Whether or not you need rental car insurance depends on a few factors, such as the type of car rental agreement you have, the coverage you currently have on your personal auto insurance policy, and your personal tolerance for risk.
If you have a personal auto insurance policy, it may provide some coverage for a rental car, but the extent of the coverage may vary depending on your policy and the rental car company. For example, your personal auto insurance policy may provide liability coverage for a rental car, but it may not provide comprehensive or collision coverage. If you’re not sure what your personal auto insurance policy covers, it’s important to contact your insurance agent or review your policy before renting a car.
In addition, some credit cards offer rental car insurance coverage as a benefit, so it’s important to check with your credit card company to see if you have this coverage and what the terms and conditions are.
If you don’t have personal auto insurance or credit card coverage, you may want to consider purchasing rental car insurance from the rental car company. The coverage options and cost may vary depending on the rental car company, so it’s important to review the policy carefully and ask questions if you’re not sure what’s covered.
Ultimately, the decision of whether or not to purchase rental car insurance is up to you and your personal tolerance for risk. If you’re unsure about what coverage you need or have any questions, it’s always a good idea to contact your insurance agent or the rental car company for guidance.
