Equipment hire: how to be properly insured?

Have you always wondered whether you're protected in the event of an incident when hiring equipment? Don't worry, with civil liability insurance, you're covered with complete peace of mind.

Equipment hire: a growing trend

Given the cost of purchasing the equipment, the Hire of gardening and DIY equipment is becoming increasingly common. For specific tools such as chainsaws, drills or scaffolding, private individuals tend to rent rather than buy.
This trend can be explained by several factors:

• Financial economics For example, buying equipment for one-off use can be costly, whereas renting helps to reduce expenditure.
• Space saving DIY and gardening equipment is often bulky. Renting avoids the accumulation of unused tools.
• Commitment to the environment Rather than buying a product that will be little used, renting encourages responsible consumption and limits waste production.

Are you covered by insurance in the event of an incident?

The answer is YES ! Provided you have civil liability insurance.

Before any rental, make sure you have third-party liability insurance. Insurance home liability covers damage caused to third parties in the event of an accident while using the rented equipment. However, certain conditions and exclusions may apply depending on your contract.

What is civil liability in equipment hire?

Civil liability is a legal obligation incumbent on anyone who causes damage to others. In the context of equipment hire, it covers a number of situations:

• Bodily injury injury caused to a third party by the use of the rented equipment.
• Property damage Damage to property belonging to others as a result of using the equipment.
• Immaterial damage economic damage caused by the inability to use the equipment due to an incident.

Is civil liability insurance compulsory?

As a general rule, the law does not require specific insurance for equipment hire, except for certain specific types of equipment (site machinery, motorised vehicles). However, most hire companies require the hirer to take out insurance covering the risks associated with using the equipment.

What insurance should I take out?

Although civil liability insurance is generally sufficient, there are several additional options to guarantee optimum protection when hiring equipment:

1. Professional indemnity insurance Insurance: compulsory for companies, covering damage caused to third parties during the course of business.
2. Bank card insurance Some top-of-the-range cards offer cover for equipment hire.
3. Insurance specific to the hire company Some suppliers offer cover as part of the rental contract.
4. Equipment damage insurance Insurance: generally, the deposit is sufficient to cover minor damage, but specific insurance may be required in the event of theft, loss or major damage.

Optimise the use of your equipment with Qijco

If you are professional and want to generate extra income, think about renting out your equipment on Qijco. You'll be able to make the most of your equipment in complete safety.

You are individual ? That's also possible! You'll find the lease contract available in the FAQ on our site for simple and efficient contact.
Tips for a secure rental

• Read the rental contract carefully Check the clauses on liability and obligations in the event of a claim.
• Check your home or business insurance Some cover includes equipment hire.
• Carry out an inspection before and after use to avoid any disputes with the hire company.
• Use the equipment correctly safety and maintenance instructions to limit the risk of accidents.

Conclusion

Hiring equipment offers a host of benefits, with the peace of mind that comes with having the right insurance. With QijcoYou can rent or make available your equipment in complete security. The platform also provides you with additional security by guaranteeing transparent management of transactions and reducing the risks associated with rental. Before any rental, take the time to analyse your insurance needs and fully understand the terms of the contract.