Rental Fleet Physical Damage
Rental fleet physical damage (inland marine) is the foundation of trailer rental coverage. It protects the trailers you own and rent out against physical loss — whether they're sitting on your lot or being towed down the highway by a customer.
Rental Fleet Physical Damage for Trailer Rental Businesses
Your trailers are your inventory and your revenue. A single enclosed cargo trailer or dump trailer can represent $5,000–$25,000, and a full rental fleet easily runs into six figures. When a customer jackknifes your car hauler or a unit is stolen off the lot overnight, you need a policy that replaces the asset — not a liability policy that only pays third parties.
What's Covered
- Collision & upset: Damage when a renter wrecks the trailer in transit
- Theft & vandalism: Trailers stolen from your lot or from a customer's site
- Weather & fire: Hail, wind, flood, and fire damage to parked units
- Coverage on rent and on lot: The fleet is protected wherever it is — not just on your premises
Scheduled vs. Blanket Coverage
Smaller fleets are often scheduled unit-by-unit (by VIN); larger rotating fleets are written on a blanket limit so you can add and retire units without re-endorsing every time. We structure the policy around how fast your inventory turns.
Actual Cash Value vs. Replacement Cost
We'll show you both. Replacement cost keeps you whole on newer units; ACV is cheaper but depreciates older trailers. For a rental business, a hybrid schedule is often the right answer.
What's Covered
Frequently Asked Questions
Rarely enough. Most personal auto policies provide little or no physical damage coverage for a non-owned trailer, and many exclude it entirely. Relying on the renter's policy leaves your asset exposed — fleet physical damage covers the trailer itself.
Yes. A properly written rental fleet physical damage policy follows the unit on-rent, including collision and theft while it's in the customer's possession. That's the whole point — your inventory is rarely on your lot.