UHAL-B 📈 U-Haul Holding - Overview

U-Haul Holding Company is a prominent player in the do-it-yourself moving and storage industry, operating across the United States and Canada. The company's core Moving and Storage segment offers a wide range of products and services, including truck and trailer rentals, portable moving and storage units, specialty rental items, and self-storage spaces. These services cater primarily to household movers, as well as commercial customers. Additionally, the company sells moving supplies, towing accessories, and propane, further enhancing its offerings. The online platform, uhaul.com, serves as a marketplace that connects consumers with independent Moving Help service providers and self-storage affiliates, providing a one-stop solution for moving needs.

The company's extensive network comprises approximately 2,300 company-operated retail moving stores and 21,000 independent U-Haul dealers, ensuring a broad reach and accessibility for its customers. Its rental fleet is substantial, consisting of around 188,700 trucks, 139,400 trailers, and 43,700 towing devices. Furthermore, U-Haul operates 1,962 self-storage locations, offering about 1,004,000 rentable storage units. This vast infrastructure underscores the company's commitment to providing comprehensive moving and storage solutions. The company also offers specialized products, such as boxes designed for sensitive items like dishes, computers, and flat-screen televisions, along with packing supplies and security locks, to facilitate safe and secure moving experiences.

U-Haul's operations extend beyond moving and storage, with a Property and Casualty Insurance segment that provides loss adjusting and claims handling services. The company offers moving and storage protection packages, including Safemove, Safetow, and Safestor, which provide customers with damage waivers, cargo protection, and medical and life insurance coverage. These packages are designed to offer peace of mind to customers during the moving process. Moreover, the company's Safestor Mobile product protects customers' stored belongings, while Safemove Plus provides an additional layer of primary liability protection for rental customers. This array of insurance products demonstrates the company's focus on customer protection and risk management.

The Life Insurance segment of U-Haul is dedicated to providing life and health insurance products, primarily targeting the senior market. Through direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies, the company aims to meet the insurance needs of this demographic. Founded in 1945 and headquartered in Reno, Nevada, U-Haul Holding Company has a long history of serving its customers and has evolved to become a multifaceted organization with a diverse range of products and services. For investors and those seeking more information, the company's website, https://investors.uhaul.com, offers a wealth of details, including its common stock information, with the ISIN US0235865062, categorized under the GICS Sub Industry, though it's worth noting the classification as Passenger Airlines may not fully align with the company's current business profile.