loss of Use “means the loss of our ability to use the Vehicle for any purpose—including non-rental uses such as display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees—due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by multiplying the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired times 80% of the daily rental rate. “Diminished Value” means the difference between the value of the Vehicle just prior to damage or loss and the value of the Vehicle after repair or replacement. “Vehicle License Fee” means our estimate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs.
2. Rental, Indemnity and Warranties.
This is a contract for rental of the Vehicle. We may terminate this Agreement and repossess the Vehicle at your expense without notice to you, if you breach this Agreement or if the Vehicle is abandoned or used in violation of law or this Agreement. You agree to indemnify us, defend us and hold us harmless from all claims, liability, costs and attorney fees we incur resulting from or arising out of this rental and your use of the Vehicle. We make no warranties, express, implied or apparent, regarding the Vehicle, no warranty of merchantability and no warranty that the Vehicle is ﬁt for a particular purpose.
3. Condition and Return of Vehicle.
You must return the Vehicle to our rental ofﬁce or other location we identify, on the date and time speciﬁed in this Agreement, and in the same condition that you received it, except for ordinary wear. If the Vehicle is returned to any other ofﬁce or location or left somewhere other than the ofﬁce or location identiﬁed by us, you remain responsible for the safety of and any damage to the Vehicle until we inspect it. In addition, you authorize us to charge your credit or debit card a one-way charge or service fee plus any additional costs incurred by us in the return of the Vehicle. If the Vehicle is returned after closing hours, you remain responsible for the safety of and any damage to the Vehicle until we inspect it upon our next opening for business. Service to the Vehicle or re-placement of parts or accessories during the rental must have our prior approval. You must check and maintain all ﬂuid levels, check that the Vehicle is in a roadworthy condition, lock the Vehicle at all times when you are not operating the Vehicle, and return the Vehicle with at least the same amount of fuel as when rented. Failure to return rented property or equipment upon expiration of the rental period and failure to pay all amounts due (including costs for damage to the property or equipment) are evidence of abandonment or refusal to redeliver the property, punishable in accordance with section 812.155, Florida statutes.
4. Responsibility for Damage or Loss; Reporting to Police; Responsibility for Tolls and Parking Violations.
You are responsible for all damage to, and for loss or theft of, the Vehicle including damage caused by weather, road conditions and acts of nature, even if you are not at fault. You are responsible for the cost of repair, or the actual cash retail value of the Vehicle on the date of the loss if the Vehicle is not repairable or if we elect not to repair the Vehicle. You are also responsible for Loss of Use, Diminished Value, and our administrative expenses incurred processing a claim. You must report all accidents and incidents of theft and vandalism to us and the police as soon as you discover them. You are responsible for paying the charging authorities directly all parking citations, toll fees, ﬁnes for toll evasion, and other fees, ﬁnes and penalties assessed against you, us, or the Vehicle during this rental. If you fail to pay any of these charges and we pay any part of them, you will reimburse us for all such charges and, in addition, pay us an administrative fee of $30 for each such charge.
4a. Express Toll Service.
If you elect to purchase Express Toll Service (“TX”), you may use automated express toll lanes within Florida (referred to in this Agreement as “Express Lane”) an unlimited number of times without paying tolls. The TX fee is payable to us even if you do not use an Express Lane during this rental. Where no Express Lane is available, you must use the cash lanes and pay the toll at the toll site. We will not give credit against the TX fee for cash toll payments. If you elect not to purchase TX and you drive through an Express Lane, you will pay us $5 plus the applicable toll fee for each time you drive through an Express Lane during your rental.
4b. Child Safety Seat.
If you rented a child safety seat from us, you have the sole responsibility to properly install the seat. The seat is rented “AS IS.” We make no warranties, express, implied or apparent, regarding the seat, no warranty of merchantability and no warranty that the seat is ﬁt for a particular purpose. You are responsible for all injury or damage arising out of or related to your use of the child safety seat.
5. Loss Damage Waiver; Prohibited Use of the Vehicle
If you purchase LDW, we waive your responsibility for damage to or loss of the Vehicle. We will not waive your responsibility, even though you purchased LDW, if you gave us false, fraudulent or misleading information prior to the rental or during the rental, and we would not have rented the Vehicle to you or extended the rental period, if we were given true information, or if you fail to notify us and the police of an accident, theft or vandalism involving the Vehicle, or if damage to the Vehicle is the result of a prohibited use, including damage that: (a) is caused by anyone who is not an Authorized Driver; (b) is caused by anyone under the inﬂuence of a drug or alcohol; (c) occurs while the Vehicle is used during the com-mission of a crime, other than a minor trafﬁc violation; (d) occurs while carrying persons or proper-ty for hire, while pushing or towing anything, during any race, speed test or contest, or while teaching anyone to drive; (e) results from carrying dangerous, hazardous, or illegal material; (f) results from use of the Vehicle outside the State of Florida; (g) is caused by driving on unpaved roads; (h) occurs while trans-porting more persons than the Vehicle has seat belts, while carrying persons outside the passenger compartment, or while transporting children without approved child safety seats as required by law; (i) occurs when the odometer has been tampered with or disconnected; (j) occurs when the Vehicle‘s ﬂuid levels are low, or it is otherwise reasonable to expect you to know that further operation would damage the Vehicle; (k) is caused by carrying anything on the roof, trunk or hood of the Vehicle, or by inadequately secured cargo inside the Vehicle, or by an animal transported in the Vehicle; (l) occurs when the Vehicle is unlocked, or the keys or key fob are lost, stolen or left in the Vehicle when not operating it; (m) is caused, where applicable, by anyone who lacks experience operating a manual transmission; (n) results from failure to allow sufﬁcient height or width clearance; or, (o) results from your willful, wanton or reckless act or misconduct. In the event of a loss due to theft of the Vehicle, we will not waive your responsibility for the loss unless you return all Vehicle keys or ignition devices we gave to you at the time of rental.
5a. Excluded Damage or Loss.
Even if you purchase LDW and do not violate paragraph 5(a)-(o), you will be responsible for the following: the cost of replacing the keys or key fob and the cost of delivering replacement keys or key fobs or towing the Vehicle to the nearest LMP location if you lose the keys or key fob to the Vehicle; the cost of delivering replacement keys or key fob or towing the Vehicle to the nearest LMP location if you lock the keys or key fob in the Vehicle and request assistance from LMP, ﬂat tire service, and jumpstarts.
You are responsible for all damage or loss you cause to others. You agree to provide auto liability, collision and comprehensive insurance covering you, us, and the Vehicle.
The valid and collectible liability insurance and personal injury protection insurance of any authorized rental or leasing driver is primary for the limits of liability and personal injury protection coverage required by §§ 324.021(7) and 627.736, Florida Statutes.
Where state law requires us to provide auto liability insurance, or if you have no auto liability insurance, we provide auto liability insurance (the “Policy”) that is secondary to any other valid and collectible insurance whether primary, secondary, excess or contingent. The Policy provides bodily injury and property damage liability coverage with limits no higher than minimum levels prescribed by the ﬁnancial responsibility laws of the State whose laws apply to the loss. You and we reject PIP, medical payments, no-fault and uninsured and under-insured motorist coverage. Coverage is void if you violate the terms of this Agreement or if you fail to cooperate in any loss investigation conducted by us or our insurer. Giving the Vehicle to an unauthorized driver terminates our liability insurance coverage, if any. You grant us a limited power of attorney to present claims to your insurance carrier for damage to or loss of the Vehicle that occurs while you are responsible for the Vehicle.
7. Charges and Costs.
You will pay us at or before the conclusion of this rental, or on demand, all charges due us under this Agreement, including the charges and fees shown on the Face Page and: (a) a mileage charge based on our experience if the odometer is tampered with; (b) all expenses we incur locating and recovering the Vehicle if you fail to return it, return it to a location or ofﬁce other than the location or ofﬁce identiﬁed by us, or if we elect to repossess the Vehicle under the terms of this Agreement; (c) all costs including pre- and post-judgment attorney fees we incur collecting payment from you or otherwise enforcing or defending our rights under this Agreement; (d) a 2% per month late payment fee or the maximum amount allowed by law on all amounts past due; (e) $50 or the maximum amount permitted by law, whichever is greater, if you pay us with a check returned unpaid for any reason; (f) a reasonable fee not to exceed $350 to clean the Vehicle if returned substantially less clean than when rented or if there is evidence of smoking in our Vehicle; and, (g) towing, storage charges, forfeitures, court costs, penalties and all other costs we incur resulting from your use of the Vehicle during this rental. Special rental rates, vehicle category upgrades or any equipment or services provided to you free of charge only apply to the initially agreed upon rental period: If you return the Vehicle after the Due-In date, you may be charged the standard rates for each day (or partial day) after the Due-In date, which may be substantially higher than the rates for the initially agreed rental period. You also may be charged the standard fees for each day (or partial day) after the Due-In date for any equipment or services provided to you without charge for the initially agreed upon rental period.
8. Driver Under 25 fee.
A Young Driver Surcharge of $25.00 per day applies for drivers between the ages of 21 to 24. If you are a Young Driver, restrictions will apply for certain vehicles. Please see a rental agent for more details at the time of vehicle pick up. All Exotic Rentals are excluded.
In general, credit card authorization of a minimum of $200 plus the amount due for the rental will be taken as an authorization for security purposes. The authorization will be higher for specialty vehicles. For debit cards a deposit of $200 plus the cost of the rental will be taken. These funds will not be available to you during the rental.
10. Your Property.
You release us, our agents and employees from all claims for loss of or damage to your personal property or that of any other person, that we received, handled or stored, or that was left or carried in or on the Vehicle or in any service vehicle or in our ofﬁces, whether or not the loss or damage was caused by our negligence or was otherwise our responsibility.
11. Breach of Agreement.
The acts listed in Paragraph 5 are prohibited uses of the Vehicle and breaches of this Agreement. YOU WILL BREACH THIS AGREEMENT IF YOU ALLOW ANY PERSON OTHER THAN THE RENTER OR AN ADDITIONAL DRIVER TO OPERATE THE VEHICLE. IF AN UNAUTHORIZED DRIVER DAMAGES THE VEHICLE OR INJURES OTHERS, WE WILL HOLD YOU RESPONSIBLE FOR THE DAMAGE. If you breach this Agreement, we have the right to disable the Vehicle. You waive all recourse against us for any criminal reports or prosecutions that we take against you that arise out of your breach of this Agreement.
No term of this Agreement can be waived or modiﬁed except by an instrument in writing, signed by one of our expressly authorized representatives. LMP representatives are not authorized to waive or change any term of this Agreement. This Agreement constitutes the entire agreement between you and us. All prior representations and agreements between you and us regarding this rental are void.
13. Waiver; Jurisdiction.
A waiver by us of any breach of this Agreement is not a waiver of any additional breach or waiver of the per-romance of your obligations under this Agreement. Our acceptance of payment from you or our failure, refusal or neglect to exercise any of our rights under this Agreement does not constitute a waiver of any other provision of this agreement. Unless prohibited by law, you release us from any liability for consequential, special or punitive damages in connection with this rental or the reservation of a vehicle. If any provision of this Agreement is deemed void or unenforceable, the remaining provisions are valid and enforceable. If we determine that a lawsuit must be ﬁled against you to resolve a dispute, you consent to be sued in an appropriate State or Federal court in Dade County, Florida.
We will store your personal data and your signature that appears in this Agreement in order to more efﬁciently process future rentals with us or other companies of the LMP group. By signing this Agreement, you agree to the Terms and Conditions of future rental agreements with us or other companies of the LMP group. We may either accept your signature on the Face Page as your signature on future rental agreements or ask for your signature at the time of a future rental.
15. Personal Data.
You grant us permission to disclose your personal data that appears in this Agreement to other companies of the LMP group, vehicle manufacturers or tourism companies for the purpose of keeping you informed of the products or services offered by the LMP group as well as products and services related to the rental of vehicles, and to credit entities, insurance companies, law ﬁrms or debt collection agencies, provided that, this is related to our legitimate business functions. If you wish us to refrain from distributing your personal data as above, please send a copy of this Agreement to: LMP Finance, LLC, 601 N State Road 7, Plantation, FL 33317.
In the event of an accident: Contact the Police immediately, fill out the Rental Vehicle Accident Report, Then Contact Us at: (305) 849-9376
Insurance coverage you buy through LMP may duplicate other coverage already available to you under other insurance available to you. The purchase of this insurance is not required to rent a vehicle. Supplemental Liability Insurance (SLI) protects you against claims made by a third party for “bodily injury” and/or property damage sustained as a result of an accident while you are operating a “rental vehicle.” This coverage is excess over the minimum Financial Responsibility Limits. Supplemental Liability Insurance (SLI) does not cover all situations that may arise while operating a “rental vehicle.” This policy summary is only a condensed version of the entire Supplemental Liability Excess Policy. A complete copy of the Supplemental Liability Excess Policy is available for your review from your rental agent. Throughout this Policy, the words “we,” “us” and “our” refer to the company named in the Declarations. In addition, certain words or phrases that appear in quotation marks have special meaning. Refer to the Supplemental Liability Excess Policy for a complete list of definitions.
Additional Terms and Definitions
Section 1- Excess Liability
We will pay the “ultimate net loss,” in excess of the “minimum ﬁnancial responsibility liability limits,” to which this coverage applies, provided that: It results from an “accident” involving a “rental vehicle”; The “accident” occurs while the “rental agreement” is in effect and the “rental agreement” becomes effective during the policy period; and “Excess rental liability insurance” has been elected by the “renter” at the origin of the “rental agreement.”
Who Is “An Insured”
Only the following are “insureds” under this excess policy: The “policyholder” shown in the Declarations; The “renter” who has: Entered into a “rental agreement” with the “policyholder” shown in the Declarations; and Elected under the “rental agreement” to purchase optional “excess rental liability insurance.” Additional “authorized drivers” as deﬁned herein.
Who Is An Authorized Driver?
Only the following are “authorized drivers” under this excess policy: A driver whose name is listed on the original “rental agreement”; or A driver designated by description, if any, in the “rental agreement.” Any driver who does not meet one of the conditions above is not an “authorized driver,” even if: That driver had the permission of an “insured”; or That driver is covered by the “underlying insurer” for the “minimum ﬁnancial responsibility liability limits.”
Limit of Insurance
Regardless of the number of “insureds,” “rental vehicles,” premiums paid, claims made, or vehicles involved in the “accident,” for each “rental agreement” the most we will pay for the “ultimate net loss,” resulting from any one “accident,” is the difference between the dollar amount shown in the Declarations and the “minimum ﬁnancial responsibility liability limits.”
This insurance does not apply to any of the following: “Bodily injury” or “property damage” arising out of the use, or permitting the use, of a “rental vehicle”: By any driver other than the “renter” or an “authorized driver”; By any driver while under the inﬂuence of drugs or alcohol; For any illegal purpose; To carry persons or property for hire; To tow or propel any other auto; In any race, contest or training activity; Off-road or on unpaved roads that are not regularly maintained; or by any violation of the “rental agreement.” Any loss, cost or expense payable under or resulting from any ﬁrst party physical damage coverage; no-fault law; personal injury protection or auto medical payments coverage; or uninsured or underinsured motorist law; or any similar law, in any jurisdiction. “Bodily injury” to “renter” or any “family member,” if such “family member” resides in the same household with the “renter” and any “authorized driver” while driving the “rental vehicle.” “Property damage” to the “rental vehicle.” “Bodily injury” or “property damage” expected or intended from the standpoint of the “insured.
Section 2- Loss Conditions
In the event of “accident,” claim or “suit” that is likely to involve this Policy, the “policyholder” or the “insured” must give us or our authorized representative prompt notice of the “accident” Include: How, when and where the “accident” occurred; The “insured’s” name and address; and to the extent possible, the names and addresses of any injured persons and witnesses.
Legal Action Against Us
No one may bring a legal action against us under this Policy until: There has been full compliance with all the terms of this Policy.
If an “insured” or “underlying insurer” elects not to appeal judgments in excess of the “minimum ﬁnancial responsibility liability limits,” we may elect to appeal such judgments at our own expense, but in no event shall our liability for the “ultimate net loss” exceed the Limit of Insurance plus expenses incurred in such an appeal.
Transfer of Rights of Recovery Against Others to Us
If any person or organization to or for whom we make payment under this Policy has rights to recover damages from another, those rights are transferred to us. That person or organization must do everything necessary to secure our rights and must do nothing after “accident” to impair them.
Attachment of Liability
Liability under this Policy shall not attach until the “minimum ﬁnancial responsibility liability limits” have been exhausted by payment of judgments or settlements and the “insured” has become legally obligated to pay the “ultimate net loss” in excess of such “minimum ﬁnancial responsibility liability limits.”
The coverage territory is as stated in the “rental agreement” and is further limited to: The State of Florida
Section 3- Definitions
“Bodily injury” means bodily injury, sickness or disease sustained by a person including death resulting from these.
“Insured” means any person qualifying as an “insured” in WHO IS AN INSURED (SECTION I).
“Minimum ﬁnancial responsibility liability limits” means the minimum limits speciﬁed by a compulsory or ﬁnancial responsibility law of the applicable jurisdiction.
“Rental agreement” means any written agreement, stating a period of less than one year, entered into setting forth the terms and conditions governing the use of a vehicle provided by the rental car company.
“Rental vehicle” means the “auto” rented or leased by the “renter” from the “policyholder” and described in the “rental agreement.”
“Renter” means any person obtaining the use of an “auto” from the “policyholder” (rental car company or its franchisee) under the terms of a “rental agreement.”
“Ultimate net loss” means all sums for which an “insured” becomes legally obligated to pay, as damages for “bodily injury” and “property damage” combined. “Ultimate net loss” will be reduced by deduction for all salvage or recoveries which have been or will be paid.
“Underlying insurer” means the insurance company or the certiﬁed self-insurer who provides the “minimum ﬁnancial responsibility liability”