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Question:

How do i get insurance on rental equitment?

I'm loooking into renting an excavator. And the rental company requires insurance on the equitment. Where do I get it??? My insurance company does not offer it.

Answer:

Your BUSINESS insurance company doesn't offer it? Most of the time, people who rent heavy equipment, are contractors - and they already HAVE inland marine coverage which can cover rented equipment. If you don't have this coverage, it's pricey - it usually STARTS at $2500 - and you can't just cancel it three days later and get all your money back. Your best bet, is to try to buy the coverage from the equipment rental place - but expect it to cost a few hundred. Or try a different rental equipment place.

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