rental car insurance: a basic introduction

Rental car insurance protects drivers against financial liability while driving a rented car for a limited period. While your rental car provider will provide this coverage, you may already be covered under your existing insurance plans or by your credit card.

Different insurers can also provide equivalent coverage.

Not all rental car insurance policies are made equal, just like typical auto insurance. You might not know what you’re searching for if you’ve never acquired rental car insurance before. In this post, we’ll go through the many forms of rental car insurance and help you figure out which one is best for you.

What are the types of Rental car insurance?

The insurance for a rental car is identical award winning insurance agency to that of a regular car. Based on your demands, you can choose the type of coverage and the degree of coverage you want. Rental car insurance, on the other hand, is not the same as vehicle insurance.

You should be aware of your options before purchasing rental car insurance. The following are the most prevalent types of rental car insurance:

Loss-and-damage waiver (LDW): This is a waiver, not a policy, known as collision damage waiver (CDW). It states that the rental company will not pursue you if the rental car is damaged or stolen. If you have collision and comprehensive car insurance, however, this may be covered under your policy.