If you're planning multiple rentals or working on high-value projects, choosing the right insurance is essential. ShareGrid supports Short-Term, Annual, and third-party insurance options—each offering flexible coverage beyond a single rental.
Here’s how to make the most of your insurance coverage.
Insurance Options
Short-Term and Annual Policies (via Athos Insurance)
Short-Term Policies
Ideal for single OR multiple projects within a set time period.
Must cover the entire rental period, including pickup and drop-off dates.
Make sure your policy limits cover the combined replacement value of all rented items.
Constraints: Short-term rental policies strictly cover the specific dates mentioned during purchase. The coverage starts and ends as defined in the policy, and any subsequent rentals require a new policy for applicable coverage.
Annual Policies
Best for frequent creators.
Cost-effective for those renting throughout the year.
Provides continuous coverage across multiple projects.
Timing Requirements: Short-term policies must be set up before booking a rental to ensure coverage is applied. Policies cannot be applied retroactively to rentals booked before the policy is set up.
Tip: For high-value rentals, please make sure your policy's coverage limits match or exceed the full replacement value of the rented gear. Understanding and following these details helps guarantee smooth coverage and avoids potential issues. If unsure, consult your insurance provider for personalized advice.
Multi-Rental & Multi-Project Coverage
Both Short-Term and Annual policies can cover:
Multiple rentals.
Rentals from both ShareGrid and other sources.
You don’t need a new policy for each rental; just ensure the coverage period and value limits are active.
Rebooking Procedures for Existing Rentals
If you have active bookings without insurance but want to apply a new short-term policy, you must cancel those bookings and rebook them with the selected coverage.
Note on Policy Period Limitations
The validity of short-term rental policies does not extend beyond the designated start and end dates. Ensure coverage spans all relevant rental dates and acquire a new policy if needed for subsequent rentals.
Third-Party Insurance
Accepted on ShareGrid if coverage requirements are met
Great for users with custom or high-limit policies
Submit your Certificate of Insurance (COI) during checkout
One third-party policy can often cover multiple rentals, provided the coverage total is sufficient
For more details on using third-party insurance on ShareGrid, please see Using Third-Party Insurance for Rentals on ShareGrid.
Need Help Choosing a Policy?
For questions about insurance types or limits, contact Athos Insurance directly:
(626) 716-9800 or service@athosinsurance.com
They can help you determine the best fit based on your rental frequency, project timeline, and gear value.
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Need Help?
If you have any non-insurance-related questions or need assistance, please don't hesitate to contact ShareGrid's support team.
Disclosure: This communication is on behalf of ShareGrid Platforms, LLC or its affiliates (“ShareGrid”). This communication is for informational purposes only and contains general information only. ShareGrid is not rendering legal, financial, accounting, business, tax, or other professional advice or services by means of this communication. This communication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your interests. You should consult a qualified professional advisor. ShareGrid does not assume any liability for reliance on the information provided herein.