Rental Vehicles - Insurance Information-Controller's Office - Carnegie Mellon University

Rental Vehicles - Insurance Information

General Information

Vehicles rented for university business purposes for less than thirty (30) days are considered short-term rentals by the university's current automobile insurance carrier.  Coverage of short-term rentals under the university's automobile insurance policy is subject to the following conditions:

  • All drivers of rental vehicles must be over the age of twenty-one (21).
  • Any rental vehicle that has a value over $75,000 must be specifically scheduled with the Risk Management Office prior to the start of the lease/rental agreement.
  • Coverage under the university's automobile insurance policy is only provided for vehicles rented in the United States, the territories and possessions of the United States, Puerto Rico and Canada.
  • Rented vehicles should be leased as:  Carnegie Mellon University - (name of faculty, staff, or student).
  • Individuals renting vehicles for more than thirty (30) days should contact the Office of Risk Management Office to confirm applicable insurance coverage.

PLEASE NOTE:

Regardless of location, the following optional insurance coverages will not be reimbursed:

  • Personal effects coverage/effects protection;
  • Personal accident insurance.

Domestic Vehicle Rentals

International Vehicle Rentals