Have you ever tried to move your things from one place to another? If you haven’t, you should know it is a lot of hard work. Not only that, but it can also be quite stressful, painful and expensive experience. But if you had, and you think you can do it yourself without a problem, there might come a time that you decide to do it again. And that’s OK, even though a lot of people nowadays decide to ask professional moving companies to help them. Therefore, it’s important that if you decide to do the move on your own to do it the safest possible way. And one of the things that people quite often forget is to buy rental truck insurance.
Maybe it’s because they don’t know it exists, or because they think they don’t need it, or maybe because they feel its too expensive. Whatever the reason, you should seriously consider getting it, as it is a way to protect yourself. Moving quotes Arizona are one of the most affordable for your moving needs, you can see for yourself. If you choose the right moving company, you can do without the stress and hard work and predicaments.
When should you buy rental truck insurance?
Once you’ve decided on the best time to move your home, you should take a look and see when you might need to buy rental truck insurance. Once you do that, you’l be able to determine the best time to buy rental truck insurance as well.
First, you need to check your current auto policy. It’s not really a common case that your existing policy covers rental trucks, but it isn’t unheard of either. A more common case is that your policy covers rental cars, but that obviously isn’t the same thing as a rental truck. As said, check it out. You might be in for a surprise. And it can save you some money too, which is great if it happens.
Secondly, if you have rented a car previously you might have heard that sometimes you credit card issuer covers the insurance policy. Again, that might or might not be the case with you, so it is another thing that you should check out. A similar thing can also happen like previously: a rental car has coverage but the rental truck doesn’t.
The main takeaway from this is: you should read your policy and call your insurance company to see if you have the coverage. You might or might not be, but it’s not stupid to ask especially if it possible that you have the coverage.
But in general, it’s far more common that your insurance or credit card don’t cover rental trucks. In the end, if that is the case, then you need to look into insurance options.
Full coverage and custom tailored coverage
Every insurance company is unique with their offer but there is a common trait among the insurance options for rental trucks. If you want to get the full package, with all the bells and whistles that insurance companies offer then ask for “moving truck insurance“. It’s how the insurance company usually label their insurance bundles for this particular product.
On the other hand, you have the option to get a custom-tailored coverage according to your needs. It’s what the companies usually call “a la carte” coverage.
What you can expect when you buy your moving truck insurance is that you will get multiple features. Things like damage waivers, supplemental liability insurance, and cargo protection are included in the insurance. You even get medical coverage included.
Let’s take a look at all of the components, and see if they are worthwhile.
Get the damage waiver
When you rent the moving truck you can expect to get an offer for a damage waiver from the rental company. Usually, it is optional, so you can choose to either take it or don’t. The price that you can expect is around 12 bucks a day. For that fee, you are free from any liability for any damage caused to the truck during the rental period. You won’t have to care if it’s your fault that caused that damage or not.
In general, it’s a good idea to get the damage waiver. With it, you can relax during the move, not have to worry about any damage to the truck. Of course, this doesn’t mean that you have a license to cause mayhem, so it’s not an invitation to act recklessly. Trucks are larger vehicles than cars obviously. So, it can take you some time to get used to them, meaning you can damage them accidentally.
When you go to buy rental truck insurance, you should get the damage waiver.
Supplemental liability insurance is something you should take into consideration
When you get a rental truck, you get a basic liability coverage automatically (or that should usually be the case). Supplemental coverage is what you get to increase the protection offered by the basic coverage. By basic coverage is considered the minimum amount of personal liability insurance required by your state.
This comes into play in case you injure someone in another vehicle while you drive. Since you are driving a moving truck filled with your possessions, you are heavier and can cause a lot more damage. Let’s say you are doing a long-haul road trip, you would want to consider getting supplemental liability insurance. Say, if you decide to move to Glendale you don’t have to do it yourself you can ask professional movers to help you. This way you won’t have to think anymore about whether you need to buy rental truck insurance.
Protecting the cargo by getting insurance
You can expect to get a policy from the rental company that covers up to around $25,000 worth of cargo. It’s important that you know that items of high value like expensive electrical devices or jewelry might be excluded from this rule.
Your rental company will probably offer you this coverage when you are getting the truck. You might not need it for same day type of move. It might come useful for a long haul.
But if you have expensive items that you are moving, think about it getting it anyways.
Think of medical coverage as optional
Another thing you can expect from truck companies is that they will commonly offer you medical coverage. It serves to pay for medical expenses you might have that are the result of an accident. It is redundant to get it if you already have health insurance. The insurance you have should already cover for any medical expenses that you might get during the move. So when you buy rental truck insurance you can usually leave out medical coverage. Another way to make sure you don’t need medical coverage is to prepare on time, a week or so ahead. You can get injured when you move in a hurry.