Do You Need Rental Car Insurance?

rental-car-insurance1Rental car insurance can have specific benefits for the renter. It can provide you with the peace of mind that comes with knowing that you are covered in the event of any kind of auto incident. It can help you avoid the sometimes complicated dealings required in an incident that occurs overseas or when multiple agencies or businesses are involved in clearing up an accident. Most of the time though, rental car insurance is secondary in usefulness to your own insurance policy and it may be extremely expensive for what it is.

Rental car companies owe a significant portion to their sales of rental car insurance. Many of these companies offer multiple and diverse insurance packages to their customers in order to cover the remote possibility of damage or expense. For an infrequent traveler, the peace of mind can be worth it. A savvy traveler knows to check the coverage offered by their regular insurance instead. Often they will find that it is worth the effort in savings as well as the ever-elusive peace of mind. In addition to the insurance you normally carry, some credit card companies offer limited insurance protection as well. This can come with some very specific rules for claiming coverage, but can also be useful in a pinch. Ultimately the answer to whether you need rental car insurance is, it depends. Know your current coverage first and then go with your gut.

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