Renting from Multiple Vendors

It is common to use several rental houses to supply the gear needed for a shoot. Rest assured that your single rented equipment policy will cover all rentals. There is no need to purchase multiple policies for different rentals.

Ensuring Coverage for Multiple Rentals

Step-by-Step Guide:

1. Calculate Total Replacement Cost:
   • Determine the total replacement cost value of all rentals combined. For example:
     • Renting $10,000 in lighting equipment from Rental House 1
     • Renting $25,000 in camera equipment from Rental House 2
     • Renting $5,000 in sound equipment from Rental House 3
   • The total replacement cost for all rentals is $40,000.
2. Apply for a Sufficient Policy:
   • Apply for a rented equipment policy with a limit that covers the total replacement cost value (in this example, $40,000). This ensures that if a total loss event occurs, your coverage will be sufficient to cover losses from all rental houses.
3. Generate Multiple COIs:
   • You can generate multiple Certificates of Insurance (COIs) for each rental vendor under a single policy. There are no additional charges for generating multiple COIs.

Key Points to Remember

• One Single Policy: A single rented equipment policy will cover all your rentals.
• Multiple COIs: Generate as many COIs as needed for different vendors.
• No Additional Charges: There are no extra costs for adding multiple rental vendors.

This approach also applies if you are renting from multiple individuals on a peer-to-peer platform or in general.

For any additional questions or assistance, please contact our support team at [email protected].

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