Rental Car Coverage with Erie Insurance – The Benefits and Costs

What is Rental Car Coverage?

Rental car coverage is an optional insurance policy offered by Erie Insurance that pays for the cost of renting a car if you have an accident or your vehicle is stolen. The coverage is designed to protect you from the financial burden of having to rent a car while your own car is being repaired or replaced after an accident. It also provides coverage for the cost of a rental car if your vehicle is stolen, so you can continue to get to work and other places while your car is being replaced.

What Does Rental Car Coverage Include?

When you purchase rental car coverage from Erie Insurance, it will cover the cost of renting a vehicle while your own car is being repaired or replaced after an accident. This coverage will also pay for the cost of renting a car if your vehicle is stolen. It will also cover the cost of rental car insurance, which is often required when renting a vehicle. In addition, it may also provide coverage for additional living expenses that may be incurred while your vehicle is being repaired or replaced. This can include hotel stays, meals, and other miscellaneous expenses.

How Much Does Rental Car Coverage Cost?

The cost of rental car coverage will vary depending on the coverage you choose and the type of vehicle you have. Generally, the cost of this coverage is very affordable and is typically a fraction of the cost of renting a car. Erie Insurance also offers discounts on rental car coverage for customers who bundle their policies, so it’s worth checking to see if you qualify for any savings.

What Are the Benefits of Rental Car Coverage?

Rental car coverage is an affordable way to protect yourself financially if your car is damaged or stolen. It can help you avoid the financial burden of having to rent a car while your own car is being repaired or replaced. It also provides coverage for additional living expenses that may be incurred while your vehicle is being repaired or replaced, such as hotel stays, meals, and other miscellaneous expenses. In addition, it can also provide peace of mind knowing that you are covered if something happens to your vehicle.

What Are the Drawbacks of Rental Car Coverage?

One of the drawbacks of rental car coverage is that it does not cover the cost of repair or replacement of your vehicle. This coverage is only for the cost of renting a vehicle while your vehicle is being repaired or replaced. In addition, this coverage is not typically included in a standard auto insurance policy, so it’s important to make sure you purchase it if you think you may need it. Finally, this coverage may not be available in all states, so it’s important to check with your insurer to see if it’s available in your area.

Conclusion

Rental car coverage from Erie Insurance is an affordable way to protect yourself financially if your car is damaged or stolen. It can help you avoid the financial burden of having to rent a car while your own car is being repaired or replaced. It also provides coverage for additional living expenses that may be incurred while your vehicle is being repaired or replaced, such as hotel stays, meals, and other miscellaneous expenses. However, it’s important to remember that this coverage does not cover the cost of repair or replacement of your vehicle, and it may not be available in all states.