Is there coverage for rental vehicles extended from an auto policy?
The insured has the same coverage for a rental vehicle as is afforded the highest rated vehicle on the policy in the Continental U.S. However, administration fees are not covered and, in most cases, there would be no coverage if the rental agency charges you for the time the vehicle cannot be rented. If the rental car is totaled, the rental car company could require you to pay the cost to replace the vehicle. Again, in most cases, the insurance company will only pay the actual value of the vehicle. There is also the possibility that the insured’s credit card may be frozen until payment is received for any damages.
Related Questions
- If I go on vacation and rent a vehicle, will my New Mexico auto policy provide coverage while I am driving the rental vehicle or must I purchases coverage from the rental company?
- If I go on vacation and rent a vehicle, will my Arizona auto policy provide coverage while I am driving the rental vehicle or must I purchase coverage from the rental company?
- Is there coverage for rental vehicles extended from an auto policy?