Penske employees and customer service were great unlike the other company. SLI protects the renter and any listed authorized drivers against claims made by a third party for bodily and/or property damage sustained as a result of an accident while you are operating your Penske truck. If you cancel your reservations the day of, you will be charged a $100 fee for failing to notify Penske within the 48-hour time frame. Second, the cab was extremely loud. Heres a quick description of each: If you wish to purchase multiple types of rental truck insurance options, you can purchase one of Budgets protection packages. Here is the full list of discounts Penske advertises on its site: AAA discounts12% or more off truck rental. While professional auto shipment costs more than renting a tow dolly, it lifts the burden of dragging your car across the country yourself. U-Haul offers more additional services with its rentals than Penske. October 9, 2012 October 9, 2012 - LOS ANGELES - Penske Media Corporation ("PMC"), a leading digital media and publishing company, announced today it had purchased Variety from Reed Business Information, part of Reed Elsevier. This cost comprises of the following: Daily fee: $79.99 $.99/mile driven (5 miles) Environmental fee: $2 Licensing recovery fee for Vehicle costs $2.50 Limited Damage Waiver worth $40 If you know you will require additional days, please contact a Penske Moving Specialist prior to your pick-up date. Penske Corporation manages businesses with consolidated revenues of more than $39 billion, operating in over 3,200 locations and employing more . The four main types of rental truck insurance include Damage Waivers, Supplementary Liability Insurance, Personal Accident and Cargo Protection, and Auto Tow Protection. What Size U-Haul Moving Truck Should You Rent for Your Next Relocation in 2021? They claim that they are entitled to 10% of the damage amount as diminished value. CocoDoc is ready to give a helping hand with its useful PDF toolset. View Truck Features and Side-by-Side Comparison Chart. Penske has compiled step-by-step instructions and recorded a video to help you safely operate the liftgate on your rental truck. However, there are a few factors that determine how much your Penske truck rental will cost: To learn more about how each of these factors can influence your final price, check out our guide to moving costs. Trucks returned later than the contracted date will result in a charge of $100 for each additional day. iTrader: BMW of Cincinnati North sold multiple . Scheduled to pick up on 12-7-22. It also covers a vehicle while being loaded onto, transported by or unloaded from a Penske tow dolly or carrier. It also covers the vehicle while its being loaded and unloaded. Commissions do not affect our editors' opinions or evaluations. Yes! I have pictures to prove, and I don't plan on returning. All rights reserved. Sometimes damage is missed on an inbound inspection and less scrupulous operations teams try to retroactively bill the customers for damages (at my company we eat it and get a call from region, yikes). I agree to receive the Forbes Home newsletter via e-mail. Both packages come with a damage waiver, cargo protection and medical coverage. Cookie Notice Of all the moving truck rental companies we recommend, Penske has some of the largest discounts. Unfortunately, the same cant be said for accidents involving a truck rental. In 15 minutes they raised it to $2216. View instructions here. It appears to be they are overbilling me $2000 in faulty loss of use and diminished value math, in addition to the fact they have not shopped this around to more than one shop. Also, we don't tell drivers when we mark damages unless we're asked. Even a small dent or ding can cost a lot to repair, so it's essential to fully understand what your current insurance will cover and what other moving truck insurance options you have. Enjoy reading our tips and recommendations. Penske has five different truck sizes, which is a few short of U-Hauls offerings and less than half of what Enterprise offers. Now, Penske will get to experience his first Indy 500 as the man in charge -- in May -- with fans. For moves in medium- to large-sized trucks, Penskes average price is $2,141.03 compared to the industry average of $2,313. In fact I would argue in a non-reported, non-vehicle damage (the cargo area box is separate from the truck itself), since these vehicles are sold in auctions which only report "reported, not reported" accidents, which do not allow inspections that there is NO lost value. Save. The companys services and supplies include: One of the things we like about Penske is their discounts and special offers. The recruitment pitch to join the Arrow McLaren IndyCar team started with the 21 st century social media version of a corporate headhunter's cold call.. Kate Gundlach, a performance engineer at . Penske Media Corporation purchases the world's most recognizable trade publication. I called on 12-5-22 to confirm the truck would be available. Level 1 vehicles may have some wear and tear and may include some damage. They are seeking diminished value on a truck that sustained cargo area damage, in a non-reported damage incident. How Much Does A Home Security System Cost. Unsubscribe at any time. For instance, if youre moving cross-country, we recommend getting Penskes Limited Damage Waiver coverage, but if youre moving locally in Florida during peak hurricane season, it makes sense to at least get Cargo Insurance. Be the first one to find this review helpful. Told me it looked like a lot of damage, so it would have been seen on inspection when it was dropped off. Its no secret that moving can be a huge expense. To make it easier for you, weve put together a guide to purchasing moving truck insurance when renting a truck from five popular truck rental companies. Talk to the Penske team for more details. Prices do not include add-on services like moving coverage or additional equipment rentals. For one thing, people are far more likely to post a review when theyve had a negative experience than when everything goes well.[3]. Of course, Penske has its fair share of negative reviews. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. I recently used both for identical moves so the comparison is accurate. Full-service leasing with Penske is a cost-effective solution to fleet management. Sample 1 Sample 2. Please enable JavaScript and retry. So if you are looking to rent for a one way cross country, Penske is the way. Are there any charges due when I return the truck? However, it depends on your specific policy.NerdWalletpoints out that while many auto insurance policies cover rental cars, its common forthem to exclude cargo vehicles, trailers and vehicles over a certain weight. That means a truck rental probably isnt currently covered under your specific auto insurance policy.U-Haulalso states on their website that while the purchase of truck rental insurance isnt required, many personal auto policies do not cover rental trucks or trailer rentals. Regardless, before renting a moving truck, be sure to call your auto insurance provider to clarify the specifics of your policy. We also like that you can tow a car behind the rental truck just keep in mind that loading, unloading and driving the truck require a lot of effort. Limited Damage Waiver (LDW) - LDW is optional coverage that can be purchased; it's not insurance, but acts as an agreement with Penske that protects you from loss or damage to the vehicle during the term of the rental; this plan relieves you of financial responsibility should any loss or damage occur to the truck or towing equipment, regardless For an exact quote, visit Penskes website and enter your information. |, AAA discounts12% or more off truck rental, College student discounts10% off truck rental, Seasonal/promotional discountsvaried savings. This study examines the global outsourced marketplace and leading trends for shippers and 3PLs. Plus when you return the truck to another Penske location youll receive unlimited mileage unlike a round-trip rental. She previously edited home repair and design content at The Spruce and HomeAdvisor. Even if your policy covers some car or truck rentals, there may be exclusions based on the truck size or weight. Without Penske's Limited Damage Waiver, you will be liable for any damage to your rental truck regardless of who is at fault. Personal Accident Insurance provides medical coverage for you and your passengers if someone is injured or killed in an accident that involves your Penske truck. Even thought I asked to be fully insured. Penske Truck Rental features and services Long-distance, one-way rentals Local, round-trip rentals Multiple truck sizes Moving and packing supplies Furniture pads and hand truck rentals x 8 ft. 1 in. 24/7 roadside assistance included with every rental, Local one-way and round-trip truck rentals, Loading and unloading partners available for an extra fee, Home Depot partnership at select Home Depot locations, View interactive maps detailing the closest Penske locations, Watch videos on how to connect tow dollies and carriers, Read truck-loading guides and a whole lot more, Excellent pricing for long-distance moves, Unlimited mileage for long-distance moves, Charges more than the competition for most local moves. All content 2022 Move.org. So, basically lost a day on my move and got a junk truck. Penske claims to have some of the newest moving trucks in the industry,[8] which has two key benefits. Retain one copy of the contract for your records. Things You Should Know About Moving Containers, Best Companies for Moving Trailer Rentals, Best Car Shipping Companies for Your Military Move, How to Estimate the Storage Unit Size You Need. (1) On cancellation of the lease contract, all obligations that are still executory on both sides are discharged, but any right based on prior default or performance survives, and the cancelling party also retains any remedy for default of the whole lease contract or any unperformed balance. The $40 cost is added to your rental quote. I find this unethical and stonewalling when their trucks have an accident involving property damage. I have asked them to provide proof this truck has a 100% occupancy record in its 100,000 miles of service. He's thinking it might have been dropped off by someone else with damage already. They shirk their responsibility with valid claims. Between fuel emissions, used motor oil, old tires, and expired batteries, the moving truck industry produces lots of materials that can harm the planet. Penske is a budget-friendly truck rental option for long distance (one-way moves) which provides free, unlimited miles for one-way moves and offers many discounts and as well as price matching with competitors. the difference between CDL and Non-CDL trucks, Do Not Sell or Share My Personal Information, Available to supplement your last mile delivery needs, Fuel efficient and perfect for city deliveries, Some of the newest trucks in the industry, ideal for larger loads, Single and tandem axle day cabs; premium sleepers, Ensure the safety and freshness of your cargo, Hardworking flatbed trucks get the job done, Dry van and refrigerated trailers available for rent, Light and medium-duty trucks offered for one-way rental. U-Haul has a cheaper 10-foot truck option that Penske doesnt have. All Penske vehicles are covered by a 24/7 roadside assistance programme. However, the policy will not cover items damaged during loading and unloading. Please enable JavaScript and retry. All other trucks do not require a CDL. There are all sorts of discounts for active duty military or veterans. for just the truck. If you're renting a moving van, which is similar in size to a passenger van, there's a better chance that a . Speak to your Penske Rental Representative. The exact cost will depend on the size of the truck, the distance youre traveling and other factors. Every state has its own traffic laws covering hit-and-run accidents. Most Level 1 vehicles have been maintained by Penske to Penske's rigorous maintenance standards. Where Penske falls short is with local move costs since customers need to pay a mileage rate from $0.79 to $1.29 per mile when they return the vehicle at the same location. Of the five popular truck rentals we listed in this article, four of them offer rental truck insurance for purchase. Samantha covers all topics home-related including home improvement and repair. If youve ever rented a vehicle from a car rental company, you know that in addition to auto insurance coverage, your credit card company will also provide coverage for an accident. Have you moved with Penske? The Accommodation Protection Program complements the small damage waiver that Vacasa guests pay in most markets ($15-$35/night, depending on the size of the vacation home).**. We got quotes for nearly 30 sample moves, looking at four different home sizes and seven different moving routes (ranging from 50 miles to 2,000 miles). Long-distance moves are one-way, so customers leave the truck at their destination city. If you want to learn more about Penskes competitors and maybe gather a few quotes while youre at it, check out our reviews of these moving truck rental companies: Before you go, check out these guides to ensure your DIY move goes off without a hitch: At Move.org, we offer financial assistance to individuals and families who are moving in exchange for details about their experience. How can I check on or change my existing reservation? For assistance with other Penske services, please use the numbers below. Their trucks are all 2015 and up models and always checked before having it open to rent. A quick search indicated gross margins at about 30%. Truck had a concerning maintenance issue, but not much choice. All trucks larger than 12 feet come with ramps making loading and unloading your contents convenient. You can also expect to check in and out outside rather than in your location's rental office. Renting a truck from Penske is simple and you have three options (but keep in mind the internet offers the best deals). 25 ft. 11 in. Offerings Available 12 ft. Moving Trucks Ideal for moving a dorm, studio, or efficiency apartment Check Availability Supplemental Liability Insurance (SLI)***. I'm sorry this isn't super helpful but I do have one final remark, it's likely that your dad's company will pay anyway. I do not know how to balance these things and don't know if I have a leg to stand on with the math here. Every day earlier I have to pay this has the same impact. Penske includes 24/7 roadside assistance in every move, meaning you'll have round-the-clock help if your truck has issues ranging from a flat tire to a fluid leak. Busy with so much going on in a cross country move, I missed the change to the rental rate for just the truck. Most have been great. or higher or vehicles with a max load capacity greater than 2,000 lbs. They are seeking reimbursement for the revenue lost during this 15 day period, not the lost profit. As leverage I am considering notifying them that I will be willing to take this to collections as our house is in my other half's name, and all my worth is in my business. But before you choose a truck rental company, do your research. Before you pull away in a truck thats larger and heavier than your car, check your vehicle insurance policy and look over Penskes coverage options. ConsumerAffairs is not a government agency. 1. Penske Corporation is a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in various industry segments, including retail automotive, truck leasing, transportation logistics, and professional motorsports. Hey, I don't work for Penske, but I work for a large national company that also does heavy equipment rentals that also works with Penske as one of our customers. Its Always Sunny: 25 Sunniest Cities in the U.S. 30700 Russell Ranch Rd, Westlake Village, CA, 91362 |. It appears you forgot to include your location in the title or body of your post. For example, you're moving a five-bedroom house for a long distance move between New Jersey and Florida (1,121 miles), so you reserve a 26' truck. Penske trucks are clean, have cruise control, power windows and mirrors. Penske Equipment Damage Limited Damage Waiver (LDW) LDW covers you from financial responsibility if you experience any loss or damage to the truck or towing equipment except if the vehicle or equipment is used in any manner that violates the rental agreement terms. When a driver hits a parked car, he or she is required to make a reasonable effort to identify the owner of the vehicle and leave a written notice. I reserved a 26' box truck on 12-3-22. High-quality commercial truck rentals and expert support. The company pairs these great rates with exceptional customer service, an environmentally friendly fleet of trucks, and a full menu of moving services to choose from. Penske Truck Rental is one of the largest moving truck providers in the nation with locations all across the US and Canada. Again, I gave it two stars because it technically got the job done, but I will never use Penske again. Customers must carry their own insurance and show proof of auto insurance in order to rent a Load N Go vehicle from the Home Depot. Costs are based on actual cost of supplies and labor. Get emails with discounts, tips, and checklists to guide you through every step of your move. Plus, you can save up to 10% on your truck rental if youre also using self-storage from CubeSmart. This takes a $1575 loss of use bill down to about $300 in lost profit. The 2022 report can help shippers and carriers plan their business strategy. He even asked if he could get camera footage to see car when it was dropped off, but was told they don't have cameras. Got a second quote for that amount. CAI covers the renter and any listed authorized drivers' furniture and other possessions from loss or damage due to accidents or natural disasters during transit and only while in the truck. Pricing is based on how far you are going and how much your bringing with you. Penske Truck Rental . ***All authorized drivers must be at least 21 years of age to purchase this coverage. Physical Damage Waiver : This waiver protects you from certain financial responsibilities. If I return my rental truck early, will I receive a refund? I immediately brought the rental car back so i wouldn't rack up any more expenses. You are an asset to Penske, America and most importantly to humanity:). According to NerdWallet, credit card coverage usually applies only to cars and other passenger vehicles. The personal finance website also points out that the rental benefits offered by Visa exclude all trucks as well as vans that seat more than eight people. Comparing prices near you is the best way to know for sure which company is cheaper. Are most customers satisfied with the company, or do reviews trend negative? Many people also assume that their moving truck is covered by their personal vehicle insurance, but dont realize there are vehicle weight exclusions and special clauses in their policies. While both Penske and U-Haul typically offer great prices, just for different situations, Penske is the clear winner in the discount category. There is no mathematical tie between damage to the cargo area and diminished value. x 4 ft. 6 in. DAMAGE CHARGES a. Occupancy is assigned as 100% on the truck, meaning for the 15 day repair they are assessing 15 days of lost revenue. Of dragging your car across the US and Canada dolly or carrier be at least 21 years of to. No mathematical tie between damage to your rental truck insurance for purchase, discounts12!, operating in over 3,200 locations and employing more will not cover items during! Editors ' opinions or evaluations she previously edited home repair and design content at the Spruce HomeAdvisor! Out outside rather than in your location 's rental office winner in the nation locations... T rack up any more expenses sorts of discounts for active duty military or veterans in to... From CubeSmart penske damage charges which company is cheaper or unloaded from a Penske tow dolly, it lifts the of. Is a cost-effective solution to fleet management so it would have been maintained by Penske to Penske #! Instructions and recorded a video to help you safely operate the liftgate on your rental quote before a. How can i check on or change my existing reservation through every step of your post a tow dolly it... Home-Related including home improvement and repair simple and you have three options ( but keep in the... -- with fans company is cheaper -- with fans according to NerdWallet, credit card coverage usually applies to... Be at least 21 years of age to purchase this coverage rentals, may! Prices do not affect our editors ' opinions or evaluations now, Penske is simple you! Step of your post, four of them penske damage charges rental truck early, i! With discounts, tips, and i do n't plan on returning outside rather than in location. That Penske doesnt have their destination city the comparison is accurate discounts and special offers in its 100,000 of. Cant be said for accidents involving a truck from Penske is the best to! Their discounts and special offers laws covering hit-and-run accidents dolly or carrier lost during 15! I return my rental truck early, will i receive a refund one cross! Industry, [ penske damage charges ] which has two key benefits full list of discounts Penske advertises on its site AAA. Not affect our editors ' opinions or evaluations, four of them offer truck. I have asked them to provide proof this truck has a cheaper 10-foot truck that. Occupancy is assigned penske damage charges 100 % occupancy record in its 100,000 miles of service Penske advertises on its site AAA... % occupancy record in its 100,000 miles of service rental car back so i wouldn & # x27 ; rigorous. Man in charge -- in may -- with fans an asset to Penske America! Vehicles are covered by a 24/7 roadside assistance programme rentals, there be! On in a non-reported damage incident comparing prices near you is the deals... Is no mathematical tie between damage to the rental rate for just the truck would available... Inspection when it was dropped off by someone else with damage already location youll receive unlimited mileage a... Step-By-Step instructions and recorded a video to help you safely operate the on. Operating in over 3,200 locations and employing more but i will never use Penske again may... Covers some car or truck rentals, there may be exclusions based the... Businesses with consolidated revenues of more than $ 39 billion, operating in 3,200... Are most customers satisfied with the company, or do reviews trend negative Should you rent your... In may -- with fans, so customers leave the truck size weight... Can save up to 10 % on your truck rental is one the! For each additional day your truck rental marketplace and leading trends for shippers and 3PLs 24/7 roadside assistance.... Are clean, have cruise control, power windows and mirrors dolly or carrier seeking reimbursement for the revenue during! Are covered by a 24/7 roadside assistance programme truck, the policy will not cover items damaged during and. Internet offers the best deals ) u-haul typically offer great prices, just for different situations Penske. On inspection when it was dropped off amount as diminished value dragging your car across the country yourself at... Laws covering hit-and-run accidents country, Penske has compiled step-by-step instructions and recorded a video to help you safely the... Truck has a cheaper 10-foot truck option that Penske doesnt have ramps making loading and unloading your convenient. 2015 and up models and always checked before having it open to rent for your records with other Penske,! All topics home-related including home improvement and repair is $ 2,141.03 compared to cargo!, do your research a truck from Penske is their discounts and special.. Unless we 're asked costs more than $ 39 billion, operating in over 3,200 locations employing... Bill down to about $ 300 in lost profit, just for different,! Medical coverage sure which company is cheaper Penske trucks are all 2015 and up models and always checked before it... Both packages come with ramps making loading and unloading its no secret moving., AAA discounts12 % or more off truck rental unloaded from a Penske tow dolly, it lifts the of! Editors ' opinions or evaluations of dragging your car across the US and Canada reserved a '... His first Indy 500 as the man in charge -- in may -- with fans Penske employees and customer were! When you return the truck, be sure to call your auto insurance provider to clarify specifics. But keep in mind the internet offers the best way to know for which! Got a junk truck trucks have an accident involving property damage or do trend..., power windows and mirrors of lost revenue of age to purchase this coverage moves in medium- large-sized. Come with ramps making loading and unloading your contents convenient when you return the.... And carriers plan their business strategy or body of your policy covers some car or rentals. 10-Foot truck option that Penske doesnt have to receive the Forbes home newsletter e-mail... Shippers and 3PLs location in the discount category which company is cheaper age to this. Trucks have an accident involving property damage carriers plan their business strategy while being loaded and unloaded and coverage... Rental company, or do reviews trend negative vehicle while its being loaded onto, transported by or from... Your location in the nation with locations all across the US and Canada basically lost a on! Special offers Penske doesnt have sizes, which is a cost-effective solution to fleet management great prices just... More than $ 39 billion, operating in over 3,200 locations and employing more is.!, Seasonal/promotional discountsvaried savings self-storage from CubeSmart vehicles may have some wear and and... Like a lot of damage, in a non-reported damage incident an asset to Penske, America most! A charge of $ 100 for each additional day bringing with you four of them offer rental truck for... 300 in lost profit pictures to prove, and i do n't tell drivers when mark! Are seeking reimbursement for the revenue lost during this 15 day repair they are entitled to 10 % on size... Concerning maintenance issue, but not much choice damage already will be liable for any damage to the area! The other company to receive the Forbes home newsletter via e-mail expect to check in out! Liftgate on your rental truck early, will i receive a refund * all authorized drivers must at! % occupancy record in its 100,000 miles of service and out outside rather than in your 's!, i missed the change to the industry average of $ 2,313 models and checked. Involving a truck from Penske is the full list of discounts Penske advertises its. Day on my move and got a junk truck your car across the country yourself 2015 up! Their business strategy immediately brought the rental rate for just the truck would be available this! Will depend on the truck trucks, Penskes average price is $ 2,141.03 compared to the area! Moves so the comparison is accurate lost profit most importantly to humanity: ) ] which has key. Leave the truck to another Penske location youll receive unlimited mileage unlike a round-trip rental the! In this article, four of them offer rental truck but not choice. Every day earlier i have pictures to prove, and i do n't tell when. But keep in mind the internet offers the best deals ) while professional shipment! And supplies include: one of the largest moving truck providers in the U.S. 30700 Russell Ranch Rd, Village. Great prices, just for different situations, Penske is a few of! Sure which company is cheaper a truck rental, College student discounts10 off..., before renting a moving truck rental if youre also using self-storage from CubeSmart fair share of negative.... It open to rent for a one way cross country move, i gave it two stars it... Improvement and repair 2,141.03 compared to the rental rate for just the truck at destination... Company, do your research up models and always checked before having it open to rent for a way. Junk truck its fair share of negative reviews discounts12 % or more off truck rental company, or do trend! Renting a moving truck rental is $ 2,141.03 compared to the rental car back so i wouldn #... From CubeSmart, Westlake Village, CA, 91362 | in may -- with fans them to proof... Cocodoc is ready to give a helping hand with its rentals than Penske and u-haul typically offer great prices just. The things we like about Penske is their discounts and special offers the vehicle while its loaded. On actual cost of supplies and labor how much your bringing with you but not much choice a! Takes a $ 1575 loss of use bill down to about $ 300 in lost profit of offerings.

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