Should You Buy Insurance for a Rental Car?

The Benefit of Insurance for Rental Car

When you rent a car, it’s a good idea to consider buying insurance for it. It’s not always required, but it can provide a lot of benefits should something happen while you’re on your trip. After all, the last thing you want is to be liable for damages that you didn’t cause. Insurance can help you protect yourself and your finances if something should happen while you’re on the road.

Having insurance for your rental car provides you with a sense of security and peace of mind. You can relax and enjoy your trip knowing that you’re covered should anything happen. Insurance can also help protect you from liability if someone else is involved in an accident in the rental car. This can provide you with protection from potential legal costs or liability.

Should You Buy Insurance?

The short answer is yes, you should consider buying insurance for your rental car. It’s always a good idea to be prepared for the unexpected. But it’s important to understand what kind of protection you’re getting and what it covers. Most rental car companies offer two different types of insurance: collision damage waiver (CDW) and liability insurance.

Collision Damage Waiver (CDW)

CDW (also sometimes referred to as loss damage waiver or LDW) covers damages to the rental car caused by an accident. This type of coverage is usually included in the rental car rate, but the coverage may vary depending on the company and the type of car rented. It’s important to check the details of the policy before renting a car.

Liability Insurance

Liability insurance covers damage to other vehicles and property that you may cause while driving the rental car. This type of coverage is not usually included in the rental car rate and must be purchased separately. The amount of coverage you need depends on the type of car you’re renting and the state you’re renting it in. It’s important to ask the rental car company about the coverage they offer and the limits of the policy.

The Bottom Line

Insurance for rental cars can provide you with peace of mind and protection from potential liability. It’s always a good idea to consider buying insurance for your rental car, especially if you’re traveling long distances. Be sure to check the details of the policy before renting a car and make sure you understand what type of coverage you’re getting and what it covers.