Rent-ItGuard®

Rent-ItGuard®

An Insurance Program designed exclusively for the equipment rental industry. Rent-itGuard is equipped to meet the insurance and risk management needs of the equipment rental industry. Rent-itGuard has been designed for businesses engaged in the rental of equipment including light and heavy construction equipment, equipment rental (homeowners), rental stores whose rental operations are greater than 60% of total revenue and party supply rental stores. Program “Sweet Spot” includes rental operations focused on aerial lifts, construction equipment, contractor's equipment, tool rental, or party supply rental, with equipment sales limited to 40% of total sales.

Success Story

Rent-ItGuard understood the exposure of a highly specialized type of rental equipment business and worked with the broker to provide a solution when other markets could not.

Eligibility Requirements

The program is available in all states, but currently has exclusive distribution agreements in place for Arizona, California, New Mexico, Nevada and Utah. If you represent a rental company outside those states, please contact us.

Target Classes

The Rent-itGuard program offers customized coverages for businesses engaged in the equipment rental industry.

SIC Codes/Classes of Business

  • 735300 Heavy construction equipment rental
  • 735399 Heavy construction equipment rental, nec
  • 735900 Equipment rental and leasing, nec
  • 735901 Home cleaning and maintenance equipment rental services
  • 735999 Equipment rental and leasing, nec, nec
  • 735906 Party supplies and rental services
  • 735909 Musical instrument and rental services

Ineligible Classes

  • Rent to own centers
  • Equipment rental with operators
  • Crane rentals with or without operator
  • Any installation, erection or contracting operations
  • Any watercraft, aircraft or medical equipment rental
  • Automobile or truck rental

Success Story

Rent-ItGuard understood the exposure of a highly specialized type of rental equipment business and worked with the broker to provide a solution when other markets could not.

Coverage Available*

*This is intended as a brief overview of the coverages offered.
Available in all states except WV.

Success Story

Rent-ItGuard understood the exposure of a highly specialized type of rental equipment business and worked with the broker to provide a solution when other markets could not.

Contact Information

For more information on the services and products offered by Rent-itGuard, and to learn more about the best ways to address insurable business risks specific to the equipment rental industry, please contact:

Larry K. McDowell, CPCU, AMIM
Program Manager
Phone: 813-490-4921
Email: larry.mcdowell@willis.com

The Rent-ItGuard Program office is located in Tampa, FL.

 

Larry K. McDowell, CPCU, AMIM, Assistant Vice President, Program Manager

Phone: 813-490-4921
Fax: 813-712-7001
Email: larry.mcdowell@willis.com

 

Success Story

Rent-ItGuard understood the exposure of a highly specialized type of rental equipment business and worked with the broker to provide a solution when other markets could not.

Obtain A Quote

The Rent-ItGuard Program is available to independent agents in the U.S. You must be approved to write business with Willis Programs before we can bind coverage for your client. If you are not, please visit our "Writing Business With Us" page.

Submissions Should Include the Following:

  • Rent-ItGuard Supplemental
  • ACORD forms completed for all coverage requested
  • 5 years currently valued loss runs (current year; plus prior four years) including a description of any incurred claim over $10,000
  • If multiple buildings, please provide distance between buildings via diagram or a satellite photo
  • Complete copies of Customer Rental Agreement(s)

 

Send Completed applications to:

Larry K. McDowell, CPCU, AMIM
Progam Manager
Rent-ItGuard Insurance Program
Direct Phone: (813) 490-4921
Fax: (813) 712-7001
Email: larry.mcdowell@willis.com

Success Story

Rent-ItGuard understood the exposure of a highly specialized type of rental equipment business and worked with the broker to provide a solution when other markets could not.