Rent-A-Center Damage Policy

The company is a rent-to-own business model by selling and renting out the appliances and furniture of major companies on small initial payments. The company operates nationwide with over 200 stores in 31 states. The company rents out the items it sells and rents out the space in its stores.

  • TVs
  • Home theater systems
  • Laptops
  • Printers
  • Home security systems
  • Carpet cleaning services

Smartphones, personal computers, electronic home appliances, and furniture are all examples of technology. They are all devices that allow people to interact with the world around them in different ways. ..

Rent-A-Center has put forth a Liability Damage Waiver to ensure the protection and safety of the products you rented. To enjoy more benefits, customers can also join the RAC Benefits Plus membership offered by the company. ..

Liability Damage Waiver (LDW)

The liability damage waiver is an optional component that can be added to your rental agreement. The fee of LDW is 10% of the total rental payment; therefore, only a minor amount will be added to each rental payment. If you add the LDW, you will no longer be held responsible for any damages to the rented merchandise caused by natural disasters. The LDW also covers stolen products. Customers who add LDW to their rental agreement therefore will not be charged the cost to repair or replace the rented merchandise.

Conditions

-The renter was aware of the property’s condition and should have known that it posed a danger -The property was in an unsafe or unsanitary condition -The renter failed to take reasonable steps to protect themselves or the property from harm ..

Theft, Flood, Lightning, Other Natural Disasters

LDW can be added to your rental agreement at the time of rental. Furthermore, you can add it any time after you have rented an item as well. All you have to do is drop in at any Rent-A-Center store and inform the customer associate about your requirement. You can also do the same over the phone. You will be able to add the LDW to your rental agreement in a matter of minutes.

Damage Assessment

When you rent from LDW, the company will assess the damage on the merchandise and determine whether it meets the necessary conditions. If it is determined that the damage meets these requirements, LDW will repair or replace the product without taking any charges from you.

RAC Benefits Plus

The RAC Benefits Plus scheme offers long-term safeguarding of all your rented products. By becoming a member, you will receive discounts and protection for all the merchandise rented by you. In addition to covering the losses caused by natural disasters and threats, the RAC Benefits Plus membership will also cover your payments in the event of unemployment or illness. You can also avail of their repair services for purchased products with this membership.

Conclusion

Now, Rent-A-Center is one of the largest corporations in the United States that offers both the sale and rental of its merchandise. The rental agreement does not include protection against the products you rented. However, you can add a Liability Damage Waiver to your rental agreement for a small additional cost. The waiver covers almost all sorts of damages except damage caused by carelessness. If your claim is approved, you will not be charged any extra amount to replace or mend the merchandise. ..

There is a penalty for canceling the Liability Damage Waiver. If you cancel the waiver, you may be subject to a fine and/or criminal prosecution.

If you cancel your DLW, you will have to pay a $10 cancellation fee and a $50 penalty.

There is no specific eligibility criterion to add the DLW, but it must be a measure that has been proven to improve public health. ..

All customers are allowed to add the DLW to their rental agreement.

Yes, members of RAC Benefits Plus receive discounts on medical services from participating providers. ..

As a member of the health care cooperative, you will receive discounts on prescription drugs, medical equipment, and other medical services. You will also be able to use the telemedicine service. ..