Buying Car Rental Insurance Brownsville Texas TX

Reader’s Question:

I’m staying here in Brownsville, Texas, and I plan to rent a car instead of driving my own all the way from Minnesota while looking for a job. What should I know before purchasing insurance from a car rental service?

Abby

Brownsville, TX

First, you would only want to purchase car insurance coverage from a car rental service if, 1.) You don’t have personal car insurance coverage, 2.) Your car insurance policy doesn’t extend coverage to any other vehicle you drive other than your own, or 3.) Your current car insurance providers does extend coverage but has very limited or minimal protection or coverage. You would also want to understand the scope and limitations of the rental car insurance being offered by the prospective auto insurance provider there in Brownsville, Texas.

Once you decide that you would want or need car insurance for a rental vehicle then heres what you can expect to purchase from your the car rental service:

Loss Damage Waiver - This is not technically an insurance but rather more of an agreement between you and the car rental company that in the event the vehicle you are renting gets damaged beyond repair or is stolen. This form basically relieves you of the financial obligation to repay the rental company for the loss of the vehicle. This can also suspend the daily payment you make on the rented vehicle in the event the said vehicle could not be used due to repairs. This usually comes around as an extra $10 -$20 daily.

Liability Coverage – Since most states have financial responsibility laws mandating at least a minimum amount of coverage for drivers, your car rental service might also offer you additional temporary insurance coverage. However you may forgo getting additional insurance if the liability coverage of your insurance is already adequate or if your credit card provides car rental accident insurance.

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