A rental auto insurance policy is a coverage that you must buy before you get a vehicle on lease or rent. Car rental companies do have fleet insurance policies but these might not cover drivers other than those listed on the coverage. Hence, if you plan to get a rental car, you may not be covered for any financial damages that will likely result due to an accident or collision involving the rented car. So, it is desirable to secure protection by way of purchasing separate rental auto insurance cover.
It is possible to buy rental car insurance coverage directly from different top rated companies, credit cards as well as through third party insurers. A typical rental vehicle insurance policy will offer basic or minimum liability coverage for bodily injuries caused to other persons or other person’s property damages that complies with your state’s legal requirements. However, you can purchase additional coverage features for protecting your finances from treatment costs of bodily injuries suffered by you or damages to the leased or rented car because of an accident or collision.get a Free quote
Buying a within budget car rental insurance cover can be a highly challenging and complicated task. It may happen that your regular auto insurance policy covers rental cars as well. You need to check that out prior to exploring various options for insuring a rental car. Insurance for leased or rented vehicles can be purchased at the counters of rental agencies. But you may have to do some advance homework for securing a solution that offers adequate coverage levels at the most affordable price rates. Besides, to save money, it could be better if you follow the below mentioned guidelines.
If your existing auto insurance policy provides minimum liability coverage for rental cars then you may think of buying some additional coverage with expanded limits. Such a move will ensure that you have adequate financial protection against any kind of eventuality.
The following types of coverage features could be part of a rental car insurance USA policy provided by different insurers.
It is popular known as LDW coverage and it pays costs for damages that result from rental car theft, vandalism, fire, rioting or car crash. It may also reimburse financial losses incurred by Rental Company for repair of rented vehicle if it meets with an accident.
Such type of rental car coverage pays costs for treatment of bodily injuries caused to other persons or other persons’ property damages if the insured rented car meets with an accident.
The coverage will pay costs for medical treatment of bodily injuries and fellow passengers in rented car at the time of an accident or crash.
Coverage will pay costs for theft of personal items stolen or damaged while they were inside the rental car.
There are few unique situations which might prompt you to buy the personal rental car insurance from a rental auto company over the counter. Such a prerogative can ensure that your finances are fully protected while driving the rented car on road. Some of these circumstances are as highlighted under: