Insure My Equipment is your quick and easy portal to get coverage for production equipment.

As peer-to-peer rentals are becoming increasingly more popular, you should be informed on your coverage and exclusions.

  • If you more than 25% of your gross annual income from rentals, you are ineligible for coverage while your equipment is out for rent.
  • If you rent your equipment to others, you should add False Pretense coverage to your policy
  • False Pretense coverage will apply if your renter fails to return the equipment as promised, or rents under false pretenses.
  • False Pretense coverage will not apply if your renter does not rent under false pretense, and returns the equipment as promised, but returns it damaged, or it is stolen while in their possession. For this reason, we always recommend that you require your renter to have their own Rented Equipment policy, and list you as ‘Loss Payee’ under their policy.
  • If you are renting your equipment to others, and you have False Pretense coverage, you must have a written rental agreement in place
  • You should know that when you willingly release your equipment to a third party, and it is no longer in your custody, care or control, coverage may not apply unless you have the False Pretense coverage added to your policy.