You may think of purchasing an best rental car insurance whenever you get a vehicle on lease from a rental company. There could be obvious reason for that as normally, fleet car insurance policies do not cover unlisted drivers. In such a situation, rental car coverage can protect your finances.
It is possible to get auto insurance for rental cars directly from insurers or through third party car insurance providers or as a special benefit with some credit cards. FreeCarInsuranceQuote could assist you in finding the best as well as the cheapest coverage for your rented vehicle within minutes online.
It is worthwhile to buy a separate rental car insurance coverage when leasing a car as most of the car lease companies have fleet insurance policies with Collision Damage Waiver (CDW) or Loss Damage Waiver (CDW) coverage features. However, to get guaranteed financial protection, it could be vital for you to make sure that the coverage limits on your existing personal auto insurance policy are sufficient. If not, it could be better to purchase a rental vehicle insurance cover separately so that your finances are totally protected against any eventuality.
You can buy collision damage waiver feature along with minimum liability coverage as is prescribed by your state’s insurance law. It will definitely help if:
Majority of the auto insurance rental coverage policies have similar types of contents in terms of features and limits. But still, when exploring your options, it could be desirable to check out whether your driving needs are adequately covered or not. If they are not, you can decline such coverage.
Having an auto car rental insurance policy over and above your existing car/home insurance covers can be advantageous in more than one ways as under:
Many of you may think that your existing auto insurance policy also covers rental cars. Nevertheless, it may prove to be a myth as your personal car coverage may only cover your vehicle, not a rented one. And it is advisable to make doubly sure that you enjoy peace of mind on road if going out on with your family on vacation by leasing car from a rental company. There is always a probability that the rented car may meet with an accident and cause as well as get damaged.