last updated 30 Sep 2022 by chris
Do you need additional collision insurance for car rental? If you’re never sure if you should buy insurance at the car rental counter, here’s how to find out what the smart move is.
when you don’t need additional car rental collision insurance
If you’re like most Americans, you can skip the collision damage waiver offered at the rental counter, as it probably duplicates the coverage you already have. This guideline applies if you own a car, as your car insurance most likely extends to rental cars. To be sure, call your insurance company and ask:
- Do I have comprehensive and collision coverage on my policy?
- Does my comprehensive and collision coverage extend to rental cars?
- Is there a limit on the type of cars I can rent?
- Does my policy cover loss of use and decrease in value?
- What risks do I run if I make a claim for damage to a rental car?
- Does my policy cover damage to the rental car?
- How can I activate that coverage?
- Is there something that nullifies that coverage?
- If using a business credit card, is coverage primary for both business and personal rentals?
- Are there limits or exceptions for certain types of cars?
- what is the maximum number of days of coverage?
ask autoslash for a quote to rent a cheap car
You’re paying with a credit card that offers major rental vehicle collision damage coverage. Make sure your card offers primary coverage for rental car damage, which allows you to avoid the possibility of filing a claim on your personal auto insurance. To be sure, call your credit card provider and ask:
when might you need supplemental insurance
On the other hand, you may need to purchase over-the-counter car rental insurance if:
- reside outside the united states or canada.
- I don’t have a car.
- do not include comprehensive and collision coverage in your auto insurance policy, or do not extend to rental cars.
- Prefer not to rely on your auto insurance or don’t want to pay your deductible. Even if you’re fully covered by your own auto insurance, filing a claim may cause your insurance premiums to go up or, in an extreme case, your insurer may choose not to renew your policy.
- Plan to use a business credit card for a leisure rental. commercial cards often drop primary coverage for non-commercial rentals.
- Split the cost of the rental between two credit cards. this generally voids coverage.
- are paying with a debit card. debit cards generally do not include coverage.
- use points or free days certificates to pay rent.
- rent a high-end vehicle (bmw, mercedes, cadillac, jaguar, etc.) or a larger suv, van, or truck (gmc yukon, chevy silverado, ford transit 12-passenger van, etc.) which may not be covered by your current credit card or auto insurance policy.
- renting a car for more than a few weeks. Some credit cards only cover rentals up to 15 days, while others extend coverage to 30 days. be sure to verify this with your card issuer.
let autoslash track your car rental for price drops
If you need to purchase coverage, your first option is to purchase collision damage coverage at the rental counter. you’ll get coverage, but it’s not cheap. in most states that don’t regulate pricing, $20 or more per day is added to your bill.
happily, there is a better option that is easier on your wallet. autoslash has partnered with sure, a leading provider of specialty insurance, to offer car rental insurance for less than half of what you’ll pay over the counter.
- Should I take out car rental insurance?
- How long will your insurance cover a rental car?