Equipment Rental Insurance (No Operators)
Built for businesses that rent equipment without supplying operators. Protect your company with General Liability for rental-to-others exposures and Inland Marine for your owned rental fleet.
Who this is for
Rental businesses that do not provide operators with the equipment and need protection for liability arising from rental agreements and for physical loss to their owned fleet. Examples include light construction tools (mixers, compactors, generators), lifts (where eligible), AV & event gear, party equipment, and recreation items (where eligible). We’ll help you align coverage to your exact inventory.
This page addresses rental-to-others exposure without supplying operators. If you provide crews or operate equipment for customers, ask us about an alternate program.
Coverages & Limits
General Liability (Rental-to-Others)
| Each Occurrence | Up to $1,000,000 or $2,000,000 (varies by class/state) |
|---|---|
| General Aggregate | $2,000,000–$4,000,000 typical |
| Products/Completed Ops Aggregate | Included |
| Personal & Advertising Injury | Included |
| Damage to Premises Rented to You | Included |
| Medical Payments | Often excluded or low sublimit |
| Contractual Liability | Rental agreement liability typically included (subject to form) |
GL addresses third‑party bodily injury and property damage claims arising from your rental operations (e.g., alleged negligent instruction, signage, or maintenance). It does not cover damage to your own equipment—that’s Inland Marine.
Inland Marine (Equipment & Contents)
| Valuation | Replacement Cost or ACV (per form); schedule each item with make/model/SN |
|---|---|
| Covered Causes of Loss | Special form; theft often requires documented security (locks, GPS, fenced yard) |
| Deductible | $500–$2,500+ depending on class/value |
| Transit | In transit and on job sites (subject to territory and security warranties) |
| Rented From Others (optional) | Limit for short‑term leased items you do not own |
| Employee Tools (optional) | Sub‑limits available where offered |
Inland Marine responds to direct physical loss to your scheduled equipment. Theft claims typically require evidence of forcible entry or approved anti‑theft measures.
Contracts, Damage Waivers & Certificates
- Rental Agreement: Use clear hold harmless, assumption of risk, and responsibility for damage clauses. Capture ID, credit card, and signatures.
- Damage Waiver: If you sell a waiver to customers, confirm how it interacts with your policy to avoid coverage gaps.
- Certificates (COIs): We issue COIs with AI/Waiver/PNC wording when required by job sites or venues.
- Maintenance Logs: Keep inspection records; they’re key in claims and underwriting.
Notable Exclusions
General Liability
- Providing operators or crew (this program is no operators)
- Auto, aircraft, watercraft liability
- Professional services
- Contractual liability beyond covered rental agreement terms
- Intentional acts, expected or intended injury
Inland Marine
- Wear and tear, gradual deterioration, rust/corrosion
- Mechanical or electrical breakdown (unless endorsed)
- Unexplained disappearance, voluntary parting, inventory shortage
- Dishonest acts by you or employees (fidelity available separately)
- Losses without required security measures (locks, chaining, alarms)
Refer to carrier forms for complete terms, conditions, territories, and exclusions.
Risk Controls that Help Pricing & Eligibility
- Photo ID + card on file; signed rental agreement with safety checklist.
- GPS/air‑tagging on high‑value mobile items; chain/lock policy after hours.
- Fenced, lit storage and closed building for small tool inventories.
- Serial‑numbered schedule, maintenance logs, and staff training.
- Customer instruction sheets and pre/post‑rental inspection photos.
Pre‑Quote Underwriting Checklist
- Inventory list with make/model/serial, values, and locations
- Gross receipts and % by rental category
- Loss runs (3–5 years) if currently insured
- Security details: storage, alarms, trackers, locking protocols
- Copy of rental agreement and (if applicable) damage waiver
FAQs
Is damage to rented equipment covered by General Liability?
No. GL is third‑party liability. Damage to your equipment is an Inland Marine claim (subject to terms and deductibles).
Can you cover rentals that include our operator?
This page is for no‑operator rentals. If you provide operators or crews, ask about alternate programs and endorsements.
Can you add Additional Insured and Waiver of Subrogation?
Yes—available on GL where required by contract. Primary & Noncontributory wording can be added when eligible.
Do you cover equipment rented from other vendors?
Yes, often via an optional Rented From Others limit on Inland Marine (subject to approval and terms).
What valuation applies—ACV or Replacement Cost?
Depends on the carrier form. Replacement Cost is common for newer items; ACV may apply to older gear. We’ll align the schedule accordingly.
Summaries above are for marketing only. Final terms depend on policy forms and underwriting.
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