Additional Costs and Fees to Watch For
Sticking to a moving budget is tough, especially when the initial truck quote is just the starting point. To help you plan for the full cost of your rental, we’ve broken down the common fees and add-ons that are typically added at the counter. Here is exactly what to look out for so you have a clear picture of your final bill.
Insurance
As with the other major truck rental companies, Penske offers several options for insurance and liability coverage:
- Limited Damage Waiver (LDW): Waives your financial responsibility for covered damage to the truck or towing equipment, per contract terms, but not your personal vehicle or belongings.
- Supplemental Liability Insurance (SLI): Up to $1,000,000 in protection for the renter and listed authorized drivers against claims made by a third party for bodily and/or property damage (age restrictions apply).
- Cargo Protection (CAI): Protects your household items in the truck from loss or damage caused by accidents or natural disasters during transit, and only while in the truck (limits apply).
- Personal Accident Insurance (PAI): Medical and accidental death coverage for the renter and cab passengers.
- Towing Insurance (TWI): Covers a vehicle towed behind your Penske truck in case of damage while loading or unloading, or while in transit.
Make sure to review your policy in detail before checkout, as coverage may vary, and you’ll want to be sure you’re getting what you need.
Moving Supplies
In addition to a rental truck, your move will require moving supplies like boxes, tape, furniture pads, and a dolly. You have lots of options for buying and renting supplies and equipment, like borrowing from friends and family or purchasing them at your local hardware store.
If you need, you can buy or rent moving supplies from Penske as well. Prices may vary by date or location, but here’s what we saw in the quote flow for both local and long-distance quotes:
| Item | How it’s Offered | Typical Details | Quoted Price |
|---|
| Hand truck/Dolly | Rental add-on | Stair-climber style with straps | -$15 for local move -$15 for long-distance move |
| Furniture pads | Rental add-on | 4’×6’; available in 12-packs | $20 per dozen |
When researching, I was informed that there were supplies offered for sale at the location where I was picking up my Penske truck, although there were no specific details about which supplies were available. According to Penske’s website, they offer the following supplies for sale, but pricing varies by location:
- Moving boxes
- Bubble wrap
- Mattress bags
- Mattress covers
- Ropes and bungee cords
- Padlocks
Towing Equipment
Need to tow your vehicle as part of your move? Penske offers two options for towing equipment (available only with a Penske truck reservation): a tow dolly and a car carrier.
Each type serves a different purpose and is better for certain cars. Here’s what to know:
- Tow dolly: This lifts the front wheels of your vehicle off the ground. It’s best for front-wheel-drive vehicles within Penske’s recommended size/weight limits.
- Car carrier: This carries the entire vehicle and is typically used for AWD/4WD/RWD vehicles or when owners prefer to have all wheels off the road.
In the chart below, we break down each piece of equipment further:
| | Tow Dolly | Car Carrier |
| Best for | Front-wheel-drive cars | AWD, 4WD, RWD vehicles |
| Key Limits | – Load cap ~4,300 lbs – Max towed width: 74 in – Max wheelbase: 125 in | – Load cap 4,055–5,000 lbs (depends on truck size) – Max towed width: 80.5 in – Max wheelbase: 128 in |
| Considerations | – Rear wheels on road (adds tire wear) – Not for AWD/4WD – Cheaper than car carrier | – All wheels lifted off road (no tire wear) – More stability for long-distance moves |
Quotes vary depending on factors such as date and distance. Generally speaking, adding a tow dolly or car carrier adds several hundred dollars to a move.
Common Cost Surprises
To keep your budget on track, watch out for common "hidden" costs. These are things you might not know about or expect, so they’ll seem like a surprise on your final bill. Here’s what to look out for:
- Environmental Fee: A small mandatory fee added to most rentals.
- Diesel vs. Gas: Penske's large trucks use diesel. This fuel can sometimes be more expensive than regular gas.
- Late Fees: Returning the truck late can result in being charged for an extra day.
- Tolls: You are responsible for all tolls incurred during the drive.