Accident Insurance

Rental Car Accident Insurance

When someone will be renting a car for either business or personal reasons they need to consider how rental car accident insurance works. Auto insurance protects you from unforeseen circumstances and when renting a car most car rental agencies will have policies available for sale to protect the driver and their property.

Rental car accident insurance purchased through the rental company will include a collision damage waiver or loss damage waiver which will protect you against damage or theft of the rental car. This particular coverage will be void if you drive while intoxicated, have an accident due to speeding, or drive on unpaved roads. The insurance through the rental agency will also include liability insurance as it is required by the law of the state the auto is being rented in. This insurance will give the protection of excess liability coverage but will not be enough in case of a serious accident.

If a driver purchases rental car accident insurance from the rental agency they can also expect to be included personal accident insurance covering the driver and the passengers for medical and ambulance bills as well as personal effects coverage that protects personal items from theft.

Before purchasing the insurance from the rental agency consider these facts that may save you some money. If you rent cars often then it will be cheaper for you to purchase a non-owner insurance coverage that will protect you and your spouse and will most probably include uninsured or underinsured motorist coverage, personal injury protection or PIP, and medical coverage. Check the policy to see if need to buy a collision damage waiver from the rental company to protect the rental vehicle.

Check with your own insurance company to see whether it covers rental car accident insurance. Usually the liability coverage limits that exist on the auto insurance policy owned by you will be effective for rental cars too. Also many credit cards offer coverage. So check whether your card offers this coverage and what the specific terms and conditions are. Find out if you need to sign up to get coverage.

Rental car accident insurance coverage differs from company to company so find out clearly who and what is covered by the auto insurance in the case of a rental car. Many policies may cover only you or you and your spouse. Another important fact is if you are renting a car outside the US your auto insurance policy may not cover loss and damage to the rented vehicle or liability injury. When traveling abroad you may need additional rental car accident insurance.

When deciding where to rent a car find out if the auto rental company includes basic automobile liability and standard comprehensive insurance protection as well as theft insurance as part of the rental at no additional charge.

Before you decide on rental car accident insurance surf the internet and read up on rental car advice as well as auto insurance needs written by experts in the travel and insurance business. This keep you informed of the latest requirements and enable you to find the best policies for the best prices.