Personal auto policies that extend collision coverage to a rental car
may only provide a coverage limit equal to the value of your own
vehicle. If the value of your personal vehicle is less than that of the
rental vehicle, you who is the cheapest car insurance could still incur some damage responsibility.
Typically, for credit card insurance to work, the rental car has to be
paid in full with that credit card, and you must decline the rental
company's collision waiver, and be the primary renter of the car
(although additional authorized drivers are also covered).
On a business
trip - Some personal auto policies might not cover rentals on business
trips. Most insurance companies DO NOT cover any automobile use that
involves delivery for business purposes of food, materials, supplies,
papers or people.
an alternative is to buy a floating policy under home or renters
insurance so valuable items are fully protected wherever you go
costs $1-4 a day
costs $1-5 a day
covers medical and cheapest car insurance in houston ambulance bills for anyone in the car
covers theft of items in vehicle
you probably don't need this if you have an existing car insurance
policy, or if you (and everyone else in the car) has adequate health
insurance coverage
Know the limitations of your own car insurance.
Personal accident insurance
If you don't have collision and comprehensive insurance of your own,
it's generally a good idea to buy a waiver. There are different levels,
dictating how much your responsible for (none of the damage, damage in
excess of $500 or $3000, etc.
cheapest cars to insure for young drivers can be voided if you were driving illegally or on unpaved roads
costs up to $19/day
covers for "loss of use". Loss of use is a fee that is charged by the
rental company if your rental car is damaged and is sent out for repair.
You would be billed a loss-of-use fee for all damages and repair to the
rental car as well as a fee for every day that the vehicle was not able
to be rented. cheapest michigan car insurance That can add up! A loss-of-use fee is not normally
covered by personal auto insurance policies.
shifts liability for collision damage from you to the car rental company
Ask about the requirements for getting reimbursed. For example, you may
not be reimbursed if you don't notify the credit card company within a
certain period of time (e.g. 45 days) after the incident.