subject: Proper Coverage Applies To Car Rentals Too [print this page] Car rental insurance is perhaps one of the biggest issues that you face when you are renting a vehicle and there are differing schools of thought on this particular subject. While many people think that you must take this additional insurance there are others who believe that it truly does you no good. So which is it?
The real answer is, you might need the extra insurance. If your insurance policy and/or credit care insurance will cover any accidents, most people would think that is good enough and not give declining the extra insurance a second thought. The other side to all this reasoning, is that any damage might exceed the limits of your insurers, thus making you liable for any amounts above and beyond those limits. You will be insured, however it might be enough to cover all loses.
If your personal car insurance situation is none or very at the minimal level of coverage, it is probably a wise and safe decision to purchase the additional rental insurance; just for the peace of mind it will bring, should there be a need for any damage coverage. This really is a good complete way to ensure that you are protected against any unplanned damage, regardless of who is at fault.
Of course it is important to realize that car rental agents will make it seem like you need to take this extra insurance and that is very simply because this is an area in which the car rental agency makes a significant profit and at $50 per day for this insurance, which is the going rate for their insurance policies. It is important to know the facts before you get to the rental counter.
Why would anyone think that car rental insurance is any different than your personal car insurance policy? In most all policies there is the expectation of the policy holders paying a deductible. This shouldn't surprise anyone. The same amount of liability applies to rental as well as personal vehicles that are insured. To be on the safe side, just make sure you are protected with the best policy you can afford, just in case something happens unexpectedly.
by: Jason Hall
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