How Rental Truck Insurance Works
Youre moving, right? Does it sometimes feel like theres no end to your to do list? I hate to add to your already hectic day, but if youre considering a rental truck for your move, theres one more thing youll need to think about (if you havent already)INSURANCE. Ugh. Not really what you want to deal with on top of everything else, but its definitely necessary. If you havent talked to your agent in a while, nows the time.
But before you pick up the phone, keep in mind that you dont have to worry about insurance when you move with U-PackABF does all the drivingalleviating any worries of having an accident in a rental truck. And it definitely helps that the cost of moving long-distance with U-Pack compares to the cost of moving in a rental truck. If you havent gotten a free moving quote yet, I highly recommend it!
Lets break down how rental truck insurance works:
To help make your decision, its important to understand how rental truck insurance works, and what you can expect to pay for it.
First, never assume youre insured without checking first. Ask your auto insurance provider this question: Does my personal auto insurance coverage extend to rental trucks with a gross vehicle weight that exceeds 9,000 lbs.? Likely it will not.
If it doesnt, its wise to add it through the rental truck company. If the unexpected happens (and we all know it occasionally does), the cost to repair or replace a rental truck can be significant. In fact, U-Haul says it would cost around $38,000 to replace a 26 rental truck! OUCH!
According to U-Hauls website, they offer two levels of coverage for rental truck customers: Safemove® and Super Safemove®. Both of these provide protection if the rental truck is damaged while in your possession. Including this coverage adds from $75 to $135 to your rental truck price.
According to Budgets website, they offer four plans: Plan 1 - Damage Waivers; Plan 2 - Supplemental Liability Insurance; Plan 3 Personal; Plan 4 - Cargo and Auto Tow Protection. The rates for these service plans vary state to state, so only the local agent can tell you how much your price will increase by adding this coveragesomething else to add to your to do list.
U-Pack liability coverage:
Like I mentioned before, since ABF drives the moving truck, you dont have to worry about insuring the equipment. You simply load your belongings into the truck, secure them tightly for safe transit and install a secure divider wall. U-Pack will drive it to your new home. Each U-Pack move includes standard liability coverage for the contents of the trailer. You can read more about U-Packs liability coverage here: http://www.upack.com/about/liability.asp. And if you have questions about it, make sure to ask a helpful U-Pack moving coordinator at 800-413-4799. Theyll be happy to explain it to you!