Rental reimbursement helps cover the cost of renting a car while the vehicle is being repaired after a covered accident. It's an option with car insurance policies that is quite affordable and might be worthwhile for some drivers. Rental vehicle reimbursement coverage is optional coverage that can cover the cost of a rental car if your vehicle is damaged in a covered accident and cannot be driven. To add rental reimbursement coverage to your policy, you usually also need comprehensive and collision coverage.
Rental reimbursement coverage typically covers the cost of a rental car up to a certain amount in dollars per day for a specified number of days. Without the reimbursement coverage of a rental car, you may be responsible for the cost of a rental car if your car can't be driven after an accident. Even if you don't have rental reimbursement coverage with your auto insurance company, you may be able to get it through an extended warranty. Extended warranties are service contracts that cover repair costs if your vehicle suffers a major mechanical failure.
In addition to fault coverage, extended warranty providers often include rent reimbursement coverage in their contracts. Insurance companies generally don't offer extended warranties, so you'll have to buy one from an outside company or from your car manufacturer. In most cases, the insurance company will pay for the rental car until the old vehicle is repaired, unless you delay the repair process. Before buying insurance from the rental company, you should consider what coverage you already have through your personal car insurance.
While your car is being repaired, you can file a liability insurance claim for damage to the at-fault driver's property, or use your own rental vehicle reimbursement coverage if the fault isn't immediately clear. And Enterprise Holdings, which offers lower car rental rates for people involved in an accident, regardless of their insurance company. Like collision coverage, comprehensive insurance is often optional if you own your vehicle, but you'll likely require it if you rent or finance your car. Once fault has been determined, the at-fault driver's insurance company must reimburse you or your insurance company.
If someone else is at fault for an accident, you can use your own coverage right away and then have your insurance company recover the cost of the rental car from the at-fault party or your insurance company once the fault has been determined. Rental reimbursement insurance is designed to cover the cost of renting a car after an at-fault accident or other type of covered claim. The AAA discount for car rental applies to the base rate of the rental vehicle, not including taxes or fees, and some vehicles are excluded from the discount. In general, rental reimbursement coverage is worthwhile if you think you're going to have a car accident and need a rental car for years to come.
And, in general, you'll continue to receive rental coverage from the at-fault driver's policy until the car is repaired or, if the vehicle was destroyed, until you've paid for your vehicle. In addition, if you plan to use a credit card as coverage, make sure you know the exclusions and the steps you must take to apply for coverage, such as refusing the car rental company's insurance options. If the damages are severe enough to justify the need to rent a car, you're likely to file a car insurance claim under your car collision insurance coverage or also under comprehensive car insurance coverage, which includes a deductible. If you don't have enough coverage through USAA to cover your rental car, you can take out insurance from the rental car company or see if your credit card company offers it.
Yes, the insurance covers reimbursement for the rental of the vehicle if you are not at fault for an accident and your vehicle is damaged...