There are three main ways to insure a rental car: Your existing car insurance, paying with your credit card, and purchasing insurance through the rental company. Of these, using your existing coverage is probably the least expensive way to go, and youâ€™ll enjoy the same coverage you have already gotten accustomed to.
If the rental agency insists that you purchase coverage from them, you can buy the bare minimum and then use your own insurance to pick up any differences if a claim has to be made. Do not be fooled into thinking your own car insurance is useless because most insurance companies will extend your car coverage to any rental you need to get, based on the fact that you can only drive one car at a time and that a rental probably means your own car is not sufficient or available for the task at hand.
Collision coverage almost always goes with you, no matter what you are driving, but it is best to check with your insurance company to be certain. You will still be responsible for paying the deductible before the collision insurance goes into effect, but you can still save thousands of dollars if you are forced to file a claim while driving a rental.
Comprehensive coverage, like collision insurance, can be applied to a rental car when needed. Certain exclusions may apply, and some claims will be difficult to provide proof for, such as getting a cracked windshield replaced, but youâ€™ll be covered against major costs like the rental being stolen while you are a thousand miles from home.
If your current insurance policy does not extend to rented vehicles, it may be time to visit an online insurance quote site and look for a policy that gives you more of what you need. Just fill out the form to get your custom quote, and then compare prices on identical coverage between several leading insurance providers.