Insurance
Rental Car Insurance
The moment at the rental desk when the agent asks if you would like to buy insurance for the car can be an anxiety ridden one. You may have heard the common advice that the extra insurance charges are a rip-off and should never be bought.
Car insurance whenever you get behind the wheel is mandatory. The question when it comes to rental cars is whether or not you have the offered coverage already. Many credit cards will provide rental car insurance provided you use their card to rent the car. A simple call to your credit card company will tell you if you have this coverage. Be sure to understand the extent of what your credit card rental car coverage will cover should you get in an accident. Is there a deductible? Will they cover lost revenue claimed by the rental company?
Rental car insurance is also available through your personal auto insurance policy. If you can’t remember your coverage, call your insurance company and see if you are covered. Something to consider if you are using your own insurance is that an accident must be claimed and can result in an increase in your monthly rate.
Finally, choosing the rental car company's insurance can be more costly but will alleviate any issues you may have with your own insurance coverage. The bottom line is you need to be covered.
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