Car Rental > Questions and Answers > should you buy the rental car insurance?

 

Many people unknowingly waste their money every time they buy insurance when they rent a car. For some people, insurance for their car rental might be the right choice but this is not true for many others. Should you buy the rental car insurance? It is not a straight forward answer. It depends on what kind of insurance you already have and what kinds of deals are available to you. 

 

Firstly, it is important to note VroomVroomVroom does not directly sell any protection products or excess reduction packages. However, we would still like to help. You have 3 rental cover options here

 

If you already own a car, you should look through your existing auto insurance policy or call your insurance company. It is likely that your policy covers rental cars. In addition, make sure the insurance policy will cover the entire value of the vehicle. If your existing insurance policy looks solid, then there is no reason for you to purchase any additional insurance for your rental car.

 

You should also contact your credit card companies because many offer their customers the benefit of complimentary rental car insurance. Credit card companies usually provide very restricted rental car coverage, and it usually only covers collision insurance. In addition, most credit card companies condition this insurance on your paying for the rental car using that company’s card. If you wish to take advantage of your credit card company’s car rental insurance, you should call the company first to make sure you understand all of the terms and conditions.

 

When it comes to personal accident insurance, you might want to consider the passengers that will ride with you in the rental car. Most renters do not need personal accident insurance, but if you or your passengers do not have medical insurance, personal accident insurance could protect you if you need medical attention in the event of a car accident. 

 

Of course, if you have no auto insurance and no credit card, you will definitely want to consider rental car insurance.