Getting Rental Car Insurance Coverage: Some Useful Advice
Something a lot of people don’t think about when renting a car is the car insurance they will need to get. Many people choose the wrong rental car insurance for what they actually require. Others choose more than what they need, or just do not get not enough coverage.
Rental car insurance should be thought about and decided on beforehand, so you’re not pressured into a last minute decision. The aim of this article is to help you prepare yourself when renting your next car so that you know ahead of time what to do about your rental car’s insurance.
Before attempting to rent a car, it is important to mention that some states have a minimum age requirement for renting a car, which is ranges between 21 and 25. Also, some companies check a potential renter’s driving record or credit history before they allow him to rent a car.
Perhaps you don’t need to buy insurance…
Before buying rental car insurance, there are two things you can check, as you may not need to purchase one after all.
First, check your personal car insurance plan (assuming you have one) and find out whether the coverage and deductibles apply if you rent a car. In most cases, it would. If there’s any doubt in your mind, we suggest calling your insurance company and finding out. Note that the type of car insurance you have may affect the rental car as well, i.e., if you don’t have comprehensive or collision car insurance, don’t expect to be covered if your rental car is stolen.
Second, many credit cards offer insurance benefits. Normally these only cover damage or loss of the rented car, and not for other cars (in case you are involved in a car accident and it is your fault). Furthermore, there may not be personal liability for bodily damage. However, this may be sufficient to your purposes. Again, if there’s any doubt – call your credit card company and find out. If you have more than one credit card, you should call each one to find out the insurance benefits they offer.
Note that if you decide to use this benefit as your rental car insurance, ask the credit card company to send their coverage information in writing.