I don't know why they have it as optional unless it is to protect your valuables, anyone know the deal with rental insurance or is it just another money thing? Thanks
2007-08-17 02:15:06 · 6 answers · asked by linda h 1 in Cars & Transportation ➔ Insurance & Registration
Truck rental companies offer three types of coverage. One is a damage waver, which covers you in case of damage to the truck. If you do not purchase that, you are responsible for any and all damage to the vehicle, no matter what the cause.
In a case where there is damage, even if it is not your fault, you will have to pay for the repairs immediately. If another driver is at fault, you have to pay the damage, and then you get to try to collect from the other driver or their insurance company! You are also liable for loss of use, which means that you have to pay the lost rental for the time the truck is in the shop being repaired! Most car insurance companies do NOT cover commercial vehicle rentals!
There is liability coverage, which covers you as the primary coverage in case you hit something and damage it! If you have auto insurance, your company may cover you, but you would want to check with your agent!
You can also get cargo coverage, which will pay (something) towards the replacement of your items, if they are damaged in an accident! Usually they pay only the depreciated value, not replacement cost! I would not recommend that!
Credit cards do not cover commercial truck rental damage, as some do with car rentals!
In your case, buy the damage waver, and check to see if you are covered for liability with your auto insurance! If not, buy that coverage also!
2007-08-17 02:45:29 · answer #1 · answered by fire4511 7 · 2⤊ 1⤋
Uhaul Insurance
2016-10-03 08:41:30 · answer #2 · answered by ? 4 · 0⤊ 0⤋
RE:
Do I need Insurance? I am renting a uhaul for a large mattress & bookcase. Moving 65 miles one way.?
I don't know why they have it as optional unless it is to protect your valuables, anyone know the deal with rental insurance or is it just another money thing? Thanks
2015-08-04 04:23:51 · answer #3 · answered by Jandy 1 · 0⤊ 0⤋
Well, what happens if someone hits the uhaul while it's parked? YOU will be responsible for any damages. Or if it's stolen, etc.
Plus, what happens if YOU hit someone? If this is a truck, your personal auto liability does NOT carry over onto the truck. So - no coverage.
If you're talking about insurance for what you're hauling, it's NOT going to protect your valuables against theft. And it protects on a "per pound" basis.
2007-08-17 02:56:16 · answer #4 · answered by Anonymous 7 · 2⤊ 0⤋
The insurance is to limit your financial responsibility for the vehicle you are operating in case you're involved in an accident. Before you commit to buying one (U-Haul insurance is expensive), consider the following:
1. Does your car insurance company cover the truck under your personal plan (if you will be driving it)? In many cases they do.
2. How confident and comfortable are you driving that truck?
3. Is that 65 miles going to be downtown in a huge city, or on an interstate highway, or mostly smaller, less busy roads? Are you going to be driving during rush hour, or during less busy times of the day?
We didn't use insurance when we moved. We were just careful and planned our route and moving time ahead.
2007-08-17 02:25:25 · answer #5 · answered by Mika 4 · 0⤊ 2⤋
Taking cargo insurance may depend on the value of the cargo.
Collision insurance on the vehicle protects you for any damage or collision.
You have to decide. 65 miles is not a long haul. Risk should be minimal. About 1- 1 1/2 hours on the road.
I took ins. for 1,000 miles. For your distance, I would not.
2007-08-17 02:24:48 · answer #6 · answered by ed 7 · 0⤊ 2⤋
The insurance protects you against them claiming damage to their vehicle. It's always a wise choice because they may come back later when you return it and say it's scratched up or something and then you have to pay. With the insurance you can smash the entire truck up and return the key and be good to go. I wouldn't recomment smashing the whole truck anyway but somethings happen.
2007-08-17 02:25:43 · answer #7 · answered by iwingameover 5 · 2⤊ 1⤋
I always purchase their vehicle liability coverage, but never their contents coverage. I live in a metro area known for crazy drivers, and the few bucks their insurance coverage costs is well worth the peace of mind.
2007-08-17 03:05:54 · answer #8 · answered by Anonymous · 2⤊ 0⤋
Get the insurance. My u-hual leaked water and ruined my mattress and some other belongings.
2015-11-01 12:33:40 · answer #9 · answered by Brittany 1 · 0⤊ 0⤋
You need to buy the insurance for the U-haul. Your auto insurance will not transfer over onto it.
2007-08-17 16:41:08 · answer #10 · answered by bundysmom 6 · 1⤊ 0⤋