Rental Car Insruance Coverage

Written by Linda Kay | Sun, Jul 20, 2014

You’re on vacation – ready to get the rental car and hit the road. And then there’s that pesky question about purchasing supplemental insurance. Does your standard auto policy cover rental cars, too? What about your credit card – don’t they provide insurance for rental cars? The “to buy or not to buy” question could stop you cold. Why not ask a few questions before you get to the rental counter?

As a Dean & Draper customer, we invite you to call us if you want to review the coverage of your auto policy. We’re happy to talk with you about your coverage and answer your questions. Contact Us.

In a recent article from PropertyCasualty365 , “8 Facts About Credit Cards and Car Rental Insurance”, Laura Mazzuca Toops provides some great tips and information.

It's summertime, and peak season for vacationers and car rentals. Even though most standard auto insurance policies cover rental cars, roughly 20% of consumers always purchase supplemental coverage when renting a car, and 20% do occasionally, according to a study by Progressive. Why? A study by the National Assn. of Insurance Commissioners finds that 62% of consumers don't think their personal auto insurance automatically covers rentals, and 24% aren't sure whether their credit cards provide any coverage.

Most credit card companies offer some sort of free rental car collision coverage, along with other perks. But what exactly does it cover? A recent report by CardHub examines each major card network’s rental car insurance policy and explains what type of rental car insurance coverage consumers automatically receive through their credit cards, how they can take advantage of it, which credit cards offer the best insurance coverage, and whether any other forms of supplemental insurance are needed.”