This guide outlines the essential coverage requirements for renting equipment on ShareGrid, including the available options for damage and theft protection and details on liability insurance for both renters and equipment owners.
Coverage Requirements and Options on ShareGrid:
Mandatory Coverage: All ShareGrid renters must have coverage that matches or exceeds the total replacement value of the rented equipment.
Available Coverage Options:
Damage Only Coverage: Protection against any damages to the equipment during the rental period.
Damage + Theft Coverage: Includes damage protection and adds protection against theft.
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?
For Short-Term or Annual Insurance questions, please contact Athos Insurance at (626) 716-9800 or service@athosinsurance.com.
If you have other questions, please don't hesitate to contact ShareGrid's support team.
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.