If you rent a car you need some form of insurance to protect the vehicle and yourself.
Will my insurance pay for my rental car. For example many policies will reimburse you 30 a day for a rental. CDW or LDW is not an insurance policy by signing the agreement youre paying the car rental agency to waive its right to pursue you for damages or losses. To get this coverage you need to use the credit card to reserve and pay for the rental vehicle.
If not and you were not at fault in the accident the other drivers insurance may pay for a rental car for you. Rental car reimbursement is an affordable add-on to your insurance policy. Without it you would have to pay for any damage out of pocket above basic protection.
Yes but many credit cards insure the rental car for CDW and LDW. Rental car insurance could cost you an extra 35-40 a day for all the different coverages nearly doubling the price of the rental car. Other times they might be slow to claim liability in which case you may have to pay for the rental car yourself or through your own policys rental reimbursement coverage if you have it and pursue reimbursement later.
However your liability insurance will not pay for the damage you do to the rental car that will require different coverage. Typically insurance companies will pay for your rental car for the period of time your car is being repaired or if your vehicle is a total loss for 72 hours after they make an offer of settlement to you for your vehicle. There may be additional fees from the rental car company for the loss of use of their vehicle that your credit card wont cover.
If your own insurance company pays for the rental they will reimburse you for the daily amount provided in your policy. Rental reimbursement coverage will help you pay for a rental car as part of a covered auto insurance claim. If you dont have a vehicle you can get it from the rental company or your.
Your own insurance does not fully cover the rental car. 9 to 30 per day. You do not want to be taken to court and have a lien placed on your house in order to pay for rental car damage.