Yes, Geico offers car rental insurance. If you already have a personal car policy with Geico that includes liability, comprehensive and collision coverage, this insurance will likely be extended to cover your rental car. If you only have liability insurance with Geico, physical damage to the rental vehicle will not be covered. In most cases, collision damage exemptions also offer “loss of use” coverage if the car rental company charges for the time a damaged car cannot be used because it is being repaired.
The good news is that the insurance you carry on your vehicle should also automatically cover any rental car. Compare the cost of coverage with Geico to the cost of car insurance with several providers to make sure you don't end up paying too much for car insurance. Generally, your health insurance will cover injuries that result from a car accident, and home or renters policies cover items stolen from a car. However, if you don't have full coverage for your vehicle, you may need to purchase rental car insurance through the rental company.
If you have Geico car insurance for your main vehicle, the good news is that you have coverage for rental cars. While each standard auto insurance company has its own criteria for covering rental cars, some situations are generally excluded. Collision car insurance works to cover your vehicle if you have a car accident, even if you're at fault. However, Geico's comprehensive and collision coverage limits may not be high enough if you rent a car worth much higher than your personal vehicle and the car is completely liquidated.
If you don't have either type of coverage, you can take out personal accident insurance through the car rental company. While it doesn't offer any car insurance specific to rental vehicles, Geico does offer you a few options. Therefore, if you have an accident and you are at fault, your liability insurance will not help you pay for the damage to the rental car. This is not an insurance product, but rather an exemption that transfers financial responsibility from you to the car rental company in the event of damage or theft.
