Should i buy moving truck insurance

This coverage typically helps cover your valuables if they're stolen from your rental truck or damaged in a collision. Each waiver varies, as does its cost and coverage, so be sure to research the rental's waivers before picking up the moving truck.

Supplemental Liability Insurance This policy helps pay for repairs if your moving truck damages another individual's vehicle or property. Personal Accident and Cargo Insurance This coverage helps pay for expenses related to injuries or accidental death while in the rental truck and may extend to other drivers or family members riding in the vehicle. It can also provide coverage for items damaged due to certain causes. This insurance does not typically cover damage caused by shifting cargo, theft or burglary.

For that coverage, look into personal effects coverage, says the III. Auto Tow Protection If you are towing a moving trailer, an auto tow protection plan can help protect the moving trailer while it is in transit.

This coverage typically helps pay to repair damage caused by a number of situations, such as fire, hail, windstorm, vehicle overturn, landslide and collision. There is typically a deductible involved — it's a good idea to review the details before signing a contract. This content is for informational purposes only and may not be applicable to all situations. Coverage subject to terms, conditions, and availability.

Policy issuance is subject to qualifications. Connect With Us. Update Below. ZIP Code. City, State Set Your Location. You have entered an invalid ZIP. Please try again. Location data not available. If you are an experienced car renter, you know your credit card and personal car insurance policy will likely cover you while you drive and that it typically makes financial sense to skip the coverage the rental car company offers you. But does that same logic apply when you are renting a truck such as a U-Haul?

Unfortunately, it does not. Before you rent a moving truck and stick all your stuff inside, it pays to know your rental truck insurance coverage options. The first thing you should do, well before you are in the U-Haul parking lot, is check with your car insurance agent. There are several different types of rental truck insurance, and they all protect you from different things.

Many rental truck providers have their own insurance products customized to fit the needs of their rental customers, but they typically include several components.

This coverage is usually subject to a list of exclusions. Covers up to a certain monetary amount of things in your rental truck if they are damaged in an accident or from an act of nature, such as a fire or windstorm. This coverage is available for tow-along U-Hauls and the like, and covers them minus a deductible in the event of an accident or act of nature. Sometimes, it feels easier just to go with the most comprehensive coverage option available to you.

It depends on the plan, but your policy will generally cover any damage accidentally caused by you or an authorized driver. You may be given the option to purchase supplemental coverage that covers collisions with overhead objects.

It depends on the rental truck company, but whether or not they force you to buy rental insurance , you definitely should. By purchasing coverage, the rental truck company agrees not to come after you for any financial damage you do to their truck. Ask yourself if you really want to risk entering a costly legal battle with a large company before you think about foregoing coverage. Keep in mind that some states have unusually low liability coverage requirements.

However, high-value items like jewelry and TVs may be excluded from this rule. It may not be necessary for same-day moves. Nevertheless, the fact that high-value items are excluded from insurance coverage can make cargo protection insurance a poor buy. Rental truck companies in the United States will often offer medical coverage.

This coverage pays for any medical expenses you incur as a result of an accident. If you already have health insurance coverage , this policy is unnecessary.

Your existing health insurance should cover any medical expenses incurred during the move. You might have a perfectly safe driving record. That vehicle has a different turning radius, different sight lines, and different everything compared to an ordinary vehicle. If this is your first time driving a 20 foot rental truck for a move, then there are all sorts of things that could go wrong. A rock might fly off the highway and chip your windshield. Before you buy moving truck insurance from your rental company, call your insurance company to check if rental trucks are covered under your existing plan.

In some cases, rental trucks — just like a rental car — will not require supplementary insurance. In most cases, however, existing auto insurance plans and credit cards do not cover moving truck rental insurance — even if they cover rental cars.

Skip to content. Is moving truck insurance necessary? If your auto insurance policy doesn't already cover rental car insurance, you may consider buying moving truck insurance worth it. We recommend drivers purchase moving truck insurance or supplemental liability insurance to protect themselves and their belongings when moving. Free Auto Insurance Comparison.