Moving can be a stressful experience, especially when it comes to transporting your belongings. U-Haul is a popular choice for moving truck rentals, and with that comes the option to purchase rental insurance. But what exactly is U-Haul rental insurance? Is it necessary, and what does it cover? In this article, we’ll answer these questions and more to help you make an informed decision when it comes to protecting your possessions during your move.
Check Out the Latest Uhaul Coupons!
Introduction
Moving can be an expensive and time-consuming process, and the last thing you want is for your belongings to be damaged or lost during transport. U-Haul offers rental trucks and trailers to help make moving day easier, but accidents can still happen. That’s where U-Haul rental insurance comes in.
What is U-Haul Rental Insurance?
U-Haul rental insurance is an optional protection plan that you can purchase when you rent a moving truck or trailer from U-Haul. It provides coverage for your possessions in the event of damage, loss, or theft during your move.
Why Should You Consider U-Haul Rental Insurance?
While U-Haul trucks and trailers are generally reliable, accidents can still happen. Even the most careful driver can experience a flat tire or encounter hazardous road conditions that can cause damage to your belongings. Without rental insurance, you could be responsible for the cost of repairs or replacement of damaged items, which can add up quickly.
U-Haul rental insurance can give you peace of mind knowing that your possessions are protected during transport. It can also help to minimize any financial burden in the event of an accident.
What Does U-Haul Rental Insurance Cover?
There are four types of U-Haul rental insurance coverage options available: Damage Waiver, Cargo Insurance, Supplemental Liability Insurance, and Auto Tow Protection.
Damage Waiver
The Damage Waiver is a form of collision coverage that covers the cost of repairs or replacement of the rental truck or trailer in the event of an accident. This coverage also includes damage to the U-Haul truck or trailer caused by theft, fire, vandalism, or natural disasters.
Cargo Insurance
Cargo Insurance provides coverage for damage or loss of your belongings during transport. This coverage includes damage caused by collision, theft, fire, or other unforeseen events.
Supplemental Liability Insurance
Supplemental Liability Insurance provides coverage in the event that you are involved in an accident and are found to be at fault. This coverage helps to protect you from any legal or financial responsibility that may arise as a result of the accident.
Auto Tow Protection
Auto Tow Protection provides coverage for damage to your personal vehicle while it is being towed behind the rental truck or trailer.
How Much Does U-Haul Rental Insurance Cost?
The cost of U-Haul rental insurance varies depending on the level of coverage you choose and the duration of your rental. On average, rental insurance can cost anywhere from $14 to $28 per day, but it’s important to check with U-Haul for specific pricing in your area.
How to Purchase U-Haul Rental Insurance
Purchasing U-Haul rental insurance is easy and can be done at the time of your rental. Here are the steps to follow:
Step 1: Choose your coverage options
Before purchasing U-Haul rental insurance, it’s important to review the coverage options available to you. This includes the Damage Waiver, Cargo Insurance, Supplemental Liability Insurance, and Auto Tow Protection. Carefully consider the level of coverage you need for your move and choose the best plan for your needs and budget.
Step 2: Add insurance coverage to your reservation
Once you’ve decided on the coverage options you need, you can add insurance coverage to your U-Haul reservation. You can do this online through the U-Haul website, over the phone, or in person at a U-Haul location.
Step 3: Review the pricing
It’s important to review the pricing for U-Haul rental insurance before purchasing it. The cost of rental insurance varies depending on the level of coverage you choose and the duration of your rental. Be sure to carefully review the pricing and choose a plan that fits within your budget.
Step 4: Sign the rental agreement
When you rent a U-Haul truck or trailer, you will be required to sign a rental agreement. This agreement will include the details of your rental, including the rental insurance coverage you have selected. Be sure to carefully review the agreement and ask any questions you may have before signing it.
Step 5: Pay for your rental and insurance coverage
Once you have chosen your coverage options, added insurance coverage to your reservation, reviewed the pricing, and signed the rental agreement, you can pay for your rental and insurance coverage. You can pay for your rental and insurance coverage with a credit card, debit card, or cash.
What to Do If You Need to Make a Claim
If you experience damage or loss to your belongings during your move, it’s important to file a claim with U-Haul as soon as possible. Here are the steps to follow:
Step 1: Collect documentation
To file a claim with U-Haul, you will need to provide documentation of the damage or loss. This includes photos and a list of the items affected. Be sure to collect this documentation as soon as possible after the incident.
Step 2: File a claim online
You can file a claim with U-Haul online through their website. To do this, log into your U-Haul account and navigate to the Claims Center. Here, you will be able to fill out a claims form and upload your documentation.
Step 3: Contact U-Haul customer service
If you prefer to file a claim over the phone, you can contact U-Haul customer service. Be sure to have your rental agreement and documentation ready when you call. The customer service representative will guide you through the claims process and provide you with any additional information you may need.
Step 4: Wait for the claims review process
After you file a claim with U-Haul, the claims review process can take several days. During this time, U-Haul will review your claim and determine if you are eligible for reimbursement under your insurance policy. If additional information is needed, a representative from U-Haul may contact you.
Step 5: Receive compensation
If your claim is approved, you will receive compensation for the cost of repairs or replacement of your belongings. The amount of compensation you receive will depend on the level of coverage you purchased and the specifics of your claim. U-Haul will work with you to determine the best course of action for repairing or replacing your damaged items.
Uhaul Insurance Plans
U-Haul offers a variety of insurance plans to protect your belongings during your move. Here’s a closer look at some of the insurance plans available:
1. Safemove
Safemove is U-Haul’s most comprehensive coverage option, offering protection for your rental truck or trailer as well as your possessions. This plan includes:
- Damage Waiver: Provides coverage for damage to the rental truck or trailer caused by an accident, theft, fire, or vandalism.
- Cargo Protection: Provides coverage for damage or loss of your belongings during transport.
- Medical/Life Protection: Provides coverage for medical expenses or accidental death in the event of an accident during your move.
2. Safemove plus
Safemove plus includes all the coverage options of Safemove, plus supplemental liability coverage and exclusion-free coverage. This plan offers:
- Supplemental Liability Coverage: Provides additional liability protection in the event of an accident where you are found to be at fault.
- Exclusion-Free Coverage: Provides coverage for damages that are typically excluded from other insurance plans, such as damage to the roof or undercarriage of the rental truck or trailer.
3. Pickup Truck and Cargo Van Coverage
U-Haul offers collision damage waiver (CDW) coverage for pickup trucks and cargo vans. This coverage provides protection against damage to the rental vehicle in the event of an accident.
4. Safetow
Safetow provides protection for your rental truck or trailer as well as any property that you are towing. This plan includes:
- Damage Waiver: Provides coverage for damage to the rental truck or trailer caused by an accident, theft, fire, or vandalism.
- Towed Property Protection: Provides coverage for damage or loss of the property you are towing during transport.
- Medical/Life Protection: Provides coverage for medical expenses or accidental death in the event of an accident during your move.
5. Safetrip
Safetrip is a supplemental roadside protection plan that provides assistance in the event of an emergency during your move. This plan includes:
- Jump Start: Provides a jump-start for a dead battery.
- Lock-out Service: Provides assistance if you accidentally lock yourself out of the rental truck or trailer.
- Lost Keys: Provides replacement keys if you lose the keys to the rental truck or trailer.
- Fuel Service: Provides fuel delivery if you run out of gas.
- Vehicle Stuck in Mud/Snow: Provides assistance if your rental truck or trailer gets stuck in mud or snow.
- Trailer Hook-up Problems: Provides assistance if you have trouble hooking up your trailer to the rental truck.
6. Safestor
Safestor provides protection for your possessions while they are in storage. This plan includes:
- Fire, Hurricane, Tornado, Wind, Vandalism, Vermin, Lightning, Smoke, Earthquake, Hail, Burglary, Building Collapse, Explosion, Leaking, Water: Provides coverage for a wide range of potential hazards that could damage your possessions while they are in storage.
7. Safestor Mobile
Safestor Mobile provides protection for your possessions while they are in transit. This plan includes:
- Coverage for damage or loss of your belongings during transport.
- Coverage for damage to the rental truck or trailer caused by an accident, theft, fire, or vandalism.
- Coverage for medical expenses or accidental death in the event of an accident during your move.
Uhaul Insurance Price Comparison
U-Haul offers a variety of insurance plans to protect your belongings during your move. Each insurance plan has its own coverage options, pricing, and packages. To help you make an informed decision, we have put together a comparison of U-Haul’s insurance plans, specifically looking at their prices and packages.
Here is a table comparing the U-Haul insurance plans:
| Insurance Plan | Package Details | Price (per day) |
|---|---|---|
| Damage Waiver | $10,000 coverage limit for damage to the rental truck or trailer caused by an accident, theft, fire, or vandalism. | $10 |
| Cargo Insurance | $25,000 coverage limit for damage or loss of your belongings during transport. | $10 |
| Supplemental Liability Insurance | $1,000,000 coverage limit for liability protection in the event of an accident where you are found to be at fault. | $14 |
| Auto Tow Protection | $15,000 coverage limit for damage to your personal vehicle while it is being towed behind the rental truck or trailer. | $7 |
| Safemove | $25,000 coverage limit for damage waiver, $25,000 coverage limit for cargo protection, and $15,000 coverage limit for medical/life protection. | $28 |
| Safemove Plus | $25,000 coverage limit for damage waiver, $25,000 coverage limit for cargo protection, $15,000 coverage limit for medical/life protection, $1,000,000 coverage limit for supplemental liability protection, and exclusion-free coverage for damages that are typically excluded from other insurance plans. | $40 |
| Pickup Truck and Cargo Van Coverage | $25,000 coverage limit for a collision damage waiver (CDW) coverage for pickup trucks and cargo vans. | $10 |
| Safetow | $25,000 coverage limit for damage waiver, $15,000 coverage limit for towed property protection, and $15,000 coverage limit for medical/life protection. | $28 |
| Safetrip | Assistance plan that includes jump start, lock-out service, lost keys, fuel service, vehicle stuck in mud/snow, and trailer hook-up problems. | $5 |
| Safestor | Covers damage from fire, hurricane, tornado, wind, vandalism, vermin, lightning, smoke, earthquake, hail, burglary, building collapse, explosion, leaking, and water. Price varies by location. | Varies |
| Safestor Mobile | $25,000 coverage limit for damage waiver, $25,000 coverage limit for cargo protection, and $15,000 coverage limit for medical/life protection. Price varies by location. | Varies |
Please note that the prices listed may vary depending on your location and the duration of your rental. Be sure to check with U-Haul for specific pricing information. When selecting an insurance plan, carefully consider the coverage options and pricing to choose the best plan for your needs and budget.
Safemove VS Safemove Plus
When it comes to U-Haul’s insurance plans, two of the most comprehensive options are Safemove and Safemove Plus. While both plans offer protection for your rental truck or trailer as well as your possessions, Safemove Plus includes additional coverage options. Here is a breakdown of Safemove vs Safemove Plus:
Safemove includes:
- $25,000 coverage limit for damage waiver
- $25,000 coverage limit for cargo protection
- $15,000 coverage limit for medical/life protection
Safemove Plus includes all the coverage options of Safemove, plus:
- $1,000,000 coverage limit for supplemental liability protection
- Exclusion-free coverage for damages that are typically excluded from other insurance plans, such as damage to the roof or undercarriage of the rental truck or trailer.
The additional coverage options in Safemove Plus can provide added protection and peace of mind, especially if you are driving a long distance or through potentially hazardous conditions. However, the cost of Safemove Plus is higher than Safemove, so it’s important to carefully consider the coverage options and pricing to choose the best plan for your needs and budget.
Alternatives to U-Haul Rental Insurance
While U-Haul rental insurance can provide valuable protection for your belongings during your move, there are alternative options to consider. For example, your existing homeowner’s or renter’s insurance policy may provide coverage for your possessions during a move. It’s important to review your insurance policies and speak with your insurance provider to determine what coverage options are available to you.
Conclusion
U-Haul rental insurance can provide valuable protection for your possessions during your move. With coverage options for damage to the rental truck or trailer, loss or damage to your belongings, liability protection, and auto tow protection, you can have peace of mind knowing that you’re covered in the event of an accident. Be sure to carefully review the coverage options and pricing to choose the best plan for your needs and budget.
FAQs
No, U-Haul rental insurance is optional, but it’s a good idea to consider purchasing coverage to protect your belongings during your move.
U-Haul rental insurance covers damage to the rental truck or trailer, loss or damage to your belongings, liability protection, and auto tow protection.
The cost of U-Haul rental insurance varies depending on the level of coverage you choose and the duration of your rental.
It’s possible that your existing homeowner’s or renter’s insurance policy may provide coverage for your possessions during a move. Be sure to review your policies and speak with your insurance provider to determine what coverage options are available to you.
If you experience damage or loss to your belongings during your move, file a claim with U-Haul as soon as possible. You will need to provide documentation of the damage or loss, including photos and a list of the items affected.
The decision of whether or not to purchase U-Haul rental insurance ultimately depends on your individual needs and circumstances. If you are transporting valuable items, do not have sufficient coverage from your existing insurance policies, or want to minimize the potential financial burden of accidents or damage, U-Haul rental insurance may be worth considering. However, if you have adequate coverage from other sources or are on a tight budget, you may choose to decline U-Haul rental insurance.
