My contractors policy covers rented equipment. When I rent equipment (usually a skid steer) they give me the option of paying an additional 10% for insurance. I usually decline the coverage as my contractor's policy covers it.
If I were to pay the additional 10%, and needed to make a claim through the company I rented from, would that increase the premiums I pay for my contractor's insurance when I renew?
Presumably if I decline the coverage from the renter and had to make a claim through my own policy it would.
If I were to pay the additional 10%, and needed to make a claim through the company I rented from, would that increase the premiums I pay for my contractor's insurance when I renew?
Presumably if I decline the coverage from the renter and had to make a claim through my own policy it would.