U-Haul Holding Co /NV/ (NASDAQ:UHALB)

About UHALB

U-Haul Holding Company, founded in 1945 as AMERCO and based in Reno, Nevada, stands as a leading provider of self-service moving and storage solutions across the United States and Canada. Its primary "Moving and Storage" division primarily serves residential clients, leasing trucks, trailers, mobile storage containers, specialized equipment, and self-storage facilities. Additionally, it vends moving essentials, vehicle towing accessories, and propane. U-Haul's digital platform, uhaul.com, acts as a hub connecting individuals with independent moving labor services and partner self-storage locations, also providing options for vehicle transport via auto carriers and tow dollies. The company offers a range of specialized boxes for fragile items like electronics and dishes, alongside general packing materials, tape, and security locks. This comprehensive service is delivered through its vast network, comprising around 2,100 company-owned retail locations and over 21,000 independent U-Haul dealerships. Its substantial operational capacity includes approximately 186,000 rental trucks, 128,000 trailers, and 46,000 towing apparatus, complemented by roughly 1,844 self-storage sites offering about 876,000 rentable units. Beyond moving logistics, U-Haul operates a "Property and Casualty Insurance" segment, which provides loss adjustment and claims processing services. This segment offers various protection plans, including Safemove and Safetow for moving and towing customers, covering damage waivers, cargo, and limited medical/life insurance. Safestor and Safestor Mobile safeguard possessions within storage units, while Safemove Plus extends primary liability protection to rental users. Finally, the company's "Life Insurance" division caters primarily to the senior demographic, offering life, Medicare supplement, and annuity policies via both direct underwriting and reinsurance activities.