Daily Dose of Curiosity
In the example you provide, chances are high that the claim will not affect your personal auto insurance. Typically there are three ways that an insurance company would learn about this occurrence: Subrogation: The car rental company seeks to subrogate (or seek reimbursement) from your personal auto insurance. I would rate this as unlikely in your … Read more
I suppose your need for a rental car has already come and gone, but I’ll toss my hat of knowledge into the ring for your future rentals or for others who have the same question. The first thing to note: you mention being new at driving. It’s important to note that most car rental companies … Read more
No. You don’t need to buy collision insurance (called: Collision Damage Waiver, Loss Damage Waiver) for a rental car when you have auto insurance. But, it might be wise if you did. Read on for more information. Contact your Agent/Company Representative: If your auto insurance includes Comprehensive and Collision coverage it is likely your rental car will be covered for physical damage. Every … Read more
If you own another vehicle and it is insured or if you are renting with a large number of credit cards, the answer is nothing. You are much better off declining the LDW and CDW charges, which can often be more than the cost of the rental car itself. That is unless you have no … Read more