Assurant Loss Damage Waivers

In addition to being easy to implement and manage, our loss damage waiver programs offer you:

• Compliance — makes it simple for you to comply with all legal and regulatory requirements 
• Profitability — helps grow and add profit to your bottom line
• Protection — covers your equipment from loss or damage, and shields your existing equipment dealer policy from losses
• Time Savings — no need to spend time securing evidence of insurance from your customers
• Training — expert training helps you maximize your loss damage waiver program
  

Customers purchase loss damage waivers at the time of rent and, in exchange, get the following coverage and benefits: 

• Covers theft, collision, hail, fire, overturns, earthquake, flood, vandalism, wind, and tornado 
• Protects against loss of most causes of damage while equipment is on rent 
• Waives your customer’s responsibility of providing proof of insurance 

Because loss damage waivers don’t cover customer abuse or equipment neglect, it’s important your renters understand their responsibility during a rental period.