Moving is stressful, even if everything goes as planned. But what goes on should you get within a accident using the moving truck that you simply rented? Not merely could your individual property be damaged, but the truth is you may also have on the hook for repairs with all the rental company.
Does my car insurance policy policy cover moving?trucks and trailers?
In most instances, your personal auto policy will likely not provide coverage for damage to property or liability. However, each insurance provider differs from the others the coverage they feature so it’s best to check with your broker before buying the rental.
Moreover, credit cards typically do not cover damage to rental trucks and trailers, even if they cover damage to rental cars, reported by?U-Haul.
But if your auto policy provides coverage for any moving truck, there will probably be exclusions in line with the sized your truck. Again, we highly suggest?contacting your agent before renting a vehicle.
Options for Insurance Coverage
Even but if your personal auto policy provides some coverage, we still suggest for you to order the not compulsory insurance plan with the rental company. Two common choices are:
- Supplemental Liability Insurance (SLI) –?covers problems for other people’s property as well as medical costs for injuries you’re in charge of.
- Damage Waiver – covers damage to the rental truck or trailer.
Is my stuff protected throughout a move?
In many instances, your homeowners or renters’ insurance will?provide limited coverage for household belongings during the move. Know your policy deductible and just how it is applied ahead of the move. This deductible will apply at any claim designed for a loss of revenue in your belongings.
As usual, contact us with any other questions you’ve got.