Common use of Our Insurance Clause in Contracts

Our Insurance. (a) KINTO has insurance which covers KINTO Vehicles in the possession of an approved KINTO Member. This protects you and any KINTO Member you allow to use the Vehicle during your Booking from accidental loss or damage to the KINTO Vehicle and it also covers the legal liability to pay compensation for loss or damage to someone else’s property caused by an accident involving the KINTO Vehicle subject to the terms of this Agreement. Nothing in this clause prevents us or our insurers from seeking money from you as a result of your breach of this Agreement. (b) In the event that a claim needs to be made against our insurance policy, KINTO is liable to pay the Insurance Excess to the insurer. You agree to reimburse us this cost promptly when we ask you to pay. (c) You may reduce your liability to reimburse us for the Insurance Excess each time you make a Booking by selecting the Insurance Excess reduction option as an Extra through the KINTO App. In this instance, you will then only be liable to reimburse us for the amount of the Reduced Insurance Excess. The Insurance Excess reduction fee is payable on each Booking where you wish to reduce your liability to reimburse us for the Insurance Excess and the Reduced Insurance Excess only applies to you or the KINTO Member you have authorised to operate the Vehicle. The Reduced Insurance Excess amounts are displayed in the Fee Schedule. The amount of the Reduced Insurance Excess payable will depend on the KINTO Member who is operating the Vehicle at the time of the incident. If you or an authorised KINTO Member are not the person operating the Vehicle at the time of an accident, the Reduced Insurance Excess will not apply and you must reimburse us for the full amount of the Insurance Excess. (d) The amount of the Insurance Excess and the Reduced Insurance Excess will be provided on ▇▇▇.▇▇▇▇▇.▇▇▇.▇▇ and may be amended by us from time to time in our sole discretion. (e) Should we increase the amount of the Insurance Excess or the Reduced Insurance Excess, we will give Members at least one month's notice of such amendment. (f) In the event that KINTO elects to repair the Vehicle instead of lodging a claim against our insurance policy, you agree that you will be responsible for paying the lesser of the amount of the Insurance Excess or the Reduced Insurance Excess (if selected by you at the time of Booking) and the amount of the cost of repair. (g) You acknowledge that ▇▇▇▇▇’s insurance will only provide cover for you for any loss or damage if you are a Member, you or an approved KINTO Member are operating the KINTO Vehicle, and you are not in breach of (i) clause 2(b)(i) - (ii), (iv) - (vii), 7.1(a), 7.2, 8.2(d), 8.2(e) or 8.2(f); or

Our Insurance. (a) KINTO has insurance which covers KINTO Vehicles in the possession of an approved KINTO Member. This protects you and any KINTO Member you allow to use the Vehicle during your Booking from accidental loss or damage to the KINTO Vehicle and it also covers the legal liability to pay compensation for loss or damage to someone else’s property caused by an accident involving the KINTO Vehicle subject to the terms of this Agreement. Nothing in this clause prevents us or our insurers from seeking money from you as a result of your breach of this Agreement. (b) In the event that a claim needs to be made against our insurance policy, KINTO is liable to pay the Insurance Excess to the insurer. You agree to reimburse us this cost promptly when we ask you to pay. (c) You may reduce your liability to reimburse us for the Insurance Excess each time you make a Booking by selecting the Insurance Excess reduction option as an Extra through the KINTO App. In this instance, you will then only be liable to reimburse us for the amount of the Reduced Insurance Excess. The Insurance Excess reduction fee is payable on each Booking where you wish to reduce your liability to reimburse us for the Insurance Excess and the Reduced Insurance Excess only applies to you or the KINTO Member you have authorised to operate the Vehicle. The Reduced Insurance Excess amounts are displayed in the Fee Schedule. The amount of the Reduced Insurance Excess payable will depend on the KINTO Member who is operating the Vehicle at the time of the incident. If you or an authorised KINTO Member are not the person operating the Vehicle at the time of an accident, the Reduced Insurance Excess will not apply and you must reimburse us for the full amount of the Insurance Excess. (d) The amount of the Insurance Excess and the Reduced Insurance Excess will be provided on ▇▇▇.▇▇▇▇▇.▇▇▇.▇▇ and may be amended by us from time to time in our sole discretion. (e) Should we increase the amount of the Insurance Excess or the Reduced Insurance Excess, we will give Members at least one month's notice of such amendment. (f) In the event that KINTO elects to repair the Vehicle instead of lodging a claim against our insurance policy, you agree that you will be responsible for paying the lesser of the amount of the Insurance Excess or the Reduced Insurance Excess (if selected by you at the time of Booking) and the amount of the cost of repair. (g) You acknowledge that ▇▇▇▇▇’s insurance will only provide cover for you for any loss or damage if you are a Member, you or an approved KINTO Member are operating the KINTO Vehicle, and you are not in breach of (i) clause 2(b)(i) - (ii), (iv) - (vii), 7.1(a)7.1, 7.2, 8.2(d), 8.2(e) or 8.2(f); or