Tuesday, November 17, 2020

Rental Car Insurance: Good or Bad?

You may have been tricked into buying unnecessary insurance before, but one type of insurance that certainly isn’t just a clever marketing ploy is insurance from rental car companies. For most people who ask whether they need to buy coverage through the rental car company when they rent a car, the answer is almost always “yes”.

In the event of damage to their vehicle, many rental car companies hold you responsible for a lot more than your traditional auto insurance policy is going to cover. Depreciation is just one example. Unless you have insurance through a company that has an agreement with certain rental agencies, such as Erie with Enterprise, you should read the fine print of both your auto insurance policy and your rental car contract carefully before you refuse rental car insurance.

If you have any questions about this or any of your other insurance needs, please contact our Johnson City office today at (423) 292-4142, or send an email to help@veritasrm.com. We would be happy to give you more information and help answer any of your questions.

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