You should also check if your car insurance policy includes protection against personal injury. This coverage pays for medical expenses for you and your passengers in a car accident if you are at fault. Car insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. Personal car insurance, home insurance, renters insurance, rental property insurance, general insurance, motorcycle insurance, motorhome insurance, builder hazard insurance, mobile home insurance, boat insurance.
Personal injury protection insurance is mandatory in states that operate a “no-fault” system for car accidents. If your car is destroyed or stolen, there may be a “gap” between what you owe for the vehicle and your insurance coverage. Some personal car insurance policies may have supplemental liability coverage to cover any damage you cause while driving a rental car. As always, if you want to be safe, be sure to check your car insurance policy or call your insurance agency to find out what coverages extend to your rental car.
The four major credit card issuers, Visa, American Express, MasterCard and Discover, offer some type of rental vehicle insurance coverage. You might be surprised to learn that many people end up buying supplemental car rental insurance that they don't really need. Personal car insurance also won't provide coverage if you use your car to transport other people through a ride-sharing service, such as Uber or Lyft.
Jackson InsuranceSolutions offers personal line insurance for the state of New Mexico and the surrounding area.
Most of the limits and deductibles in your regular car insurance policy generally continue to apply to your rental car, as long as you drive it for personal use. Car rental companies typically offer insurance for vehicles through a loss damage exemption (LDW) or a collision damage exemption (CDW). But is that enough? What are the options? Learn how car insurance works and what types of coverage are available. It's one thing to know how much insurance is required to meet the needs of the state of Florida, and it's another to buy enough insurance to protect you and your dealer.