Can My Personal Auto Policy Cover Rental Cars?

Do you need insurance through rental car companies?

When you rent a car, you will be given the option to secure auto coverage through the rental company.  Many drivers end up securing this coverage because they’d rather be safe than sorry.  However, taking this step might be a waste of money.  Here’s what you need to know about your personal auto policy and applying your coverage to rental cars.

Rental Car Insurance

There are four standard types of insurance options that car rental companies will offer.  They are:

1) Collision Damage Waiver- This type is insurance will ensure that the rental company will not hold you financially responsible if the car you have rented is damaged or stolen.

2) Supplemental Liability Protection- If you get into an accident, then purchasing this type of insurance will ensure that you are covered for the damages and injuries you might have caused to another party.

3) Personal Accident Coverage- This type of coverage will cover your injuries or death, or the injuries or death of the passengers in your rental car.

4) Personal Effects Coverage- This type of coverage will reimburse you for any personal items that are stolen out of your rental car.

Personal Auto Coverages

It’s probable that your existing auto policy offers some of the same coverages as the rental company.  For instance, most standard auto policies provide liability coverage that extends to cover rental cars.  Some policies might even offer collision, comprehensive, and medical payments coverage that applies to rentals.  However, it’s important to keep in mind that coverage differs from policy to policy.  So, make sure you contact your auto insurance provider to learn about the extent of your coverages.  If you find out that your policy doesn’t offer the protection you need, then you should consider getting coverage through the rental car company.

This is what you need to know about insuring rental cars.  Do you have further questions about your auto insurance?  If so, then contact the experts at Pierce Insurance Group.  We are ready to assist you with all your car coverage needs today.