Insurance Q&A

  • Yes. Every renter is required to provide a valid COI (Certificate of Insurance) that covers the entire value of the rented equipment as well as general liability insurance. If you do not have insurance, we recommend booking our equipment through Sharegrid

  • Yes, we do not accept insurance policies from Thimble

  • The type of policy that covers rented production equipment is called an “Inland Marine” policy.

  • Your rented equipment (Inland Marine) policy will need to cover the full replacement value of all the rented equipment for your production. For example, if you rent $10,000 worth of equipment from us, and $5,000 worth of equipment from another rental house, your policy needs to cover $15,000 worth of rented equipment

  • Not every insurance broker will offer policies that cover rented production equipment (Inland Marine). If you already have a general liability policy with an insurance broker, then you can double check with them to see if they offer a short term inland marine policy. If not, we recommend checking out Athos Insurance for their short term and annual policies

  • Now you’ll have your broker issue us a COI (Certificate of Insurance). The COI is different from the Proof of Insurance that you’re given after you purchase a policy. The COI will specifically need to be issued to us as a “loss payee”, and it will state our name and address under the certificate holder section