Need rental car insurance for added protection? That’s a smart move.
However, it’s more than likely that your current vehicle insurance policy does not include rental car insurance. Meaning that when you get behind the wheel of your temporary car, you are not protected.
There’s good news though—you have several options when choosing what rental car insurance to protect yourself with. And some are much, much better than others.
Rental Car Insurance: Do You Take it from the Rental Agency?
When you pick up your rental car, you’ll no doubt hear this question: “Do you wantrental car insurance coverage?”
At first this seems an easy solution to your problem: You’re already at the agency, and they know all the details about the car that’s being insured. However, taking it over the counter could have you overpaying a substantial amount to protect your rental car. And what’s more, if you have vehicle insurance the rental agency’s coverage can sometimes duplicate your existing policy, giving you no more protection than if you had refused it.
All in all, taking rental car insurance coverage from the rental agency can be hard on your wallet. But if you know what you’re getting into beforehand, you can avoid paying the high price.
Credit Card Coverage: Is It Needed?
Sometimes you can take advantage of additional coverage if you pay for rental car insurance coverage using a certain credit card. This credit card coverage may help you pay for deductibles or extra damages. But “additional” means this coverage won’t kick in until your other policy does. So even if your credit card does offer this coverage, you still need to have a primary rental car insurance coverage policy.
You May Already Have Rental Car Insurance
Regardless of the offerings at the rental agency, or the possible coverage from your credit card, you have one final option for finding a rental car policy. All you have to do is know the ins and outs of your current vehicle insurance policy:
Does it have comprehensive and collision coverage?
Do you have liability protection?
Are your personal belongings covered?
You may already have sufficient coverage. But you won’t know until you find out. Be sure to contact your current insurance agent and find out if your policy has rental coverage. With luck, you’ll already have all the car rental insurance you’ll need!