Can You Rent a Car Without Liability Insurance
Most people know that if you have automobile insurance, that insurance in well-nigh cases will embrace you if you become to rent a car in the United States.
Simply what if y'all need to rent a motorcar and you lot don't already have insurance? Is it even possible to rent a car without insurance?
In this article we'll expect at some factors to consider if yous demand to rent a car without already having coverage.
Can I rent a car without car insurance?
The simple answer to this question is "yes." You tin can rent a car without having auto insurance. In fact, that's one of the reasons why rental car companies offering their ain insurance in the first place.
The matter is, rental cars are automatically insured — but merely at the blank minimum requirements. Rental car companies offer supplemental insurance on top of that so that you tin can protect yourself in case of an accident.
Unremarkably, if you lot own a vehicle and carry insurance on it, it doesn't make sense to spend the actress money (up to $40 a day) to be covered past the rental machine visitor'south insurance, since you're already covered by your own.
Only if you don't already have your own insurance, you lot may need to buy some from the rental agency.
3 things to consider before buying rental car insurance
Before you buy car insurance from the rental bureau, you should enquire yourself three questions:
- What does the rental car company's insurance cover? Nearly rental companies volition but automatically cover the country minimum required liability insurance — merely you demand to ask. Requirements may differ slightly in some states.
- Am I already covered by another policy? If you live with your family, their regular car insurance policy may already cover you. Besides, if you have health insurance through your job (or again, your family) you likely already accept insurance that covers at least you in an blow in which you lot're injured. In some cases, travel insurance may encompass rental cars likewise.
- Does my credit bill of fare offer car rental insurance? Many credit cards offer auto rental insurance as a perk. To take advantage of that coverage, yous have to apply the card for the rental. Notice out exactly what's covered and what the exclusions are by calling your credit card visitor before you lot rent.
The 4 primary types of coverage for rental cars
If you make up one's mind that you do demand to purchase coverage from the rental agency, y'all should know that rental car companies usually present four options of coverage. They are:
- Collision Harm Waiver — waives damages in the event of a wreck or if the vehicle is stolen.
- Supplemental Liability Protection — protects others in accidents you lot may cause
- Personal Accident Insurance — covers you and your passengers.
- Personal Effects Coverage — reimburses you for personal items stolen out of the rental motorcar.
Because liability-only insurance isn't plenty to safely encompass your rental if information technology incurs damage, you'll likely need some kind of combination of liability and collision coverage for peace of mind.
If yous and your passengers have medical insurance, personal insurance is an pick, merely probably not necessary.
Personal effects coverage is entirely optional depending on how concerned y'all are about things being stolen from your vehicle (you should never go out items of value in an unattended vehicle anyway).
Final Thought
Though it's possible to rent a motorcar without already having car insurance, you will want to make sure you're covered i way or another.
Whether you buy rental car insurance from the company you lot hire the car from, are covered by your family'due south policy or take advantage of the coverage offered by your credit bill of fare, information technology's important to know exactly what's covered and for how much.
That's the only fashion to make sure you don't end up in a tough state of affairs if you happen to be in an accident in your rental car.
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Source: https://clark.com/cars/rent-car-without-insurance/
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