It should not be confused with rental reimbursement coverage, which is a supplement to the car insurance policy that offers reimbursement for a car rental in the event that the car is repaired due to a covered loss or accident. Rental car insurance is insurance that covers you when you rent a vehicle directly from a car rental company, such as Enterprise Rent-A-Car. When you rent a car at the airport or another car rental agency, you will be asked if you want to add insurance to your rental or if you want to exempt it from insurance. GAP insurance is purchased from insurance companies, while dealers and financial companies offer GAP exemptions.
The California Low-Cost Auto Insurance Program (CLCA) offers affordable car insurance to good drivers and new drivers who meet income requirements. Read on to learn some basic facts about rental car insurance and whether or not you need additional coverage beyond your personal auto insurance policy. Teens are charged the highest car insurance rates of all age groups, because they have the highest accident rates. The first step is to review your car insurance policy or contact your provider to see what type of rental vehicle coverage is already included in your personal auto insurance policy.
Since rental car insurance isn't something most of us deal with on a daily basis, it's easy to get confused or overwhelmed when presented with the option of this type of coverage. If you can't afford car insurance premiums, you could qualify for California's low-cost auto insurance program, which has several payment plans and has no brokerage fees. Full-coverage car insurance includes liability limits that exceed the state's minimum requirements, as well as collision coverage and comprehensive coverage. I've been told that Geico's personal insurance doesn't cover rental cars if the rental lasts more than 30 consecutive days.
CSAA and GEICO offer the cheapest car insurance to California drivers with a previous fine or accident, while Mercury and GEICO offer the cheapest rates to drivers with a DUI. For example, if you are responsible for 25% of a car accident, the driver who is primarily at fault may only have to cover 75% of your medical and car repair bills. See NerdWallet's guide to state car insurance requirements for more details on how the mandatory and optional parts of your California policy work.
