A rental car service is very convenient for most people because they provide you with a reliable car if you ever need one in case of an emergency or if your car is being repaired. The rental process is very straight forward and simple; all you have to do is pay a rental fee and you are able to take that car wherever you need to take it. There is only one serious consideration - do you really need car rental insurance? But what if you get into an accident in a rental car and you didn’t buy their insurance? Then what happens? Here’s a great video from MetaCafe that discusses car rental insurance in detail:
Car Rental Tip #3 - Rental Insurance - Click here for more amazing videos
Insurance options
There are a couple of different options available to you when it comes to car rental insurance. First of all, your own insurance that you already are paying for may cover you in a rental car. The best way to determine this is to consult with your insurance company about your policy and inquire whether or not it allows you to be insured in a rental car.
The second option is to take the insurance through the rental car company, this way you are covered in case you’re involved in an accident. The other option is obviously to not take the car rental insurance, if this is the case it’s highly recommended to make sure you look at your insurance company’s policy very carefully. You don’t want to pay for insurance through the rental car company if you don’t have to. You would be amazed how many people think they have to purchase the rental car company’s insurance and the company may not say anything to them about it. If the customer says they want it, then the rental car company is going to give it to them. This is despite whether they really need it or not.
However, there is good news that help simplify this issue; you don’t have to worry about being in a car accident without having insurance. This is because you have to provide proof of insurance to the rental car company in order to rent a car. If you don’t have insurance, then you are required to purchase their insurance. They will not let you take one of their cars off of the lot unless you have insurance. This is because they can be held liable if something happens that you’re in an accident in their car. They don’t want to have to pay out thousands of dollars in medical bills or be sued because you were driving one of their cars without any insurance. So remember to do your research and find out from your insurance provider if you are covered or not before you consider purchasing car rental insurance from a car rental provider!
