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Ensuring Proper Insurance or Damage Waivers for Rentals on ShareGrid

Navigating Options for Renters and Owners

Dave avatar
Written by Dave
Updated over a month ago

This guide outlines the essential insurance or damage waiver options for renting equipment on ShareGrid, including the details on liability insurance for both renters and equipment owners.

Insurance and Damage Waiver Options on ShareGrid:

All ShareGrid renters must have insurance or a damage waiver that equals or exceeds the total replacement value of the rented equipment.

Available Options:

  • Damage Only: Damage waiver for damages to the equipment during the rental period.

  • Damage + Theft: Loss Damage Waiver for damages and theft of the equipment during the rental period.

  • Short-Term Insurance: Serviced by our insurance partner, Athos Insurance, this coverage is suitable for short rental periods and offers comprehensive protection.

  • Annual Insurance: Serviced by our insurance partner, Athos Insurance. Year-long coverage. Ideal for frequent renters or long-term rentals.​

  • Third-Party Insurance: An external insurance option not directly offered by ShareGrid but accepted.

Liability Coverage:

  • Not Required: Renters are not required to have liability insurance to rent equipment on ShareGrid.

  • Not Included: Our standard coverage options do not include liability insurance.

  • Optional: Renters can add liability coverage through Athos Insurance if needed.

For Equipment Owners: Owners concerned about liability can require renters to have liability coverage in their equipment listings, promoting clear expectations and transparency.

Need Assistance?

We recommend reviewing each coverage type to find the best fit for your rental needs. Your peace of mind is our priority.

Disclaimer: ShareGrid is not an insurance provider, broker, or agent. ShareGrid is not licensed as an insurance provider, broker, or agent in any state or country. Damage Only and Damage + Theft coverage options are not insurance policies. All rentals require some type of coverage. Other coverage options include Short Term, Annual, and Third-Party Insurance. Eligibility for coverage under Damage Only and Damage + Theft coverage options is subject to the renter’s compliance with all of the terms and obligations in ShareGrid's Terms of Service.

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