Does Your Auto Policy Cover Rental Cars?

Does your auto policy cover rental cars?Deciding if you should buy rental car insurance can be confusing and stressful so you don’t want to wait until you’re at the rental counter to make the decision. If you do a little research ahead of time, you can be confident that you are making the right choice.

Your decision should be based on three factors.

  1. Whether you own a car.
  2. The type of personal auto insurance you carry.
  3. If your credit card offers rental car insurance.

The time to review this is before you begin packing. The Insurance Information Institute recommends that before renting a car, you make two phone calls—one to your insurance professional and one to customer service of the credit card you will be using to pay for the rental car.

Start by calling your insurance agent to find out what your personal auto insurance policy covers. You want to make sure that what you have on your personal auto policy will apply to the rental. You should be sure to ask about the amount of your deductible too. Keep in mind that if you are traveling for business, your personal auto insurance may not apply, so check with your company to find out what their policy is on insuring rental cars. Next, you should call your credit card company to find out if they offer insurance on rental cars. In some cases, your credit card can supplement your personal auto policy so it is always good to have the facts ahead of time.

If you need to buy insurance from the rental car company you should choose what you need ahead of time. Usually they offer liability, loss damage waiver, personal accident insurance, and personal effects coverage. If you do not own a car, but rent cars on a regular basis, look into a non-owner liability policy. This can be less expensive than buying the rental car insurance provided you rent cars regularly.

At AssuredPartners NL, our agents are available to answer your questions and review your insurance policies. Let us worry about the protection you need while you enjoy your journey. Give us a call today at 888-702-0901.

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