Assurant Loss Damage Waivers

The Choice for Dealers Seeking Industry-Leading Equipment Protection

Protect your investment and your customers with reliable loss damage waivers

Loss damage waivers are purchased at the time of rental and used to protect your equipment while it’s being rented. These waivers aren’t insurance, but they offer you the protection you need without requiring your renters to purchase physical damage insurance. 

Our Features & Expertise

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    Affordable Pricing

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    Comprehensive Protection

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    Industry-leading Customer Experience

  • Blue and black icon of a graph

    Affordable Pricing

  • Black and blue icon of a shield

    Comprehensive Protection

  • Black and blue icon of a customer service rep

    Industry-leading Customer Experience

Loss Damage Waiver Program

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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

Loss Damage Waiver Coverage

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. 

 


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Companies We Partner With

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Dealers

Build customer loyalty with immediate, tailored, and seamless coverage at the point of sale, including extended service contracts, physical damage insurance, loss damage waiver, guaranteed asset protection, and non-trucking liability.

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Ready to talk to an expert?