Need Truck Rental or Cargo Coverage?
Penske makes choosing the right type of coverage easy.
Not sure what rental truck or cargo coverage you need? Our professionals can help you choose. Call us at the numbers below, or ask at the counter when you pick up the truck. We offer Limited Damage Waver (LDW), Personal Accident Insurance (PAI), Supplemental Liability Insurance (SLI), Liability Coverage (LIA), Cargo Insurance, and Towing Insurance.
Moving Truck Rental Coverage Options
Business Truck Rental Coverage Options
Coverages described below are only synopses, subject to all provisions, limitations and exceptions of the policies described.
Moving Truck Rental Coverage Options
Limited Damage Waiver (LDW)
LDW coverage relieves you of financial responsibility should any loss or damage occur to the truck or towing equipment except if the vehicle or equipment is used in any manner that violates the terms of the rental agreement. For complete details and the cost of this option, contact your Penske representative at (888) 996-5415.
Personal Accident Insurance (PAI)
PAI offers accidental death and medical coverage to the driver of your truck and your truck’s passengers in excess of your personal insurance coverage. For complete coverage details and rates, contact your Penske representative at (888) 996-5415.
Supplemental Liability Insurance (SLI)*
SLI protects you against claims made by a third party for bodily and/or property damage sustained as a result of an accident while operating your Penske rental truck. Coverage limits vary by state, so check with your local Penske representative. For complete coverage details and rates, contact your Penske representative at (888) 996-5415.
Cargo Insurance (CAI)
CAI covers possessions from loss or damage due to accidents or natural disasters while inside your rental truck, from the time they’re loaded until they’re unloaded. For complete coverage details and rates, contact your Penske representative at (888) 996-5415.
Towing Insurance (TWI)
TWI coverage provides protection against collision damage for a vehicle while attached to, towed by or detached from your rented Penske truck. It also covers a vehicle while being loaded onto, transported by or unloaded from a Penske tow dolly or carrier. For complete coverage details, rates and limitations, contact your Penske representative at (888) 996-5415.
Business Truck Rental Coverage Options
Limited Damage Waiver (LDW)
LDW coverage relieves you of financial responsibility in excess of the option selected should any loss or damage occur to the truck except if the vehicle or equipment is used in any manner that violates the terms of the rental agreement. For complete details and the cost of this option, contact your Penske representative at (800) PENSKE-1.
Liability (LIA)
LIA protects you to the limits of liability up to the requirements of financial responsibility law or other applicable statute of the state or municipality in which the accident occurred. Liability coverage is not available on tractor rentals. For complete coverage details and rates, contact your Penske representative at (800) PENSKE-1.
Supplemental Liability Insurance (SLI)*
SLI protects you against claims made by a third party for bodily and/or property damage sustained because of an accident while operating your Penske vehicle. Coverage limits vary by state, so check with your local Penske representative. For complete coverage details and rates, contact your Penske representative at (800) PENSKE-1.
It’s not too late to get truck rental and cargo coverage at pickup!
You can inquire at the rental counter for more information regarding all of these truck rental and cargo coverage products and any exclusion(s) that may apply.
*All authorized drivers must be at least 21 years of age to purchase this coverage.

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