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What You need to know about Rental Truck Insurance

Whether you’re planning to move your home or office, you are going to want some kind of guarantee that your belongings are going to reach their destination in one piece. People often overlook rental truck insurance when they rent a moving truck . It is imperative that you ask your truck rental company about the truck rental insurance options available to you, what they protect, and how much extra it will cost. Always read the fineprint and be sure to contact your truck rental agent should something not be clear to you.

In most cases, you will always need to purchase additional coverage from the truck rental company, however, in some scenarios you may be covered under your own vehicle insurance policy – this is something you will have to check yourself.

Types of Rental Truck Insurance

Different insurance standards are implemented by different truck rental companies. For example, if you are using the rental truck within the country of purchase, the company may carry less cover as opposed to when their rental trucks cross international borders.

There are four common truck rental insurance options:

  • Supplemental Liability Insurance
    • This insurance comes into effect when someone else makes a claim for the damage caused in an accident while you were driving the truck. The claim could be against the truck rental company, or against you.
  • Limited Damage Waiver Insurance
    • This covers any damage incurred on the rental truck up to a certain amount. Be sure to ask your truck rental company how much you are covered for.
  • Personal Accident and Cargo Insurance
    • Comes into effect if a passenger is injured or your items are damaged. It also covers medical/loss of life insurance.
  • Tow Protection
    • It covers damage to ones vehicle while it is being towed by the rental truck. It also includes weather damage insurance, overturning of the truck or towing equipment, and in case of collision with another vehicle or object.

The amount you need to pay for truck rental insurance is determined by the type of insurance options your truck rental company has. If you feel you require more than what is specified then you will need to contact your own, independent insurance company to make further enquiries.

Contact Value now for expert truck rentals in South Africa.
 
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