When you rent a car, they always try to trick you with the price. They will say it’s only that much per day, but then they present you with all kinds of insurance they sell you. Which insurance do I need? I do not want to be liable for damages.
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You should check your personal coverage on your auto insurance to see if you have personal coverage on a rental car and to what extent you are covered.
If you have liability insurance you are covered, but only for liability. Liability insurance covers the renter and passengers but not the rental vehicle itself. Liability insurance covers you in whatever vehicle you drive, This includes personal coverage for you while you are in a rental car. Your insurance company will cover any damages you cause to anyone else (property and injury), up to the minimum legal limits required by law or the limits on your policy,if different.
Many car owners are covered in some way for an average car rental. Talk to your insurance agent. The same coverage and deductibles you carry on your car will apply — in most cases — to a vehicle you rent. Be careful. If your policy provides minimum coverage, you may need to calculate the value of the loss or damage of a vehicle like the rental car and decide if you need to supplement it. It may only provide a coverage limit equal to the value of your own vehicle. If the value of your personal vehicle is less than that of the rental vehicle, you could still incur some damage responsibility.
If you decline LDW at the rental counter and rely on your personal coverages, you probably would be responsible for paying your usual deductible. Also, a loss-of-use fee is not normally covered by personal auto insurance policies.
You should also check with your credit card issuer to see if you have any insurance coverage for the rental when you use that card.
If you feel you are not adequately covered for the rental car- you should definitley buy the optional loss damage waiver.
just get the renters insurance, we didnt do it and then at the last minute decided to, that was a great decision. a truck hit us and didnt stop, but we didn’t have to go through our insurance.