In case I wanna rent a car...do I need to obtain auto insurance for that??
Total Comments: 19
Posted: Thu Sep 25, 2008 04:09 am Post Subject:
Hi there..
See, I must say that collision and comprehensive coverage is a must for you. Under circumstances that you don't have auto insurance, you'd always have the option to purchase rental auto insurance from a car rental counter. This collision coverage would feed for the repair costs post any form of collision involving your car. At the same time the comprehensive coverage would cover for the associated expenses other than collision e.g. other damages from factors like hooliganism, flood , burglary etc.
Evan
Posted: Thu Sep 25, 2008 04:24 am Post Subject:
Hi, I'd also feel that you'd have opportunity to opt for a non-owner auto insurance liability coverage.
While renting cars in a row it could be a natural practice to go for the rental auto insurance as an option rather than choosing a coverage from the car rental shop all the time. You may opt it once for your car and it would remain valid for the entire year. So, you see you could safe following these ways!
ArindamSenIndies
Posted: Thu Sep 25, 2008 04:32 am Post Subject:
Hey..I've seen it quite a few times in my life that guys would opt for an insurance coverage only after they have seen the ugly face of the accident creeping into their lives. The need is felt all of a sudden when they would need to file claim with their insurance co. They know this is the time they are actually applying for a help to repay their expenses towards their car rentals, repairs & the associated expenses too!
They would only be surprised to discover that auto insurance is not automatically designed to cover the worth of a replacement car rental once they are in an accident. So, that's the importance of rental auto insurance.
Evan
Posted: Thu Sep 25, 2008 04:39 am Post Subject:
Hi guys,
I think the cars would usually stay within the repair a shop for at least 14 days once it gets involved in an accident. During that time you might just need to spend around $500 to rent a car as its replacement. In comparison, some of the drivers would just expend a bit (or may be nothing at all) towards it under circumstances that they have opted for a rental auto insurance policy. So don't you feel you have a real good option for it ..yeah, you would always have the option to find it out whether it is good or bad for you. Thanx, ArindamSenIndies
Posted: Thu Sep 25, 2008 05:07 am Post Subject:
Rental reimbursement could be good option for this cause provided that you're ready to pay this $1 -$2 for each auto insurance policy that you may have. But there are people who'd always have the option to think that it is never possible for them to get involved in an auto accident. There are also a handful who'd believe that it is better for them to shop for the least premium-packs available for the rental auto insurance policies. Evan
Posted: Thu Sep 25, 2008 05:25 am Post Subject:
Evan...don't you all think that the worth of the rental replacement would accumulate even faster?
There are instances that people didn't even have accidents for 8-9 years in a row!
Purpleheaded08
Posted: Thu Sep 25, 2008 05:33 am Post Subject:
Yes Purpleheaded08, you may say that the cost accumulates faster. That's the reason the rental auto insurance coverage would bear its own cost when you'd look for it the most. The fact that you have not suffered any auto accident for 8-9 years adds more sense to it automatically. Regards, Evan
Posted: Thu Sep 25, 2008 05:39 am Post Subject:
In case I wanna rent a car...do I need to obtain auto insurance for that??
Its not mandatory though, but the renter may insists that you purchase a rental auto insurance coverage for the rented vehicle. This is mostly done to prevent the renter from experiencing losses.
Upon your requirement you may find the renters policy at the renter's outlet, but often these are overpriced and may include redundant coverage. Hence, before you purchase the rental car insurance, it'd be wise to check out with the auto insurer. More often the rented vehicle receives coverage under the primary auto policy of the vehicle owner.
Another source of coverage can be the credit card that you have used for renting the car. The credit card companies offer rental car insurance to their customers as an added benefit with their cards.
Moreover, if you are in habit of renting a car most often, purchasing a non-owners insurance would help you in saving bucks. The non-owners policies are cheaper than the traditional renter's policies.
~jeremy
Posted: Thu Sep 25, 2008 05:43 am Post Subject:
Guys..on many occasions I have seen that it consumes more time to analyze and work out the details associated with an auto insurance claim, when you're in touch with the insurance carrier and working hand-in-hand. Even when it is the other driver's fault, you will see that it often takes more than your expected time to persuade the other party's carrier to feed your car rentals. On the other hand, if you have your own coverage then you would not need to waste your time in doing all these.
ArindamSenIndies
Posted: Thu Sep 25, 2008 05:57 am Post Subject:
But guys, to tell you the truth I was going through some insurance journals a couple of days back. It was quite clearly mentioned that we may have the choice to avoid the extra rental auto insurance policies that the rental auto companies would offer us. I am talking about coverage e.g. Loss/damage exemption, Personal accident coverage on the rental cars.
In case we opt to avoid such coverage that seems extra, it might result in savings worth $15 or even higher per day. So, it is always a better option to check out these facts with our insurance carriers & our credit card companies. Evan
Posted: Thu Sep 25, 2008 04:09 am Post Subject:
Hi there..
See, I must say that collision and comprehensive coverage is a must for you. Under circumstances that you don't have auto insurance, you'd always have the option to purchase rental auto insurance from a car rental counter. This collision coverage would feed for the repair costs post any form of collision involving your car. At the same time the comprehensive coverage would cover for the associated expenses other than collision e.g. other damages from factors like hooliganism, flood , burglary etc.
Evan
Posted: Thu Sep 25, 2008 04:24 am Post Subject:
Hi, I'd also feel that you'd have opportunity to opt for a non-owner auto insurance liability coverage.
While renting cars in a row it could be a natural practice to go for the rental auto insurance as an option rather than choosing a coverage from the car rental shop all the time. You may opt it once for your car and it would remain valid for the entire year. So, you see you could safe following these ways!
ArindamSenIndies
Posted: Thu Sep 25, 2008 04:32 am Post Subject:
Hey..I've seen it quite a few times in my life that guys would opt for an insurance coverage only after they have seen the ugly face of the accident creeping into their lives. The need is felt all of a sudden when they would need to file claim with their insurance co. They know this is the time they are actually applying for a help to repay their expenses towards their car rentals, repairs & the associated expenses too!
They would only be surprised to discover that auto insurance is not automatically designed to cover the worth of a replacement car rental once they are in an accident. So, that's the importance of rental auto insurance.
Evan
Posted: Thu Sep 25, 2008 04:39 am Post Subject:
Hi guys,
I think the cars would usually stay within the repair a shop for at least 14 days once it gets involved in an accident. During that time you might just need to spend around $500 to rent a car as its replacement. In comparison, some of the drivers would just expend a bit (or may be nothing at all) towards it under circumstances that they have opted for a rental auto insurance policy. So don't you feel you have a real good option for it ..yeah, you would always have the option to find it out whether it is good or bad for you. Thanx, ArindamSenIndies
Posted: Thu Sep 25, 2008 05:07 am Post Subject:
Rental reimbursement could be good option for this cause provided that you're ready to pay this $1 -$2 for each auto insurance policy that you may have. But there are people who'd always have the option to think that it is never possible for them to get involved in an auto accident. There are also a handful who'd believe that it is better for them to shop for the least premium-packs available for the rental auto insurance policies. Evan
Posted: Thu Sep 25, 2008 05:25 am Post Subject:
Evan...don't you all think that the worth of the rental replacement would accumulate even faster?
There are instances that people didn't even have accidents for 8-9 years in a row!
Purpleheaded08
Posted: Thu Sep 25, 2008 05:33 am Post Subject:
Yes Purpleheaded08, you may say that the cost accumulates faster. That's the reason the rental auto insurance coverage would bear its own cost when you'd look for it the most. The fact that you have not suffered any auto accident for 8-9 years adds more sense to it automatically. Regards, Evan
Posted: Thu Sep 25, 2008 05:39 am Post Subject:
In case I wanna rent a car...do I need to obtain auto insurance for that??
Its not mandatory though, but the renter may insists that you purchase a rental auto insurance coverage for the rented vehicle. This is mostly done to prevent the renter from experiencing losses.
Upon your requirement you may find the renters policy at the renter's outlet, but often these are overpriced and may include redundant coverage. Hence, before you purchase the rental car insurance, it'd be wise to check out with the auto insurer. More often the rented vehicle receives coverage under the primary auto policy of the vehicle owner.
Another source of coverage can be the credit card that you have used for renting the car. The credit card companies offer rental car insurance to their customers as an added benefit with their cards.
Moreover, if you are in habit of renting a car most often, purchasing a non-owners insurance would help you in saving bucks. The non-owners policies are cheaper than the traditional renter's policies.
~jeremy
Posted: Thu Sep 25, 2008 05:43 am Post Subject:
Guys..on many occasions I have seen that it consumes more time to analyze and work out the details associated with an auto insurance claim, when you're in touch with the insurance carrier and working hand-in-hand. Even when it is the other driver's fault, you will see that it often takes more than your expected time to persuade the other party's carrier to feed your car rentals. On the other hand, if you have your own coverage then you would not need to waste your time in doing all these.
ArindamSenIndies
Posted: Thu Sep 25, 2008 05:57 am Post Subject:
But guys, to tell you the truth I was going through some insurance journals a couple of days back. It was quite clearly mentioned that we may have the choice to avoid the extra rental auto insurance policies that the rental auto companies would offer us. I am talking about coverage e.g. Loss/damage exemption, Personal accident coverage on the rental cars.
In case we opt to avoid such coverage that seems extra, it might result in savings worth $15 or even higher per day. So, it is always a better option to check out these facts with our insurance carriers & our credit card companies. Evan
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