How to remove URS with Downstream Marketplace
Uninsured Rental Surcharge (URS)
What is URS?
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URS is a surcharge that may apply to equipment rentals when qualifying insurance is not on file for your company.
How to remove URS
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To remove URS, submit proof of qualifying insurance to Downstream Compliance.
Your documentation must include:
- General liability coverage meeting required limits
- Equipment coverage meeting replacement-cost requirements
- Additional insured language, if required
- A current COI
Send documents to: [email protected]
Insurance requirements
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- General Liability: $1M per occurrence / $2M aggregate
- Equipment or inland marine coverage: at or above full replacement cost
- Coverage must remain active for the full rental period
COI submission rules
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- Blanket policy: submit once per year at renewal
- Per-asset coverage: submit for each new rented asset
Important notes
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- URS is not insurance
- Your company remains responsible for loss or damage as described in your rental terms
- If coverage lapses, URS may be re-applied
Questions?
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Contact [email protected]