Does The Coverage And Deductibles You Have On Your Personal Auto Policy Apply To A Rental Car?

When you rent a car, there’s always that moment of truth, the moment when the salesperson asks you if you would like to purchase insurance (or more accurately, a loss waiver) through the rental company. According to most of these salespeople, if you do not purchase the insurance (which can bump the price of your rental up $20 per day or more) the consequences for the slightest scuff on the door will send you spiraling into bankruptcy. The cost of insurance at the rental car counter may also vary depending on the rental car company, state and the type of car you wish to rent. Car rental insurance can be complicated and you might even feel pressured into purchasing it, but before you commit yourself to spending the money on a loss waiver, take a moment to think about some other options.

Car Insurance

If you carry comprehensive and collision coverage, your personal auto policy will generally cover the cost of replacing or repairing a stolen or damaged rental car. Because each insurance company is a little different, however, it is a good idea to speak with your insurance agent and confirm that the rental car is covered by your existing policy.

Remember that any deductibles you have will apply to the rental car. For instance, if you have a $500 deductible and sustain $450 worth of damage, you will be responsible for the full cost. If you have a $500 deductible and sustain $1000 worth of damage, you will be responsible for the first $500 and the insurance company will pay for the balance.

Remember, too, that for your rental car to be covered you must carry comprehensive and collision insurance. If your insurance protects you only against liability, it will not cover the cost to repair or replace a rental car if it is wrecked or stolen. You may also want to take note that in the event of a car accident with the rental car, your personal insurance premium may go up in cost.

Credit Cards

Some credit card companies offer rental insurance benefits. To find out what each of your credit cards offer, simply call the customer service and ask. You may want to shop around a little to find out which of your cards offers the best insurance benefits. When you find the best deal, ask for a copy of the insurance policy in writing. This will allow you to look the policy over carefully to determine that it offers the coverage you need. Having the policy in writing will also put a stop to the he-said-she-said that may occur if a loss does happen.

It’s easy and often tempting to sign on the dotted line and let car rental insurance take care of everything. But if you do so without stopping to investigate other avenues available, you may find yourself paying for car insurance coverage you may already have. Fifteen or twenty minutes of easy research can save you a hefty sum of money and offer you piece of mind.

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Car Insurance – Types of Coverage for Rental Vehicles

Renting a car can be a daunting and confusing experience. The contract is lengthy, and few customers take the time to read it in full, particularly when they are standing in line at the counter with impatient people behind them. Customers who are in a hurry to get their car and leave will often agree to whatever the agent recommends, often with expensive results.


Purchasing additional insurance when you rent a car may or may not duplicate coverage you already have. The coverage included by many rental agencies may include one or more of the following:


Collision damage waiver – Should you be involved in an accident, this coverage transfers liability for the damage from you to the rental car company. This coverage tends to be rather expensive, and can cost up to $20 daily. Your credit card may cover you for this; you should check with your credit card company before you rent the car just to be sure.


Liability insurance – This covers damage to other cars or individuals should you be involved in an accident. This coverage almost certainly duplicates coverage that you may have under your own auto insurance policy. You should contact your insurance company to be sure you will be covered for liability in the event of an accident.


Personal accident insurance would cover health expenses for the driver and passengers in the event of an accident. This is also a likely duplication of coverage from your personal auto insurance policy.


Loss of personal items from the car due to theft may or may not be covered under your own auto policy. You should check with your agent to see if your suitcases, golf clubs, or whatever are covered against potential loss. You may purchase such coverage at the time of rental with most companies.


If you simply decide that you want to be covered for everything, you could easily be paying $50 per day or more for the sum of all coverage listed above. Given that $50 a day could also purchase a tank of gas, it really isn’t a good idea to reflexively purchase any and all insurance offered by the agent. A smarter idea would be to take a few minutes to call your insurance agent and your credit card company a few days before you plan to travel. Simply explain that you plan to rent a car for a trip and you would like to know what, if any, coverage is available to you as one of their customers. You may discover that you are already covered for a number of potential problems. If it turns out that you are not already covered, then you can purchase needed protection when you rent the car.

Copyright 2008 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including LemonLawHelp.net, a site devoted to information regarding lemon laws for automobiles and Car-Insurance-Help.net, a site about car insurance.

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What To Look For In A Automotive Insurance Coverage Company

People don’t know the significance of automobile insurance. Individuals are just getting car insurance coverage, merely used for the sake of having it, since the government required them to. Individuals know little about the vehicle insurance coverage insurance policies facets and benefits. auto insurance coverage covers the associated fee as soon as a automotive unexpectedly gets into or creates an accident. Covering damages to properties as well as accidents is the minimal advantages needed by the state. However, some insurances offer you probably the most elements in addition to benefits. Different services embrace protection of non-collision damages  such as theft.

auto insurance is your automotive’s safeguard in opposition to any threat. Consequently, you might have to select the finest auto insurance coverage business. In finding auto insurance you will have to sense many things. Here are one suggestions designed for choosing greatest vehicle insurance company:

Reliability is important. As we speak frauds are anywhere. You’ve to be cautious never to turn into a victim. vehicle insurance coverage is your car’s shield. Carelessly selecting car insurance coverage firm may perhaps provide you with a con artist. In addition to it could even give you numerous financial in addition to legal complications.

vehicle insurance firm has to be a  trustworthy company in case of an emergency. You’ll visit the state department that holds registration of insurance coverage companies.

Check the grievance information of the company. You can examine the records of the state division of insurance. Not the whole huge as well as well-liked companies are dependable. You ought to check their complaint ratio for each 1000 customers. In doing so, you can conclude how credible their company is by way of car insurance. After all, it is unimaginable to find a company with no grievance record. So, you have to look for some with the lowest.

Excellent service effectiveness is in addition severe to consider in searching for greatest automobile insurance coverage company. It truly is simpler to cope with an organization along with delightful customer service. With wonderful customer support, purchasing vehicle insurance coverage is so convenient.

Know the appraisal score of professionals. Frequently, insurance coverage specialists publish reviews as well as scores to newspapers as well as magazines. Experts frequently know the greatest as well as trustworthy auto insurance because of their experience within your corporation. They typically give advises where to find greatest vehicle insurance coverage deals. Additionally, they know who in addition to what firm supply the greatest as well as dependable automobile insurance coverage in your area.

Know the cost. Lastly, the utmost serious concern for practically everybody is the cost. It truly is vital for the company to present inexpensive car insurance quotes. Usually people are searching for promos in addition to discounts. As well as they usually go for companies with the lowest price except even now trustworthy vehicle insurance quotes.

Listed below are just a few tips for which you might sense. Really feel free to explore the most with reference to auto insurance coverage offers. The more you recognize, the not as much of possible so that you can regret.

Visit UK Insurance to find lots of tips on Car Insurance in the UK.

Need information on other kinds of Insurance in the UK? You can find it here!

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