U-Haul Holding Company (AUK)

Overview

U-Haul Holding Company stands as a leading do-it-yourself moving and storage operator catering to the needs of household and commercial customers in the United States and Canada. It traces its origins back to 1945 and has since grown to offer a broad spectrum of rental, storage, and insurance products tailored to facilitate ease and security in moving and storage operations. Originally known as AMERCO, U-Haul has established a strong presence in the market, backed by a formidable network of company-operated retail moving stores and a widespread affiliation with independent dealers. Based in Reno, Nevada, the company leverages its extensive fleet and diverse offerings to serve a vast customer base, emphasizing convenience, reliability, and customer service.

Products and Services

Moving and Storage: U-Haul provides a comprehensive suite of moving and storage solutions, including the rental of trucks, trailers, portable moving, and storage units, alongside specialty rental items. These offerings are catered to household movers, coupled with the sale of essential moving supplies, towing accessories, and propane. Its novel online marketplace, uhaul.com, further enhances customer experience by facilitating connections with independent service providers for moving help and self-storage facilities.

Vehicle Transportation: The company caters to vehicle transportation needs through its auto transport and tow dolly options. These services are designed to safely and efficiently transport vehicles, ensuring peace of mind for customers during their move.

Packing Supplies: Understanding the importance of safeguarding belongings, U-Haul offers specialty boxes designed for fragile items such as dishes, computers, flat-screen televisions, and sensitive electronic equipment. Additional packing essentials available include tapes, security locks, and various packing supplies, underscoring the company’s commitment to providing comprehensive moving solutions.

Self-Storage: U-Haul’s extensive network of self-storage locations offers approximately 949,000 rentable storage units. These facilities cater to the varied storage needs of customers, providing a secure and accessible option for the storage of personal or commercial goods.

Insurance: The Property and Casualty Insurance segment covers a range of moving and storage protection packages, including Safemove and Safetow, which offer damage waivers, cargo protection, and medical and life insurance coverage. Safestor and Safestor Mobile provide protection for storage customers, safeguarding their goods in storage. Additionally, Safemove Plus offers a layer of primary liability protection to rental customers, reinforcing U-Haul’s dedication to offering comprehensive protection to its customers.

Life Insurance: Through its Life Insurance segment, U-Haul provides an array of life and health insurance products, mainly targeting the senior market. These offerings include the direct writing and reinsuring of life insurance, medicare supplement, and annuity policies, illustrating the company’s diverse range of services beyond moving and storage solutions.