Many things come with renting a car. You need to think about the type of car, how long you need it, and the rental costs, among other things. Matters concerning rental car insurance can be somewhat tricky for reasons unknown. Should the rental company provide insurance, or is it your responsibility? It is always advisable to ensure that you are responsible for your safety, which at times means that you should pay for your insurance. That said, here are some frequently asked questions about car rental insurance.
Why Do I Need Rental Car Insurance?
This is a common concern among first-time car renters. Others have rented cars before and do not find rental insurance feasible. If the rental company does not offer customers insurance, they need insurance cover for collisions, damages to the rental car, and losses. Having rental car insurance saves you from worrying about deductibles or paying higher premiums for your car’s insurance in the case of an accident.
What is Liability Insurance?
Most countries require all cars on their roads to have liability insurance. Also known as the third-party insurance policy, this auto insurance policy is designed to cater to the other person’s medical expenses. Ideally, you should always have two main types of liability: body injury and property damage liability. Car renters are advised to have these liability policies.
Does Rental Car Insurance Cover Other Drivers?
Yes. Most rental car insurance policies cover other drivers. Ideally, most car rentals would require the person driving should have a valid driving license and meet the rental agreement. But it is always a good idea that you look at the fine print for more clarity. For the avoidance of doubt, seek clarification from the company’s representatives at the time of pickup.
What Should I Do When Involved in an Accident?
You should always be aware that anyone on the road could be involved in an accident. So if you are involved in an accident, make sure you notify the rental company as soon as possible. If you have rental car insurance, you might also be expected to reach out to the insurance company and any other entity required to be notified.
