Rental Reimbursement Coverage

While completing your application for Owned Equipment coverage, you will see an option to add "Rental Reimbursement" coverage. 

This coverage is meant to reimburse you for rental fees you incur if your covered equipment is damaged, lost or stolen in a covered claim incident, and you must rent equipment immediately to resume operations. This coverage is enacted 72 hours after loss or damage, as long as you submit a claim and it is accepted by the insurance carrier. 

The max limit you can purchase for rental reimbursement coverage is $25,000. This coverage does not apply to rented equipment. For the equipment coverage which applies to rented equipment, see 'Loss of Use' coverage. 

If you forgot to add this coverage while applying, you may add it after you have purchased your policy by clicking the link to Modify Coverage from your User Dashboard.