Holidays and vacations are for fun and leisure which means all things that cause stress should either be dealt with in advance or postponed if possible. While most things in life can be postponed to later, your protection isn’t something that should be overlooked even when you’re off to another destination away from home.
If you plan on driving a rental car or have made arrangements to use one during your journey, you might have been asked to get insurance for it. While the insurance for your rental car by itself is incredibly beneficial, how much it can cost largely depends on who you get it from and on the duration of it.
Why do you need Rental Auto Insurance?
First, let’s understand the various reasons why purchasing auto insurance for your rental car can be useful to you, in terms of the coverage possibilities:
Loss Damage Waiver (LDW)
This is also called a collision damage waiver by some people and it provides coverage in the scenarios where your rental car is damaged, vandalized, or stolen. It is possible that you may experience these scenarios during a crash or in other circumstances wherein. It might also include the loss of charges that are deducted by the rental car companies for the business they may lose during the period when the respective damaged vehicle is in repair.
Liability Coverage
Commonly, it can be called rental liability insurance which simply serves to provide coverage when you hit another vehicle or cause property damage. It can also, up to a limit, pay for the medical expenses of you and your passengers who are verified to have experienced injuries due to the accident.
Personal Accident Insurance
This type of insurance provides coverage against the medical cost incurred to you and your passengers after you’ve suffered a car crash.
Personal Belongings Coverage
When and if any item belonging to you or your passengers is reported and verified to be stolen from your rental car, this type of rental insurance provides coverage towards the same.
All these coverage types could be provided to you in different packages or you may have to pay separately for each based on the ones you choose to get. Oftentimes, these coverages are sold with the rental car itself.
Benefits of Auto Insurance for Rental Cars
Now that you’re familiar with all the reasons for which you might require it, let’s understand the benefits that you could get upon purchasing auto insurance for your rental car.
- You don’t have to pay a huge sum of money when your car is totaled in an accident, no matter whose fault it was.
- Your car insurance plan belonging to your personal vehicle remains unaffected in case you file a claim with the insurance of your rental car.
- If you’re using a loaner car from a friend or a dealership-provided car, getting insurance for such rental cars can serve to provide you protection in cases of accidents.
- You can simply drive with attention on the road instead of worrying excessively about the speed, the road conditions, the third-party drivers, and so on when you get insurance for your rental car.
Where to Buy Cheap Car Insurance for Rental Car
Finding insurance for your rental car can be difficult when you’re at a remote destination but you can still buy rental car insurance online with Alias Insurance. We can help you find various packages that suit your needs at affordable rates so you can enjoy your vacation without any hassle. Contact us to learn more about insurance for rental cars and get your car insured today!
