Do I need additional auto insurance when I am renting a vehicle?

One of the many things that you have to decide when you are renting a vehicle, whether for business or pleasure, is whether you want the insurance that the rental car company offers. At Murvay Insurance in Newport Beach, CA, we make sure that all of our customers have the right auto insurance for their needs and are in compliance with state regulations.

The answer to this question is maybe. It depends a great deal on the type of insurance that you have on your personal vehicle. If you have basic insurance, that is not going to be adequate, and the rental company won’t let you rent without adding protection for the vehicle. Basic insurance only provides liability coverage.

If you have full vehicle coverage, collision, and comprehensive coverage, then you will have the same coverage on a rental vehicle. As long as you are renting in the United States. If you rent a car in Europe, your American auto insurance won’t cover you there. You will need to buy the insurance that the company offers.

This is not necessarily a bad thing other than the cost. You won’t be penalized for getting in an accident or damaging a vehicle by your insurance company if you get coverage through the car rental company. You may also want to check with your credit card company to see if car rental coverage is one of your perks. It is a common benefit with many cards.

You may also be asked if you want theft insurance for your property in your vehicle, but your rental, condo, or home insurance covers these types of theft.

Call our office at Murvay Insurance in Newport Beach, CA when you have questions about auto insurance.