What You Need to Know About Budget Car Rental Insurance Cost

Understanding Car Rental Insurance

When renting a car, most companies include some form of insurance as part of their service. This is typically a “Liability Insurance” policy which covers the cost of any damage or injury that you cause to another person or their property. It does not, however, provide coverage for any damage to the rental car itself. That’s why car rental companies offer additional insurance coverage in the form of Collision Damage Waiver (CDW) and Personal Accident Insurance (PAI). This additional coverage can help to provide peace of mind while renting a vehicle.

What Is Covered By Budget Car Rental Insurance?

Budget Car Rental offers several different levels of car rental insurance coverage. The most basic coverage is their “Liability Insurance” which is included in the cost of your rental and provides coverage for damage or injury to another person or their property. In addition, they offer Collision Damage Waiver (CDW) which covers the cost of any damage to the rental car itself, and Personal Accident Insurance (PAI) which provides coverage for medical expenses in the event of an accident. Budget Car Rental also offers supplemental coverage such as Personal Effects Coverage which provides coverage for personal items in the event of a theft, and Roadside Assistance which provides 24/7 emergency roadside assistance.

How Much Does Budget Car Rental Insurance Cost?

The cost of Budget Car Rental insurance depends on the type of coverage you choose and the length of your rental. For example, their “Liability Insurance” is included in the cost of your rental and does not cost anything extra. However, their Collision Damage Waiver (CDW) and Personal Accident Insurance (PAI) both cost extra and can range from $7 to $30 per day depending on the length of your rental. Additionally, their supplemental coverage such as Personal Effects Coverage and Roadside Assistance can also cost extra and range from $3 to $15 per day.

Do I Need Budget Car Rental Insurance?

Whether or not you need Budget Car Rental insurance depends on your personal situation. If you already have a car insurance policy, you may already have coverage for rental cars as well. Additionally, some credit cards may offer rental car insurance coverage as well. It’s important to check with your car insurance provider and credit card company to see what coverage is already included before purchasing additional insurance from Budget Car Rental.

How Can I Get Budget Car Rental Insurance?

Getting Budget Car Rental insurance is easy. All you have to do is select the type of coverage you want when you make your reservation. You can then choose to pay for the insurance when you pick up the rental car or add it to your rental agreement and pay when you return the car. It’s important to carefully read the terms and conditions of the coverage to make sure you understand what is covered and what is not.

Conclusion

Budget Car Rental insurance is an important part of renting a car and can provide peace of mind while on the road. Their basic “Liability Insurance” is included in the cost of your rental but they also offer additional coverage such as Collision Damage Waiver (CDW) and Personal Accident Insurance (PAI). The cost of their insurance depends on the type of coverage you choose and the length of your rental and can range from $7 to $30 per day. It’s important to make sure you understand the terms and conditions of their coverage before purchasing additional insurance.