Will my Insurance Coverage Pay for a Rental Car?

If you have been in an accident that damages your vehicle, then you may be left without a car to get to and from work or school. When this happens, one of your alternatives is to get a rental car. These vehicles can be expensive, especially when you need them for a long time, so you may be wondering if your insurance coverage will actually pay for a rental car. Although you may automatically assume that the answer to this is yes, this is not always the case.

The answer to whether or not you're going to get rental car coverage paid for by your insurer depends on the kind of policy that you have selected. When you sign up for car insurance, you have the option of adding some extras to your policy. One of these extras is rental car coverage. If you add this expense to your monthly premium, then your insurance company will help you to pay for your rental car after an accident occurs. If you didn't sign up for this when you got your policy, then the odds are that you won't be covered.

Consider Your Needs

If you do want to ensure that you will always have a vehicle at your disposal, then you should consider adding rental car coverage to your car insurance policy. A lot of times, this type of coverage will be included on an insurance quote, and you actually have to make an effort to remove it from your policy before you agree to it. Before you do remove this coverage, though, it's a good idea for you to actually consider your needs and see if it makes sense.

Adding some rental car coverage to your policy is going to cost you more every month. If the chances of you using this type of coverage are very high, then it will probably make a lot of sense to add it when you sign up. However, you need to assess your personal situation first. For example, you need to think about whether your family has a second car that you could use in the event of an accident. If you do, then you won't really need to pursue this type of coverage for your auto insurance policy.

Find Your Rental Coverage

If you don't have a second car to use, then you really need to think about getting some rental car coverage. It can cost you a ton of money to rent one of these vehicles on your own, especially if you need it for several weeks while your vehicle is repaired. As such, it may just be in your best interest to get some. Talk to your provider and see how much this coverage will cost you each month. You may discover that this extra cost each month is actually worth it, as it could save you hundreds of dollars in the end.

Whether your insurance company will pay for a rental car or not is totally up to you. If you're not sure what your current policy actually covers, it's a good idea to go and find it or try to speak with your agent. If you discover that you don't have the coverage and would like to add it to your existing policy, then get some quotes for this. You can change just how much rental car coverage you would like to add to your policy, and this could end up lowering or raising your monthly premiums by a significant amount.

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