The summer season is the time that many of us opt to take a little vacation or travel to see our relatives. If, for whatever reason, you find yourself needing a rental car, it’s important to educate yourself on your rental insurance policy. The last thing you want while you’re on vacation is having to deal with the nightmare of being involved in a car accident. But what’s ever worse is finding out that the coverage you though you had, doesn’t apply.
It’s always best to prepare for the worst, and definitely don’t give the insurance companies the benefit of the doubt when it comes to your coverage. Often times, people will end up paying for additional rental car insurance and find themselves double covered. But more often than not, people make the assumption that they will be covered by their existing auto policy, only to find out otherwise. With rental cars, there are other fees that they will tack on in the event of an accident, such as the “loss of use” fee associated with their loss of income while the car is being repaired. Most standard policies will not cover such fees.
It’s always best to get an actual insurance agent on the phone so you can verify the answers to your questions with a real person as opposed to an automated machine. If you’re able to get an agent on the phone, be sure to write down the answers to the questions to prepare yourself when you hit the rental car checkout. The requirements for insurance coverage will vary by state which is why it’s nice to clarify your policy with someone. If you’re already at your vacation location and don’t have access to a phone, you may want to look to the internet for some answers.