Should You Buy Insurance on a Rental Car?

Car Insurance in Brandon, FL |

When you are traveling and need a car, you’ll find that car rental agencies offer renters the opportunity to buy their loss damage waivers, which limit or eliminate the financial liability for damage to a rental the specific car rental company.

Many personal auto insurance policies do provide collision coverage for rental cars. However, a number of rental companies today have begun to charge customers for diminished value and administrative charges if their rental vehicle is in an accident. Remember these tips when you are deciding whether or not to insure yourself while renting a car include:

  • Credit Card Coverage: Not all credit cards offer the same kind of coverage, for example, one company may cover the use of certain SUVs while another one doesn’t. Some have limits on the number of days covered.
  • Collision Damages: Some car rental agencies through which you buy your insurance may waive fees for damages, loss of use, or any other necessary fees.
  • Paying Upfront Costs: It is often required to pay the full amount of the rental on the credit card you use for insurance coverage, which means you may also have to pay the damages upfront to the car rental agency. It is possible to file a claim after the accident, but if there are any problems, your credit score could be negatively impacted.

Buy car insurance in Brandon, FL, from All Star Insurance for your next car rental. You always want to be insured, and we provide you with peace of mind and make it easy for you to stay safe.