Daily Dose of Curiosity
Yes, you can rent a car without owning car insurance. You will just have to buy temporary insurance in order to rent the vehicle. There are 3 ways to obtain rental car insurance: If you rent vehicles frequently you can buy a non-owners policy; (rates can be compared on sites like Insurify.com) From the rental car … Read more
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
Liability coverage: Yes. If you have a personal car, your liability insurance will cover the rental car also. The rental company also has liability insurance, usually statutory minimum liability limits, which is insufficient to really protect you. The rental contract makes your own insurance primary. If you don’t have insurance, the rental company’s policy is … Read more
As an insurance broker and underwriter for over 20+, I believe it is absolutely worth buying the VEHICLE PHYSICAL DAMAGE (VPD) coverage if you already have your own personal auto liability policy. WHY? 1.) Because if you are in an auto accident you do not have to pay the deductible required by your car insurance carrier … Read more