Sec. 93.004. REQUIRED NOTICE. A contract that offers a heavy equipment loss damage waiver must include the following notice:
"This contract offers an optional loss damage waiver for an additional charge to cover your responsibility for loss of or damage to the heavy equipment. You do not have to purchase this coverage. Before deciding whether to purchase this loss damage waiver, you may consider whether your insurance policies afford you coverage for loss of or damage to the heavy equipment rented and the amount of the deductible you would pay under your policies."
Added by Acts 2015, 84th Leg., R.S., Ch. 403 (H.B. 2052), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Title 5 - Regulation of Businesses and Services
Chapter 93 - Loss Damage Waivers for Rental of Certain Heavy Equipment
Section 93.002. Contract for Loss Damage Waiver
Section 93.003. Restrictions on Merchant Concerning Waiver
Section 93.004. Required Notice
Section 93.005. Statement of Total Charge
Section 93.006. Authorized Exclusions
Section 93.007. Relationship to Insurance