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Utilizing Your Own Third-Party Insurance for Rentals on ShareGrid
Utilizing Your Own Third-Party Insurance for Rentals on ShareGrid

How to Use and Verify Your Personal Insurance for Equipment Rentals

Dave avatar
Written by Dave
Updated over 4 months ago

Here’s how to ensure you are covered and compliant with your own third-party insurance for equipment rentals on ShareGrid.

Eligibility and Pre-Checks:

  • Before you use your insurance for rentals on ShareGrid, please make sure that your policy includes coverage for 'rented equipment from others.'

  • If you need more clarification, please contact your insurance provider to ensure your policy is appropriate for the equipment you intend to rent.

Verification Process on ShareGrid:

  1. Upload Policy Details: Log in to your ShareGrid account and upload your insurance policy details. Please visit our "How to Verify Your Third-Party Insurance on ShareGridsupport page for a detailed explanation.

  2. Policy Verification: As part of our ShareGrid verification process, we will contact your insurance provider to verify the coverage limit amount and policy effective dates.

    Please note that homeowner's, renter's, and general liability policies DO NOT cover rented equipment from others and hence are not accepted.

  3. Completion: Verification typically takes between 1-2 business days. Once verified, your policy details, including limits and effective dates, will be displayed on your account.

Post-Verification:

  • Once your insurance is verified and linked to your account, you can use it for upcoming rentals. Please ensure your policy remains active and adequately covers all rented items throughout the rental period.

Need Help?

  • Please reach out to our support team if you need any help during the verification process or have general questions about using your own insurance on ShareGrid.

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