InsureMyEquipment.com
Generator Rental Insurance
What is generator rental insurance?
Many businesses rent generators to meet temporary needs, such as after a major disaster, during an event, or throughout a construction project. Whenever a generator is rented, the business renting it usually remains liable for any damage or loss of the equipment throughout the duration of the rental. Generator rental insurance may help mitigate such costs if something happened to a rented generator.
Generator rental insurance mainly protects rented generators against various causes of damage or loss. Policies are specifically for rented, rather than owned, generators.
Who should consider generator rental coverage?
Any business or individual renting a generator should consider generator rental coverage. Without coverage, replacing a lost or damaged generator could be quite expensive.
Since generators are rented for many different purposes, policies are purchased by a variety of businesses and individuals. Contractors and event planners might regularly rent generators, and almost any business could need one during a prolonged power outage. Homesteaders and campers sometimes rent generators, as do people in other situations as well.
In all of these situations where a generator is rented, getting rental coverage for the equipment is likely prudent.
Trusted by Our Industry Partners
How long does a generator rental policy last?
The length of a generator rental policy’s coverage is flexible, and can easily be tailored to the duration of rental. Many policies are purchased for just a few days or weeks, but up to a year of coverage is usually available for prolonged generator rentals.
What type of equipment does generator rental coverage protect?
Generator rental coverage is available for most types of generators. An insurance agent who knows these policies well should be able to find coverage for:
- Portable generators
- Standby generators
- Inverter generators
- Industrial generators
Policies may also cover any accessories that are rented with the generator, such as cords, connections, plugs, covers, monitors and fuel extenders.
What risks does a generator rental policy protect against?
Generator rental policies typically protect covered equipment against several potential risks that could result in loss or damage. Covered risks often include perils such as:
- Damage during transit
- Weather-related damage
- Fire or smoke damage
- Water damage
- Theft
An insurance agent who specializes in generator rental coverage can look at the particulars of a policy's terms, checking more precisely what a given policy would cover.
Does generator rental coverage apply to accidental damage?
While many generator rental policies provide coverage for accidental damage, it's not a universal feature of all policies. If accidental coverage is particularly important, a knowledgeable agent can assist with checking what policies include this protection.
How much does a generator rental policy cost?
The cost of a generator rental policy can depend on several factors, including the value of the rented generator, the rental duration, and the specific risks covered. The situation where it’s to be used, and other factors, also might impact premiums.
In general, however, these policies tend to be quite affordable. Businesses can limit the coverage to only what they need, and thus not pay for unnecessary protections.
To find out how much insuring a rental will cost, businesses can get a customized quote for a policy.
Where can individuals or businesses get generator rental insurance?
If you're in the process of renting a generator and need insurance, consider the specialized policies available at Insure My Equipment. Use our website to customize your coverage and purchase a policy online, or contact our independent insurance agents for any questions about generator rental insurance. Either way, we’ll make sure you’re well covered for the entire duration of the generator rental.
InsureMyEquipment
757 S Alameda St UNIT 350, Los Angeles
-
Signed up with Insure My Equipment years ago and have nothing but good things to say. The website makes adding/ deleting insured items super easy and when I've had a claim there has been no issues at all.. Great option for Photographers, … More DP's and other production folks who need to protect their gear
-
Insure My Equipment was timely and treated my claim with care. It's hard to know whether you can trust insurance companies to come through when you need them and Insure My Equipment took care of our company every step of the way. … More They are transparent, easy to use and I'd recommend them for the peace of mind incase something goes wrong.
-
InsureMyEquipment had served my Video Production Business for many years. They were easy to work with and responsive in a timely manner when I needed a document put together right away. Their prices are also competitive.
-
I've used many insurance providers, and they are by far the best. Other insurance providers respond in the coldest most sterile apathetic way without any emotion. InsureMyEquipment has real humans that ALSO behave and respond like … More humans, crazy right! They also had coverage options I never knew existed. They had the most coverage, the most options, and a better price than most of my previous insurance providers.
-
It's simple: you pay monthly and they get your back when you have a claim. That's the business. And InsureMyEquipment has done this for me for over a decade, including a decent sized claim. My agent, Nadia, is always responsive … More and helpful, too.
Contact Us
Questions? Send us an inquiry or email us directly