No, you don't need car insurance to rent a U-Haul. Most auto insurance policies or credit cards don't extend coverage for U-Hauls, so rental services recommend purchasing optional coverage, as otherwise you would be financially responsible for any kind of damages.
There are multiple options available on the market for U-Haul coverage, such as Safemove, Safetow, or Safestor. U-Haul coverage can include:
Supplemental liability insurance
Towed property protection
Most providers will allow you to personalize your coverage, so if you feel like any of the options are not necessary, you can drop them. Your U-Haul rental company will be able to offer you coverage that best fits your needs.
No, you do not need insurance to rent a car because rental companies have their own insurance. Rental car companies usually provide minimum liability coverage only, so if you don’t have personal insurance, you’ll probably want to purchase extra rental car insurance through the rental company. If your personal car is insured and you pay for your rental with a credit card, you can probably skip the optional coverage offered at the rental counter.… read full answer
You don’t have to purchase all of these coverage types to be protected while driving your rental. But minimum liability insurance carried by the rental car company isn’t enough protection if you get into an accident.
When You Don't Need The Rental Company's Insurance
Before you buy the rental company’s insurance, you should consider what coverage you may already have through your personal car insurance. The coverage limits and deductibles you have on your personal vehicle typically still apply to rentals, as long as you’re renting for personal use. Many major credit cards also offer coverage for rental cars if you pay with your card and decline the collision damage waiver offered by the rental company.
No, Chase Sapphire Reserve does not cover U-Haul rentals. The auto rental collision damage waiver does not cover vans or trucks, the types of vehicles offered by U-Haul. It’s also good to note that U-Haul rentals don’t count as travel on the Chase Sapphire Reserve. You will only receive 1 point / $1 spent on rentals using the card.… read full answer
However, U-Haul does offer its own rental insurance policy. And it’s possible that your existing auto insurance policy could cover rentals, though that’s rare. Either way, it’s a good idea to get coverage, as U-Haul declares renters that decline coverage as fully responsible for all damages of rented vehicles.
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