How does Rental Vehicle Coverage help you.

Do you need to buy insurance for rental car. Although car rental insurance policies can carry great coverage the truth of the matter is that you dont usually need additional car rental insurance. Often times people end up buying supplemental insurance protection that they really dont need said Odysseas Papadimitriou CEO of credit card. At the car rental counter when asked if they want insurance for their rental car many travelers say no Thats usually because the optional collision damage waiver can.

Even though numerous financial experts advise against purchasing a rental agencys insurance there is no simple answer. Why you might not have to buy extra rental car insurance. Rental Vehicle coverage gives you and your rented vehicle great protection at a very affordable rate.

Thats because liability coverage for all drivers is required by law in most states. Those fees are waived if you purchase the rental companys collision damage waiver which is not so much insurance as it is an agreement between renter and the company that says if. If you dont currently have insurance youll need to at least buy liability coverage from the rental company before you hit the road.

A common question for drivers who are traveling is whether they need to purchase additional car insurance for their rental cars. Many rental vehicle companies offer insurance to their customers but its often much more expensive than what we offer and it may not cover as much. However other options for rental car insurance coverage may be more affordable or more comprehensive.

In most states that dont regulate price youre looking at 20 or more per day added to your bill. However if you need extra coverage for your rental car for a lower price you can purchase additional coverage by adding an annual endorsement to your existing insurance policy. Valuable protection for you and your rented vehicle.

You could have varying degrees of rental car insurance coverage from your personal car insurance policy your travel credit card your cashback credit card and even your home or tenants insurance. Youll get covered but its not cheap. Often no additional car insurance coverage is necessary because your rental car is already covered by either your credit card or current insurance coverage.