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The article has been updated successfully but requires approval before it is published.Last Updated 14th of April, 2010
Do I have car insurance coverage for a rental car if I get in an accident?
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You might assume your car insurance policy will cover a rental car if you are ever in an accident, but this is not always the case. Rental car coverage does not automatically come with all car insurance policies. If another driver is at fault for the accident, their insurance policy may cover your rental car, but there is no way to predict whether other drivers even have auto insurance or how much liability coverage they have. You must specifically add rental reimbursement to your policy if you want this coverage for yourself.
Most auto insurance companies only charge an extra dollar or two per month for rental reimbursement coverage. A rental car for two weeks may cost around $500, so the cost of this coverage is small in comparison. Even if you only have one accident every eight years, the coverage will still pay for itself. And it is much more convenient than waiting for the claim to go through with the other driver’s car insurance company, which may take days. Your own rental reimbursement coverage will be available immediately following an accident. When it comes to car insurance policies, you can never assume what is covered.
Certain types of coverage must be specifically requested when you sign up for the car insurance policy. This is true of rental reimbursement and many other types of coverage. It is important to understand exactly what your car insurance covers at the time you sign up for it.
Most auto insurance companies only charge an extra dollar or two per month for rental reimbursement coverage. A rental car for two weeks may cost around $500, so the cost of this coverage is small in comparison. Even if you only have one accident every eight years, the coverage will still pay for itself. And it is much more convenient than waiting for the claim to go through with the other driver’s car insurance company, which may take days. Your own rental reimbursement coverage will be available immediately following an accident. When it comes to car insurance policies, you can never assume what is covered.
Certain types of coverage must be specifically requested when you sign up for the car insurance policy. This is true of rental reimbursement and many other types of coverage. It is important to understand exactly what your car insurance covers at the time you sign up for it.
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