Understanding Rental Auto Insurance Coverage
Sunday, March 14th, 2010It’s not always the best idea to automatically decline the auto rental insurance that rental companies offer their customers according to the article “Don’t Automatically Refuse Extra Rental Car Insurance Coverage” by Michelle Crouch on creditcards.com. It’s important to do your homework and ensure that you are covered when you rent an auto.
In recent years auto rental companies have started adding extra fees for damages to the rental. These are often not covered by the auto insurance companies or credit cards. This is where research is important. How much are the fees and are you covered. Most major credit cards offer some form of auto rental insurance, but it doesn’t always cover the extra fees charged by the rental companies. It’s important to look into.
Most auto insurance companies also offer some form of coverage for renting a car. But again, it’s hard to tell if it will fully cover all costs associated with the damages. If you rent an auto often it will be worth your time to shop around and compare auto insurance benefits. They can vary greatly from company to company. Bottom line, educate yourself. Always read the fine print and be sure you are not paying twice for the same coverage. But at the same time, ensure you have enough coverage. It’s a fine line, but as a responsible consumer it’s in our hands to protect ourselves.

According to the article “Additional Auto Insurance May Not Be Needed For Rental Cars” by Lawrence Shipman on usinsuranceonline.com, rental cars have auto insurance through the state of Minnesota. 





