Planning to rent a U-Haul truck for your upcoming move? Have you considered purchasing U-Haul insurance? Accidents can happen, even to the most careful drivers, so it’s important to protect yourself and your belongings during the moving process. In this blog, we’ll explore what U-Haul insurance is, what it covers, and why it’s necessary for a stress-free move.
What is U-Haul Insurance?
U-Haul insurance is a type of commercial auto insurance that covers rental moving trucks, trailers and other equipment for up to $25,000 in physical damage and $15,000 in liability. It also covers up to $1,000 in cargo during the rental period.
U-Haul insurance is a type of commercial auto insurance that covers rental moving trucks, trailers and other equipment for up to $25,000 in physical damage and $15,000 in liability. It also covers up to $1,000 in cargo during the rental period. U-Haul insurance does not cover the driver of the moving vehicle or its passengers. The cost of the insurance varies depending on the size of the rental car and the length of the rental period.
U-Haul also offers a damage waiver that covers up to $25,000 in physical damage to the vehicle and up to $2,000 in cargo damage. The cost of the waiver varies depending on the size of the rental car and the length of the rental period.
Other moving insurances
If you are looking for additional coverage for your move, you need to consider alternative moving insurance policies, which include:
- Personal property insurance – It covers up to $50,000 for damaged items moved in the rental car.
- Liability insurance – It covers up to $500,000 for any type of injury or damage that may be caused by the moving vehicle or its contents.
- Rent compensation insurance – It covers up to $25,000 while the rental car is being repaired.
- Medical payment insurance – This covers up to $10,000 in medical bills resulting from an accident with the rental car.
- Uninsured/Uninsured motorist insurance – It covers up to $500,000 for any damage or injury caused by an uninsured or underinsured driver.
Need U-Haul Insurance?
If you’re planning a long-distance move, it’s a good idea to purchase U-Haul insurance to protect your vehicle and its contents. U-Haul insurance gives you peace of mind if something unexpected happens while you’re on the road.
But if your move is short or you’re only renting a truck for a few days, the cost of U-Haul insurance may not be worth it. In these cases, you can purchase personal property or liability insurance.
It is important to note that U-Haul has a strict policy of denying claims if the rental vehicle is used for any type of commercial activity. This includes the transport of goods for business, the delivery of goods for consideration or any other type of commercial activity. If you plan to use the truck for any kind of commercial activity, it is important to purchase separate commercial auto insurance to ensure you are covered.
When it comes to protecting your truck while on the move, you have a few different options. U-Haul insurance is a great way to protect your rental car and its contents, but you may want to consider other types of moving insurance. It is crucial to weigh the cost of the insurance against the value of your move to determine if it is worth it. Regardless of the type of moving insurance you choose, make sure you get the insurance coverage that’s right for you.
Cover your removal truck/trailer with Abbate insurance
Whether you need personal or commercial auto insurance to cover your moving vehicles, Abbate Insurance can help. For more information about car insurance or other moving insurance, contact us today.