Car Rental Insurance Guide

By Auto Insurance

Executive Summary about Car Rental Insurance by Robert McKnight

Insurance for Car Rental

Some of the rental company’s insurance policy may be necessary while other coverage may be extended through your own auto insurance premium. It’s important to know what rental car charges you are responsible for before accepting your car.

According to Hertz, a leading provider of rental cars, most major rental companies are not paying for costs associated with acts of nature. It’s important for drivers to know that most major car rental companies no longer provide coverage for cars damaged by acts of nature like hail storms, earthquakes and floods.

Read Your Agreement Terms Carefully.

Car Rental Insurance agreements can be very long and complicated documents. Collision Damage Waiver Car rental companies offer all types of coverage options to you before you receive your vehicle. This coverage automatically extends to your rental car.

If you refuse this coverage, you should be aware that most car rental insurance companies expect to be paid immediately. If you rent a car in another country your insurance coverage will not likely extend to your rental.

Car Rental USA and Insurance – Car Rental Insurance Terms Explained
by Eamonn Turley

If you are from the UK and intend taking a fly drive trip to the USA it is best to be familiar with the insurance cover provided by the large rental companies such as Alamo.

Carefree Personal Protection Insurance knows as (PERSPRO) is not included in any car rental quote and is entirely optional. This cover is for accident indemnity, accident medical expenses and emergency medical evacuation, death and dismemberment, repatriation of remains and personal effects. This would normally be covered under your personal holiday insurance. You will need to check your personal holiday insurance prior to departure and if you are already covered you will not need this additional rental insurance offered at the rental depot.

Car Rental Insurance – Am I Already Covered?
by Jerry Lyons

If you have liability auto insurance you are covered, but only for liability. Liability insurance basically covers the driver and passengers but not the rental vehicle itself. Many drivers are covered in some way for an average car rental. Also, a loss-of-use fee is not normally covered by personal auto insurance policies. And, personal auto policies that extend collision coverage to a rental car may only provide a coverage limit equal to the value of your own vehicle. If the value of your personal vehicle is less than that of the rental vehicle, you could still incur some damage responsibility.

Loss of use is a fee that is charged by the rental company if your rental car is damaged and is sent out for repair. You should also check to see if you are covered for damage to the rental vehicle through you credit card.

Photo: [ Palm Covers Car ]