Looking for Equipment Rental Insurance?
Protect your rental business from equipment damage, customer injuries, theft, and liability claims. Harper provides insurance for construction equipment, party rentals, tool rentals, and specialized equipment leasing businesses.
What is Equipment Rental Insurance?
Equipment rental insurance protects rental businesses from risks such as equipment damage, theft, customer injuries, and rental disputes. Coverage commonly includes inland marine, general liability, and property coverage. Lenders and customers often require proof of insurance before financing or renting high-value equipment.
Equipment Protection (Inland Marine)
Covers rental equipment against damage, theft, or loss while in customer possession or transit.
Rental Liability
Protects against customer injuries or property damage resulting from rented equipment use.
Business Property
Covers facilities, inventory, and equipment stored at your rental location.
Certificates
Fast proof of insurance for lenders, customers, and business partners.
Who Needs Equipment Rental Insurance?
- Construction equipment rental businesses : Businesses requiring specialized insurance coverage
- Party and event rental companies : Businesses requiring specialized insurance coverage
- Tool rental shops : Businesses requiring specialized insurance coverage
- Specialized equipment leasing providers : Businesses requiring specialized insurance coverage
Why Harper?
Equipment Rental Expertise
Rental businesses face unique exposure from customer misuse, high-value inventory, and theft risk. Harper understands these challenges and places coverage designed for equipment rental operations.
Fast Proof for Financing & Rentals
Equipment lenders and customers often require insurance documentation before releasing inventory. Harper delivers accurate certificates quickly to support rentals and financing.
Clear, Practical Guidance
We explain inland marine, rental liability, and property coverage clearly so you understand how insurance protects your inventory and business.
Coverage Matched to Your Inventory
Whether you rent construction equipment, party supplies, tools, or specialized machinery, Harper aligns coverage with your inventory value and usage.
Frequently Asked Questions
What insurance do equipment rental businesses need?
Most rental businesses need inland marine coverage for equipment, general liability for customer injuries, and property insurance for facilities. Workers compensation is required if you have employees.
Is equipment rental insurance required?
Often, yes. Lenders require insurance on financed equipment, and some customers require proof of coverage before renting high-value items.
How much does equipment rental insurance cost?
Small tool rental businesses may pay $2,000–$5,000 annually, while construction equipment rentals often range from $5,000 to $25,000 or more depending on inventory value.
Does insurance cover customer-caused damage?
Inland marine coverage may protect equipment damaged while in customer possession, subject to rental agreements and policy limits.
Does insurance cover theft?
Coverage can apply to equipment stolen from customers or your facility when proper security measures are maintained.
Can I require customers to carry insurance?
Yes, but your policy typically provides primary coverage. Customer insurance usually acts as secondary protection.