Does Your Car Insurance Cover Rental Cars?

Typically, car rental companies will offer pricy insurance coverage at the rental counter, leaving many drivers wondering whether it’s actually necessary to purchase this coverage. Many people go ahead and just buy it, figuring it’s better to be safe than sorry. After all, no one wants to get pulled over or get in an accident and find out they’re not covered—and since renting a car usually comes right on the heels of a long airplane flight or a car accident, most people are just ready to get through the process as quickly as they can.

But in most cases, rental car insurance in Tampa, FL isn’t necessary, and your existing policy covers rentals as well. Read on to find out more about insurance while you’re renting a car.

Check your policy

Before you go rent a car, check your existing policy. This is a smart move, as it may specify that rentals are covered as well. If that’s the case, then there’s no reason to purchase expensive duplicate insurance at the rental car desk.

How do I know if my policy covers rentals?

Most comprehensive and liability plans for personal vehicles cover rental cars as well. This extends across the United States, but wouldn’t apply to rentals in other countries. In most cases, your insurance policy will be valid so long as the rental is of a similar value to your personal car. If, say, you rented a pricy sports car but usually drive a 2002 Chevrolet Aveo, then purchasing extra coverage from the rental company could be a good idea.

What does rental car insurance cover?

If it doesn’t appear that your auto insurance will cover your rental, then you will want to purchase extra coverage. Most rental car companies’ policies are similar, but it’s a good idea to do some research before you show up at the rental counter. Typically, rental car insurance covers:

  • Damage to personal items
  • Collision damage waiver
  • Liability coverage
  • Personal accident insurance

How much does rental car insurance cost?

You should expect to spend from $10 to $30 a day on rental car insurance. If you’re renting the car for more than a couple days, this can add up fast. That’s why it’s a smart idea to check your existing policy or call your insurance company to find out if this extra coverage is even necessary.

For example, liability coverage is required in almost every state, so it’s likely that you won’t need it at all. Personal items are likely covered under your renters or homeowners insurance as well.

While you’re looking for rental car coverage in Tampa, FL, you may want to investigate lowering your monthly premiums. Cheap Car Insurance Guru is here with low prices for every driver, whether you’re new to driving or have had a recent accident. We provide comprehensive coverage at rock-bottom rates.

In fact, we’re ready to give you a quote right now. We’ve offered Tampa-area drivers the best rates on insurance for more than a decade, so give us a call or fill out a form right now to find out how we’re helping drivers save money.