To list your equipment on FriendWithA is absolutely free.
Service Fee:
Only once you have a successful rental, does FriendWithA charge a 10% service fee plus insurance. This will come directly out of your rental.
Damage and Liability Protection:
The coverage is variable and based on the value of your equipment. To see exact pricing we charge, use this link here. Insurance covers you for property damage, lost or stolen equipment and a $100k liability guarantee.
Deductible:
All claims are subject to a 10% deductible based on damages or a 2% deductible based on the item value, whichever is greater.
ex. if there was $2,000 in damage, FriendWithA would cover $1,800 and you would be responsible for $200 (the 10% deductible)
ex. there was $50 in damage and the item is valued at $1,000. The 2% deductible based on the item value would be used. The deductible would be $20. So the lender would be responsible for paying the first $20 of the claim. FriendWithA would be responsible for paying the remaining amount ($50-$20) = $30.