Does Inland Marine Cover Rented Equipment?

Sometimes, when rented equipment is included in the schedule or extension; physical damage and rental charges may have separate limits.

Continued rental payments after a covered loss may have different terms from the equipment’s physical damage.

Before signing a rental contract, check that the item and value qualify, the coverage is active, transit and jobsite use are included, and the deductible fits. Ask separately about equipment you rent out.

Updated . Check your quote and policy wording to see how this answer applies to your coverage. See the editorial policy or contact Spot with a correction and supporting source.

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