If choosing to rent a truck for your move, you'll be saving lots of money compared to a full-service move. But that cost savings can quickly deteriorate if you don't have ample truck rental insurance. Just imagine the expense involved if you were to get in an accident while driving the truck rental on your way to your new home. It could really put a damper on the entire move. That's why it's crucial to ensure that you have truck rental insurance coverage.
But before you go buy that insurance policy, you should first check with your current car insurance company if truck rentals are covered. With most car insurance policies, only cars and van rentals are usually covered. However, if you want to upgrade to a truck, you'll more than likely have to take out a separate policy. Another place you can check to see if you have coverage is with your credit card companies, as some provide car and truck insurance coverage as part of the overall policy. If you find that neither avenue provides you with the coverage you need, you'll need to start shopping around. And here's what to look for.
Shop for that truck rental insurance that offers you the best coverage at reasonable prices. If you're moving within a relatively short distance, you may not need to purchase truck rental insurance that covers against theft or damage (cargo insurance). But in almost all cases (unless you're absolutely against purchasing any type of rental insurance), it's smart to buy Limited Damage Waiver Insurance. This type of truck rental insurance covers against damage to the truck, regardless if you caused the accident or not. And you can buy the insurance per day, which limits overall cost. If you want a bit more protection, add on a Supplemental Liability Insurance policy. This protects you and the rental company against any claims from third parties due to any damages to property or person. And if you're worried about any damages to your person or passengers while driving the truck rental, consider buying Personal Accident Insurance. It might just give you the piece of mind you're searching for. After all, moving is stressful enough without worrying about how to pay off an insurance claim.