Insurance Requirements

What We Require

Liability Insurance

All customers are required to have a minimum of $1,000,000 in general liability insurance.

Rental Equipment Property Coverage
(ex. Inland Marine Insurance, Rented Equipment Insurance) Rented Equipment Insurance with a minimum of $100,000 is required. If a Certificate of Insurance is not provided evidencing Rented Equipment Coverage as described above, a Damage Waiver Charge will be added to the rental (15% of the rental amount).

Insurance Certificates may be emailed to boomcosales@teglease.com. If you have any questions regarding Insurance Certificates, please feel free to speak to your local branch representative or call 888-404-1582 and ask to speak with the Certificate of Insurance Department.

Download sample insurance certificate

DISASTER, THEFT & VANDALISM WAIVER (DTV) - DTV IS NOT INSURANCE

Disaster, Theft & Vandalism (DTV) Protection Plan

If you do not carry rental equipment insurance through your business policy, we offer a Disaster, Theft & Vandalism (DTV) Protection Plan to meet our insurance requirements and help protect you from major unexpected losses.

The DTV Protection Plan is a protection waiver offered by BoomCo that provides limited coverage in the event of:

Natural disasters (e.g., landslides, hurricanes, floods, earthquakes, hail, wildfires)
Theft, with a filed police report and proof of reasonable security measures
Vandalism, with filed police report This plan helps reduce your financial responsibility if the equipment is damaged or lost due to one of these covered events.

The DTV is not insurance. It is a contractual waiver that provides limited protection for specific occurrences while the equipment is in your possession. See Section 13 of the Master Rental Agreement for full details on the DTV Protection Plan.