How much are the premiums with KitSplit?
KitSplit premiums are based on many factors, but how much the rented equipment is worth has the greatest impact on price. In general:
- Policies start at $5 for gear between $10 and $5,000
- Policies start at $50 for gear between $5,0001 and $20,000
- Policies start at $150 for gear over $20,000
These premiums break down into just a little each day, making coverage highly affordable for most small businesses and professionals.
Moreover, most gear can be insured together so long as no one item is too valuable. Extremely valuable equipment might have to be individually listed on a policy.
What’s a certificate of insurance?
A certificate of insurance is a document that’s issued by the insurance company (KitSplit), in order to provide that insurance is in place. Most KitSplit policies come with a COI that gets emailed within 24 hours, if not sooner.
How long do KitSplit policies offer protection for?
KitSplit policies are highly customizable, and their effective periods can usually be adjusted for a rental’s dates and duration. Paying for coverage on days before or after a rental doesn't makes sense, and KitSplit normally doesn’t require that businesses do. Coverage can usually be restricted to the exact days that a rental is occurring, even if that’s just one or a few days.