When it comes to auto insurance, it is important to know that every policy is different. You have the ability to choose the types of coverage you have included in your policy, and this is a great way to customize your own needs. As you think about the coverages you need, you might want to consider adding rental car coverage, as this can be a very beneficial perk to have with your policy.
What is rental car coverage?
With auto insurance, the coverage that is called rental car coverage is a type of protection designed to cover the costs of renting a car after an accident occurs. When you have this coverage, you can be certain that while your car is in the shop getting repaired, you will have a vehicle to drive to get to and from the places you go.
How does it work?
In most cases, rental car coverage will provide you with a certain amount of money per day towards the cost of a rental car. For example, the rental car coverage might be about $30 per day, so if the cost of the car is $35 per day, you would only have to pay $5 for each day you have the rental car.
It is important to know that rental car coverage only provides coverage after an accident. If your car simply breaks down and needs major repairs, you could not file a claim for rental car coverage, as it is not designed to provide you with compensation for car rental fees for times when your car needs repairs. It is only designed for situations where damage occurs from a car accident.
How much will it cost to add this?
Adding rental car coverage to your policy will cost you a little bit of money, but typically the costs are very low and affordable. While you may never need the coverage, you would be very glad that you have it if you ever experience a situation where your car needs major repairs after a collision takes place.
What are the benefits of adding rental car coverage?
There are a lot of benefits of having rental car coverage with your auto insurance policy, but the main one is that you will have a way to get a rental car when you need it and not have to pay full price for it. To learn more about rental car coverage, talk to an agent today.
