Collision coverage covers the repair or replacement of the damaged vehicle if it collides with another object, such as a tree, handrail, fence, or other vehicle. Collision damage exemptions only cover damage to the rental vehicle. In addition, collision damage exemptions may not cover damage caused by risky behavior, such as taking the rental vehicle off the road or speeding. Some exemptions may also exclude coverage for damage to specific parts of the rental car, including the windshield or tires.
Keep in mind that a policy with extensive coverage may be more affordable than you think, since Progressive offers several discounts on car insurance that can help you get affordable car insurance with the right coverages for you. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. Most auto insurers extend their collision coverage to any rental vehicle you drive, as long as you drive it for personal use. Car insurance collision coverage isn't legally required in any state, but your financial company may require it to protect your investment if your car is leased or financed.
The additional amount depends on many factors, such as the year, make and model of the vehicle you want to protect. In addition to the car insurance deductible you choose, the cost of comprehensive and collision coverage will decrease if you choose a higher deductible. Liability is mandatory auto insurance coverage in 49 states, while comprehensive and collision coverage are optional if the car is paid for. You should consider a collision damage exemption if you don't have collision coverage in your car insurance policy.
Your credit card company may also offer rental car insurance if you use it to pay for the rental vehicle. This type of car insurance coverage also applies if you or your family members are traveling as passengers in other vehicles or are hit by a car while walking or biking. If your car insurance policy includes collision coverage, you may already be covered for collision damage to your rental car. Progressive roadside assistance pays for towing services if your car breaks down for any reason, whether it's on the road or in your driveway.
In most cases, when an insurance company, agent, or lender refers to full-coverage car insurance, they are generally referring to all risks and collisions, in addition to any other coverage required by their state. Car insurance coverages vary depending on individual and state needs, but almost all policies contain liability coverage. The medical payment coverage in your auto insurance policy will cover your co-worker's hospital bill up to the limits of your policy.