You might be tempted not to get the rental car insurance provided at the rental counter. However, it is vital to ensure you’ve got some type of vehicle rental insurance coverage first. If you ever find yourself in a situation where you’ve got to file an insurance claim on a rental car, the policy can be the difference between being accountable for expensive repairs or just talking to your insurance company.
For those who don’t know, you aren’t required to get rental car insurance from the rental car firm. On a lot of occasions, your personal car insurance policy can include rental cars if you have one. With this, you’ll be able to decline the costly insurance offered at the counter and save money.
However, do you really need a rental car insurance Fort Wayne Indiana? Let’s find out.
Examine Your Health Insurance Coverage
Usually, your coverage will pay the medical expenses for you and your passengers if you are in an accident with a rental car if you’ve got enough health insurance. This is particularly true if you’ve also got a personal injury and/or medical payments protection via your normal car insurance. If you are hurt in a rental car crash, personal accident insurance covers medical expenses for you and your passengers if your health insurance policy does not cover this.
Examine Your Car Insurance Coverage
You might already be covered under your daily driver’s coverage if you are like almost every person. Check the limits and types of your personal car insurance coverage to know if it includes any type of collision damage waiver or loss damage waiver for rental cars.
Do You Have Personal Injury Protection?
You should examine if your car insurance coverage includes personal injury protection that will pay the medical bills for you and your passengers in a vehicular accident where you are accountable.
Do You Have Collision and Comprehensive Coverage?
A couple of individuals have collision and comprehensive coverage. This is particularly true if they’ve got old vehicles. Collision coverage helps pay for damage to the car from a crash. It does not matter what the cause is. Comprehensive coverage protects your car against non-driving-related emergencies such as vandalism, fire, or theft. A lot of individuals drop these expensive policies if they have a high-mileage and aging car. You might think about declining the loss damage waiver of the rental company if you’ve got collision and comprehensive policy.
Do You Have Enough Liability Insurance?
Almost every standard coverage has a liability policy. Typically, this is needed by state law and helps pay for other’s property damage and medical expenses whenever you are responsible for the crash. Usually, this liability coverage carries over whenever you are driving a rental car. Thus, you can typically pass on supplemental liability if you are comfortable with the coverage level you’ve got. A couple of personal car insurance coverages might have supplemental liability coverage to cover any damage caused by you while you are using the rental vehicle. This liability might also pay for medical costs.