I’m renting a car – do I need to buy the rent car company’s insurance?
This question is complicated. The Liability, medical, comprehensive and collision coverage on your policy will cover while driving the rent car. However… we recommend and personally take the coverage the rent car company offers for two reasons. If something happened, you would have your deductible to contend with, and likely be responsible for lost revenue to the company while the car is being repaired. When renting the car, most rent car companies offer what they call a “loss damage waiver” which would cover damage, theft and loss of use and is a relatively small $$/day. This is what we advise you to consider. You don’t need to buy their whole package since you have your own liability, uninsured motorist or medical payments.
Have more questions? Call me (918)615-9746