Facts About Car Rental Insurance

ByNelson McWilliams

Whether renting a car for business or for pleasure, the last thing anybody wants to have to worry about paying for damages to a rental vehicle should it happen. For this reason, there is car insurance to cover drivers who are operating a rental vehicle. Many people opt out of purchasing car insurance because they feel it is an unnecessary expense. The truth is, without car insurance a person could be liable for a lot more money than what the cost of car insurance would be if he or she were to sustain damage to a rental vehicle.

A common misconception among many people who rent a vehicle is that their personal auto insurance policy will cover them for rental vehicles as well. This is not always the case. Some personal auto insurance plans will cover a driver when he or she rents a vehicle but this is not the norm. A person should always consult his or her insurance policy or speak to his or her insurance agent to help determine if rental cars are covered on the personal auto insurance policy. If rental vehicles are not covered by the personal auto insurance policy, then the renter has a responsibility to secure rental insurance.

Car insurance can be purchased directly from the rental company. Many rental companies offer different insurance coverage plans to meet the individual needs of the renter. The car rental insurance premium is calculated by a daily rate and in some cases a weekly rate if a person is planning an extended rental period. The premium amount is added to the rental fees and paid for all together. A renter would have to opt for and purchase car rental insurance at the time of rental. It cannot be added at a later time. This alleviates the possibility of insurance fraud.

Purchasing car insurance is not always necessary when renting a vehicle. Some major credit card companies offer cardholders perks such as car rental insurance just for being a member. To be eligible for car rental insurance through a credit card company, that exact card will have to be used to secure the rental. Not all credit card companies offer this perk to its members. A person should always call and consult with an agent from his or her credit card company to determine if he or she has this coverage and what the eligibility requirements are to take advantage of this perk.

Despite the concerns of many individuals, car insurance is a solid investment. The cost for car rental insurance is far in comparison to the costs a person would endure if he or she would have to pay for damages out of pocket. Car rental companies always offer car rental insurance as an option at the time of rental. Some people may qualify for coverage either through their personal auto insurance or through their credit card company. They should always consult their insurance agent or credit card company to ensure they have coverage.

Find the most competitive online insurance quotes at http://www.youronlineinsuranceagent.com

Article Source:http://EzineArticles.com/?expert=Nelson_McWilliams

Did you find this article helpful?00Get Involved0 commentsSuggest a topicArticle ToolsPrint this articleE-mail to a friendEzinePublisherReport this articleCite this articleStay InformedGet notified by email when new articles are added to this category or written by this author.Subscribe to New Article Alerts:

Insurance: Car-Auto
Nelson McWilliams

Email Address:SubscribeCar Auto Article FeedFind More ArticlesSearchSimilar ArticlesCar Rental Online - Save Money by Booking AheadUsing Online Insurers For Better RatesHow to Avoid Hidden Costs on Your Next Car Rental in SpainCar Rental Liability Insurance - Do You Need One?How to Save Money on Car RentalsCompare Car Rental Online - Without Losing Your Shirt!Car Rental in EuropeAvoid A Car Rental NightmareWhat Are the Best Car Rental Providers in Australia?Car Rental Places - Locating a Good Airport Car Rental ServiceRecent ArticlesHow To Choose The Best Car Insurance DealRental Car InsuranceIn Depth Look: Pay As You DriveHigh Risk Car Insurance TipsAuto Insurance Laws And RequirementsLiability Insurance And Financial ResponsibilityThe Best Motor Trade Insurance Policies Are Up for Grabs Right Now!How to Get Cheap Auto InsuranceArizona Car Insurance - A Good Deal Isn't Hard to FindStaged Auto Accidents and Insurance FraudSubmitted On March 02, 2012. Viewed 3 times. Word count: 498.

MLA Style Citation:
McWilliams, Nelson".".2 Mar. 2012EzineArticles.com.4 Mar. 2012 .APA Style Citation:
McWilliams, N. (2012, March 2). . Retrieved March 4, 2012, from http://ezinearticles.com/?Facts-­About-­Car-­Rental-­Insurance&id=6915504Chicago Style Citation:
McWilliams, Nelson "." EzineArticles.com. http://ezinearticles.com/?Facts-­About-­Car-­Rental-­Insurance&id=6915504EzineArticles.com© 2012 EzineArticles.com
All Rights Reserved Worldwide

About UsFAQContact UsMember BenefitsPrivacy PolicyShopSite MapBlogTrainingVideo ArchiveAdvertisingAffiliatesCartoonsAuthorsSubmit ArticlesMembers LoginPremium MembershipExpert AuthorsEndorsementsEditorial GuidelinesTerms of ServicePublishersFollow UsTerms Of ServiceEzines / Email AlertsManage SubscriptionsEzineArticles RSS

View the Original article