If you are planning to move with truck rental, it is essential you get moving truck insurance. Therefore, you need to look at the company's insurance and protection policies.There are several advantages of having moving truck insurance, apart from the peace of mind it brings, it also protects you against any unforeseen happenings.
What are the types of truck rental insurance? The four types of truck rental insurance include:
Damage Waivers
This type of rental insurance protects against theft or any damage to the truck. The person renting the truck will be responsible for any damage done to the vehicle if the company offers a personal damage waiver. The individual that rents the truck will bear up to $500 worth of damage if the company issues a limited damage waiver. The truck rental company will take care of the rest in this case.
Supplemental Liability Insurance
Supplemental liability insurance protects you when you hit a vehicle. This insurance policy protects renters against any claims leveled against them.
Personal Accident and Cargo Protection
The Personal Accident and Cargo Protection insurance protects the renters and the belonging while inside the truck. This type of insurance does not cover damage because of shifting cargo or theft. It is advisable to go through the details of this protection policy to know what it covers and does not cover.
Auto Tow Protection
You need Auto Tow Protection insurance if you are using a trailer to tow your vehicle. This insurance protects the car against any damage done while pulling your vehicle. The Auto Tow Protection policy covers damage caused by hail, windstorm, landslide, collision, flood, or explosion.
Advantages of Moving Vehicle insurance
There are lots of benefits of buying coverage from your truck rental company. A lot of renters underestimate the importance of having moving vehicle insurance because they think that occurrences that warrant insurance are less likely to occur. Here are some benefits of moving vehicle insurance:
It offers protection against unplanned circumstances like an accident, theft, damage among others
Moving vehicle insurance gives you peace of mind when you are moving your belongings from one location to the other.
You can get your belongings covered by purchasing additional cargo insurance. This insurance policy protects your items against damage. Be sure to check the insurance policy to know what it includes.
If you are planning to move your belonging to your new house, do not overlook the importance of having moving truck insurance because of all the benefits and protection that it offers you. Don't forget to ask your mover before committing to a moving truck.
