RISK MANAGEMENT BULLETIN

Insurance for Equipment Rentals 

Our office receives many insurance questions from agencies when they rent or lease equipment. Trailers, construction or farm equipment, power tools and the like, must be insured prior to renting or leasing. Agencies should, at a minimum, purchase the insurance coverage offered by the rental/lease agency. Some equipment cannot be self-insured and requires commercial procurement. To ensure coverage is in place, we require all requests be received/approved prior to obtaining equipment.  

Any rental not approved for insurance by our office, is the agency’s responsibility for damages. 

						QUESTIONS: 

Risk Management Division
85 State House Station
Augusta, Maine 04333-0085
Telephone 287-3351 Toll Free 1-800-525-1252  Fax 287-4008