A lot of people forget to consider the insurance they will need when renting a car. Many people select the wrong type of rental insurance. Some choose to get more coverage than they actually need.
You should plan ahead and make a decision about rental car insurance before you make a final decision. This article will help you plan ahead for your next rental car.
It is important to note that not all states require you to be at least 21 to rent a car. Before letting you rent a car, many companies will check your credit and driving records.
Maybe you don’t have to purchase insurance…
There are two things to do before you buy this insurance.
Check your personal car insurance (if you have one), to see if the rental car coverage is included. Most cases, it will. We recommend calling your insurance company if you have any doubts. You should also note that your car insurance may have an impact on the rental car. If you don’t have collision or comprehensive car insurance, you won’t be covered for a rental car being stolen.
Second Many credit cards offer insurance benefits. These usually only cover the damage or loss to the rented vehicle, but not other cars (in the event of an accident involving another car). Personal liability may not apply for bodily injury. This may not be enough for your needs. If you have any questions, call your credit card company to clarify. You should contact each credit card company to learn about the insurance benefits that they offer.
You should ask your credit card company for their details if you are interested in using this benefit as rental car insurance.
You may need rental car insurance if you have to.
If the above two scenarios fail, you may need rental car insurance. Keep in mind, however, that because this is state-regulated, the cost of and coverages vary from one state to the next.
You have many options when it comes to renting car insurance.
Personal Accident Insurance: This provides protection from car accidents for you and any passengers in your vehicle at the time. The insurance will cover the costs of ambulance and medical bills.
Personal Effects Coverage: This provides protection for items that are stolen from your car rental.
Loss-Damage Waiver (LDW): If you have this coverage, you will not be held financially responsible for any damage or theft to your rental car. You will be financially responsible if you cause damage by speeding or driving under the influence of alcohol. This is important to remember!
Umbrella insurance: If you have this type of coverage, it acts as an additional liability policy to your personal car insurance. It provides additional protection for renting a car.
Last but not least, it is a good idea to contact your travel agent before you travel in your rented car abroad. This will ensure that you have proper insurance.
