Travel Auto InsuranceWhat You Need to Know
If you are planning on renting a car during your vacation this holiday season, it is important that you are completely informed about rental auto insurance coverage. Many people do not know enough about rental car insurance, which causes them to spend too much or too little on coverage. Here is a look at the various factors that determine the amount and type of rental insurance coverage you need.
Your Current Auto Insurance Coverage
it is important to contact your current car insurance provider to check on the details of your policy. Many car insurance policies have terms that extend to car rentals. As long as you are driving the rental car for personal use, the deductibles and limits that you have on your regular coverage may also apply to a rental car. Get this checked out, because you do not want to end up unnecessarily paying for rental car insurance.
if you are paying for the rental car with your credit card, call your company and see if they have any deals/promotions related to renting cars. Often times you will find that top credit card companies offer certain perks and discounts on rental cars and rental car insurance.
Over the Counter Auto Insurance California Options
When you rent a car in California and you know that you need to get rental car insurance, there are four main over the counter auto insurance California options for you:
• The first option is a “loss-damage waiver”, which will cost you $9 to $20 a day. This waives any charges if the car is damaged or stolen.
• Liability coverage will protect you from any lawsuits related to a car accident, and costs $7 to $15 a day.
• Personal auto accident insurance coverage will cost $1 to $5 a day, and covers all medical costs that you may incur from injuries sustained in an accident.
• The last option is personal effects coverage, which insures any item that is placed in the rental car. This costs $1 to $4 a day.
Each of these options can be crucial to your coverage, but only get them if you know that you are not currently covered through your regular insurance. The last thing you want is to be paying an extra $5 to $10 a day for coverage that you already have.
Rental auto insurance is a must if you do not have regular car insurance, or if you are renting a car in a different country to where you normally live.
Disclaimer: This is for information purposes only and NOT a recommendation from Mills Insurance. Please contact a licensed insurance agent specialist to discuss insurance coverage’s and laws.
Mills Insurance Services, Inc. A nationwide insurance company is at your service for the following insurance needs:
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