Is Rental Car Insurance Coverage Necessary?Am already covered by my personal auto insurance for the rental car?
Doesn't my Credit Card offer rental car insurance coverage?
These are some of the most common questions asked by car renters. Rental car insurance rates are expensive! It sometimes costs more per day than the rate on the rental vehicle itself! When they get to the rental counter, many renters are unsure about what to do when it comes to accepting or declining an agency's coverages and waivers. Most of the indecision comes from not knowing what their personal or business auto insurance covers while they are renting a vehicle. Many people assume that they have auto insurance for a rental car through their credit card. The renter of a car is fully responsible for any loss (theft) of the vehicle as well as any damage that occurs to the vehicle during your rental period. I have tried to provide information and tips on each area of car rental insurance, either using your own or purchasing coverage from the rental companies, in each of the following links. Before you purchase car rental insurance (or decline it), you should first check
If you are currently looking for insurance coverage for your personal vehicle and would like more info, then visit www.auto-insurance-knowledge.com If you've decided that your existing coverage is not fully adequate, you'll be faced with a variety of products to purchase. Here are the basic types of optional auto rental insurance coverage, and waivers, that are offered by most major car rental companies.
SLI (supplemental liability insurance) or ALI (Additional Liability Insurance)
The bottom line is check into everything!!If you don’t need to purchase the optional coverages you will certainly save money, but only if you are truly covered.
|
