Wednesday, March 2, 2011

Should I Purchase That Extra Rental Car Insurance?

Depends on the carrier, if your insurance agent is Jason Shroot, your auto policy typically will pay for the damage to the car (or other damages that you're liable for) with a active auto policy in California with at least liability coverage, not to exceed the limits on your policy.


Great news right!? Yes & No.

Typically an insurance company will not not pay for loss of use either declared by the rental car company. Loss of use is when the rental car is unable to be rented for the time of repairs...

Also, Depreciated Value is also a new charge Rental car companies are surcharging against their customers that usually isn't included on an insurance policy.

What Is Recommend...

If the car is being rented for a day or two, purchase the Insurance! Its worth the extra cost!

If you're renting for an extended period of time, or weeks it may be worth considering waiving the insurance (weigh the pros and cons). Usually the cost of the insurance is as much as the rental. The location may have a determining factor as well, if you renting a car in a heavy traffic area, it may be advisable to purchase the insurance through the company.

ALWAYS Inspect The Rental Car! Walko around the car a minimum of two times and look at ever panel, bumper, door and especially the windshield. ALWAYS inspect and get a copy of the inspection in hand prior to leaving the rental lot. Customers have taken photos of the rental before leaving, and have gone back to request a car without damage (perhaps ask for this while at the counter).

For more Information on Rental Car Insurance Or A FREE AUTO Insurance Quote Please Contact Jason Shroot @ 714-988-3325 or Jason@diversifiedinsurancequotes.com