Should i get uhaul damage coverage

Whew— moving is not easy. Some bad financial decisions we made— eating out almost every single day for weeks, overpaying for a nice hotel because we wanted to be able to really relax on the first night of our drive out, paying double rent and double utilities the first month when we were only living in one house… the list goes on.

When you rent a car, almost always the car rental company will offer you their own insurance. And you should almost always decline that coverage because your regular auto insurance will usually cover any accidents that may occur while you are driving the rental.

But that is not the case with insurance on a U-haul. Your regular auto insurance almost certainly will not cover any damage to the U-Haul and or your personal belongings inside.

Buying coverage offered by U-Haul will eliminate any uncertainty about whether you are covered by your regular auto policy. However, your personal insurance policy providing coverage on an owned automobile, or other personal policy, may provide additional coverage, and to the extent, ALI may provide a duplication of coverage. You should check with your insurance carrier prior to your rental. The protection afforded by SLI if it is accepted , is primary to your own policies.

You and authorized drivers are covered while driving your U-Haul rental truck within the United States and Canada, but only if the truck is rented and returned in the United States.

Your personal auto policies may or may not cover rental trucks. Your policy should be thoroughly checked for the terms and conditions associated with rental trucks. If you are not sure of the extent of your policy's coverage, ask your insurance agent or your insurance company U-Haul representatives and agents are not qualified to evaluate the adequacy of your personal auto policy.

No credit card companies cover rental trucks. As with any policy, you should check the extent of the coverage carefully with the card issuer. All exclusions, terms and conditions are stated in the policy; it is important that you read the policy carefully. Repwest Insurance Company is a United States insurance company incorporated under the laws of the State of Arizona and is licensed to sell insurance products in all states and the District of Columbia, excluding Hawaii and Canada.

All products are not offered in all states. Please refer to the product pages for applicable states of coverage. The descriptions of Repwest Insurance Company's insurance products and services on this World Wide Web site are provided for your general information.

The insurance products and services are subject to the terms and conditions of the policies issued. Please review your policy when received for complete information. Product availability varies by state. Repwest Insurance Company makes no representation that the content provided is applicable or appropriate for use in other locations.

Safemove, Safestor and Safetow are subject to exclusions set forth in the U-Haul rental and storage rental contract. Safemove, Safestor and Safetow are not liability insurance and each is optional. In Canada, some portions are underwritten by Chubb Insurance Company. Customers owning real or personal property may have policies that provide similar coverage elements check your policies.

Any questions, call , ext. File a claim online or call USA , Canada. However, there are other solutions to consider. If you rent a U-Haul truck for your move, keep in mind that if you get into an accident while moving and the truck is damaged, you could be on the hook for repairs. U-Haul recommends that all of its customers purchase a company-provided insurance policy that shields them from liability for any damage to the vehicle. While a rental truck insurance policy is similar to policies provided by car rental agencies, as NerdWallet points out, the circumstances of renting a U-Haul truck differ from renting a car.

Many drivers decline rental car agency coverage because their personal insurance policy usually extends to rental cars. Credit card companies also offer additional rental car coverage that kicks in if the damage exceeds personal insurance coverage. However, according to NerdWallet, most personal car insurance policies specifically exclude cargo vehicles, trailers, and vehicles that weigh more than the amount specified in your policy.

If you're renting a small van, it doesn't hurt to check with your insurance company to see if it's covered. If your credit card company provides rental car protection, it probably only covers cars and other passenger vehicles.

According to Insurance Panda , Visa's rental protection specifically excludes all trucks. It also excludes vans that seat more than eight people. American Express excludes cargo vans and box trucks. U-Haul warns its customers that all major credit card companies and most insurance providers do not provide coverage for U-Haul's rental equipment. Budget Truck Rental reminds its customers that they should verify with their insurance provider that they do or don't have rental truck coverage.

Assuming that you have a certain type of coverage could cost you. NerdWallet notes that purchasing coverage through your rental company means you don't have to guess whether you have coverage in the event of an accident.

U-Haul insurance is coverage you can purchase from U-Haul when you rent one of its cargo vans, moving trucks, pickup trucks, trailers, tow dollies, or vans. U-Haul offers several insurance packages for different types of equipment with different levels of coverage. But some U-Haul insurance packages also protect your cargo from damage caused by a collision, fire, or storm.

U-Haul offers several insurance packages, although some packages are only offered for specific types of equipment. Safemove includes:. Safemove Plus provides protection for moving trucks and includes:. Other deductibles may apply for corporate customers. U-Haul offers its Safetow coverage for auto transport, trailer, and tow dolly rentals.

It covers damage to the rental equipment, includes life and medical expenses coverage for drivers and passengers, and offers multiple levels of cargo protection. Safetrip offers flat-rate roadside assistance, which covers:.

Safestor Mobile protects personal property in U-Box moving containers. Safestor packages cover losses caused by a wide variety of perils, including:.

Before renting a moving truck, contact your insurance agent to find out if your auto, home, or renters insurance policies provide any protection for the rental vehicle or your personal belongings while in transit.

Your homeowners or renters policy might cover your possessions up to a certain limit. While your car insurance might provide some coverage for a regular rental car, many policies limit coverage to a certain size of vehicle—and moving trucks exceed those limits.

However, if you rent a U-Haul cargo van or pickup truck, your personal auto insurance coverage might protect it.