Rental Car Insurance: Double Covered?

rental-car-insuranceWhen you go to the rental car counter, you will be asked many questions; what rental tier would you like, how long will you have it for, is this local or one way, etc., but the question a large number of us say yes to when we don’t have to is; do you want to purchase insurance on your rental. Generally your standard insurance will not only cover the vehicle against accidents, they also protect against theft of the vehicle.

If you’re planning on renting a vehicle, it might be a good idea to check with not only your insurance agent but also your credit card company. Credit card companies often have coverage for a rental vehicle rented using their card.

If you do find that your standard insurance policy doesn’t include insurance of a rental vehicle, you will want to know exactly what your coverage is through the rental company. There are many different policy options that could add up to forty dollars a day. This is a very popular way for rental car companies to make extra money on each rental. Liability insurance is the most common of all insurances charged by rental companies that for the most part are completely unnecessary.

If you’re standing at the counter to rent a vehicle, don’t allow yourself to feel pressured into buying what you don’t understand, just because there are people waiting behind you. Make sure you know exactly what you are buying and whether or not you truly need to buy it.

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