I want to take this opportunity
to commend
the agents at
Hodge and Hodge Insurance
for their responsiveness, professionalism and excellent work in all aspects of my policy. My agent was very patient with my saga and went through every coverage detail.
Steven B.
Does my policy cover a rental car?
A question we are often asked. Does my policy cover a rental car?
In most cases your auto policy will cover a rental car for the named insured when it is a replacement vehicle, matching the current policy limits. There are some caveats to remember when renting a car though. You need to keep in mind the following:
• Many rental contracts hold you responsible for the replacement value of a vehicle.
Even if your auto insurance or credit card covers you, it is only for the actual cash value or current blue book. This leaves you responsible for the difference.
• Your own policy, credit cards or optional LDW protection, if purchased, usually will not protect you if you loan or let someone drive your car that is not listed on the rental contract—including parking valets. You are 100% responsible for the vehicle's damage and down-time.
• If you rent in the United States, rental contracts and your own private coverage do not apply to rental cars in Canada or Mexico.
• You are responsible if you leave the keys in the car or, in some cases, don't have seat belts on at the time of an accident. This may void any optional insurance coverage you have purchased.
• If you purchase the optional insurance from the rental company, it can be voided if you drive under the influence of alcohol. This does not mean "legally drunk." According to the contract one drink puts you under the influence and can violate your agreement.
• Most credit card companies or private insurance policies will not extend to rented vans, pickups or any commercial vehicle (such as a U-Haul).
• Do not assume you have automatic protection if you rent with a credit card unless you have checked that particular card's agreement-the coverage varies among major credit cards.
• Even if your private insurance protects you for rental cars, your company can deny your claim if the rental agency makes repairs before the car is inspected.
• You are responsible for the down-time and lost rental income if you damage a rental car. This generally is not covered by credit cards or private insurance.
• If you do have an accident, the rental car company can charge the retail replacement cost of the vehicle on your credit card.
Bottom line: Beware when renting a car. Read the contract thoroughly, and it is usually a good idea to purchase the optional coverages offered to you.
Please, if you have any questions or need to have any terms or coverages clarified—give us a
call (949-458-0442) at Hodge and Hodge Insurance we want you to have the full protection
you deserve!