Rental Car Insurance – Pointers

You can easily get your rental car insurance and pay the same through a credit card. Those who are renting a car should know that there are 4 main kinds of car rental insurances that you can avail. Many of such insurances are covered through the regular car insurance policy, and there are some which are taken care of by home owner policies. Insurance coverage for you car includes liability insurance, personal property and personal accident, collision coverage and comprehensive insurance. Here are some great car insurance pointers for rental cars…

Credit card companies that provide car insurance

There are many credit card companies that also provide for free comprehensive and collision coverage options. Hence with the benefit of a credit card, you can get free rental car insurance too. Credit card companies provide these options to the platinum and gold credit cards. And these credit card companies don’t pay for the liability or other kinds of coverage. In most cases policy holders or the credit card owners would be paying for themselves or need to consult the auto insurance agent in these matters.

Car rental insurance

Basically a credit card does include car rental insurance and may provide all the coverage required by the credit card owner. In some options credit cards take care of the vehicle that is being rented and provide for the same. But there are many exotic luxury vehicles that are not covered under the car rental insurance. Also some companies may be paying for the deductible for the auto insurance coverage.

It should be remembered that there are various restrictions on the coverage also. So these credit card companies may not take care of the car rental insurance if you have very poor driving records. Thus it is suggested that you check the same with the credit card company before you apply for car rental insurance.

What you should you look for in car rental insurance?

Car rental insurances require supplemental liability coverage where the car rental companies would provide a basic coverage to the driver. However, this basic level is not sufficient coverage and you would also need collision damage waiver which takes care of stolen and damaged vehicles. Apart from this, you may need personal accident insurance is required to cover medical bills. You also need coverage for loss of personal things like luggage, computer and other gadgets, which can often account up to thousands of dollars.