BUSINESS

In the event that my vehicle stalls

Will my protection pay for a rental vehicle?

After a car accident, you might need a car while yours is in the shop. Alternately, you might have to rent a car so that you can drive while your transmission is fixed by a mechanic.

Even if an accident is covered, the majority of basic auto insurance policies will not cover the cost of renting a car in the event of an unexpected need.

On the other hand, an existing auto insurance policy can frequently include a rental car reimbursement policy.

Even though it might not always be enough to cover the cost of renting a car, the relatively minor additional cost might be worth it. We’ll discuss when your vehicle protection could repay you for a rental vehicle and the contrast among protection and repayment.

The majority of the time, rental car companies provide the insurance that safeguards your vehicle throughout the rental period.

If you have vehicle insurance, you can add rental vehicle repayment inclusion as a discretionary extra to help pay for a rental vehicle if your vehicle needs repairs after a covered accident. A few strategies of mechanical breakdown protection incorporate a rental vehicle remittance.

When renting a vehicle, your individual auto insurance policy may provide all necessary protection; However, it is essential to read the small print.

Also Read  What Is Covered?

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