10 Things You Should Know Before Paying For Car Rental Insurance

Many travelers have questions about car rental insurance. Unfortunately, these questions do not come to mind until travelers are at the car rental counter (with a line of people behind them). Has this ever happened to you?

Call Erb and Young Insurance with Car Rental Insurance questions

At Erb and Young Insurance we are always just a phone call away. Even when you find yourself face-to-face with the car rental agent and the insurance paperwork he is presenting to you.  With that in mind, it would be better to be aware of the following ten points and to discuss them with your Erb and Young Insurance agent as soon as you know that you will be renting a car.


10 Things You Should Know Before Paying For Car Rental Insurance


  1. How much coverage do you currently have on your own vehicle?

  2. Will the same coverage and deductibles apply when you rent a car?

  3. Using the rental car for business reasons can make a difference on whether the coverage and deductibles you have on your own car would apply when you rent a car.

  4. Is it time to upgrade your insurance policy? If you have dropped either comprehensive or collision on your own vehicle as a way to reduce your insurance costs, you will not be covered if the vehicle you rent is damaged, stolen or if you are in an accident.

  5. Does your current policy cover towing charges, administrative fees, and loss of use of the rental car? Some insurance carriers may provide an insurance rider to cover some of these costs, which normally will cost less than purchasing coverage through the rental car company.

  6. What if you do not own your own car, yet you are frequently renting a car for personal reasons? You may want to consider purchasing a non-owner liability policy. This will not only provide liability protection when you rent a car, but also when you find yourself behind the wheel of vehicle owned by a friend or family member.

  7. Do you need Personal Accident Insurance? This offers coverage to you and your passengers for medical and ambulance bills for injuries caused in a car crash.

  8. What is a Loss Damage Waiver or LDW? Technically LDW is NOT an insurance product. The LDWs offer to relieve or “waive” the car renters of the financial responsibility if the car they rent is damaged or stolen. Some LDWs also provide coverage for loss of use, towing and administrative fees. Keep in mind, that most LDWs, may become void if an accident involving the rental car was caused by driving on unpaved roads, speeding or if the driver was intoxicated.

  9. Make sure your valuable items such as electronic devices, cameras, musical equipment and jewelry are protected at home as well as while traveling. Learn more about adding a Personal Articles Floater under your homeowners insurance policy instead of paying for Personal Effects Coverage.

  10. It is also important to find out exactly what type of insurance you have by means of your Credit Card Company. You can simply call the toll-free number on the back of the card you will be using to rent the vehicle. Before you should ever solely depending on a credit card company for insurance protection, ask the credit card company or the bank issuing the card to send you their coverage information in writing. Keep in mind that credit card benefits are usually secondary to either your own personal insurance protection or the insurance that is customarily offered by a rental car company.


To get answers to other specific insurance questions, please contact an Erb and Young Insurance Agent. Your Erb and Young Insurance agent will provide you with exceptional service, rates and a FREE professional consultation. We focus on the relationship, not the transaction. Since we’re independent agents, our allegiance lies with our clients, not the insurance companies. We want you to avoid overpaying for a policy that is not providing the right coverage.

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