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Triston Martin
Mar 03, 2022
Moving presents a slew of difficulties. Driving a large, heavy, and unfamiliar moving vehicle can raise your risk of being involved in a car collision. You also face the danger of damaging or losing your personal belongings if you drive for a long period.
While driving a rented truck, you may not be covered by your vehicle or house insurance plans. But you'll likely require additional coverage. As a result, U-Haul offers a variety of insurance plans to safeguard both the equipment you rent and your possessions.
To rent one of U-cargo Haul's vans, moving trucks, pickup trucks, tow dollies, or vans, you can acquire insurance from the company. Different types of equipment require different levels of insurance coverage from U-Haul.
Even if you have a car insurance policy or a credit card, you're unlikely to be covered if you rent a vehicle used for transporting freight. To avoid paying out of your own money if you get into an accident while renting U-Haul equipment, you'll need to get insurance.
Medical costs coverage and damage waiver coverage, which pays for damages to the equipment you rent, are both included in U-moving Haul's insurance. However, other insurance packages from U-Haul also cover damage to your goods as a result of a collision, fire, or thunderstorm.
If your vehicle sustains damage while towing by your rental truck, you will not be covered by the U-Haul insurance policy. Not included if it isn't in the car.
There is no coverage for mechanical damage (i.e., transmission/drivetrain difficulties) caused by moving the truck back and forth if it becomes stuck in ice or mud under the Safe move policy. If you don't read the fine print, you may miss out on several exemptions specific to your state.
U-Haul rental truck coverage is typically not included in most standard vehicle insurance policies. Alternatively, if you have insurance that covers rental trucks, there are usually size limitations that a U-Haul is likely to exceed. When it comes to purchasing automobile insurance, we can assist you with the process.
Without in-house U-Haul insurance, you are normally responsible for any damages to your rented truck (which does not include your rental payments). Additionally, credit card-provided rental car insurance does not cover rental trucks.
Is this insurance lingo making your head spin? There's a detailed explanation of how vehicle insurance works in this section.
The pros of U-Haul insurance should be considered before you decide whether or not to purchase it:
Let's take a look at some of the disadvantages of purchasing U-Haul insurance:
Contact your insurance agent to see whether your auto and house coverage provide any protection before obtaining or declining U-Haul insurance. In most cases, your current insurance plans will not adequately protect you.
Even if your auto and house insurance plans only cover a portion of your needs, purchasing additional coverage from U-Haul could still be a wise financial decision.
Ensuring your rental truck and the items you're transporting are commonly included in the insurance packages offered by rental truck providers. When you're driving a huge, hefty vehicle, it's very crucial to have $1 million in liability coverage.
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