Rental Car Reimbursement Coverage: What You Need to Know About Geico

What is Rental Car Reimbursement Coverage?

Rental car reimbursement coverage is an additional type of car insurance coverage offered by most major insurance companies, including Geico. It’s designed to reimburse you for the cost of renting a car if your own vehicle is damaged or destroyed in an accident, or if it’s stolen. This coverage is usually an optional coverage that you can add to your insurance policy. If you’re an existing Geico customer, you can easily add rental car reimbursement coverage to your policy.

How Does Rental Car Reimbursement Coverage Work?

If your vehicle is damaged or destroyed in an accident or stolen, rental car reimbursement coverage will pay for the cost of renting a car while your vehicle is being repaired or replaced. This coverage is usually limited to a specified dollar amount per day, and the amount of coverage you have will depend on the type and amount of coverage you purchase. For example, if you have a $50,000 policy and purchase rental car reimbursement coverage with a $50 per day limit, you will be reimbursed up to $50 per day for the cost of renting a car.

What Does Rental Car Reimbursement Coverage Cover?

Rental car reimbursement coverage is designed to cover the cost of renting a car while your own vehicle is being repaired or replaced. This coverage does not cover damage to the rental vehicle. Your policy will also include a deductible, which is the amount of money you must pay out-of-pocket before your insurance coverage kicks in. This deductible will vary depending on the type and amount of coverage you purchase.

How Much Does Rental Car Reimbursement Coverage Cost?

The cost of rental car reimbursement coverage will depend on the type and amount of coverage you purchase. Generally, the more coverage you purchase, the more expensive the coverage will be. Geico offers a variety of coverage options, so you can choose the coverage that best meets your needs and budget.

Does Geico Offer Other Types of Insurance Coverage?

Yes, Geico offers a variety of insurance coverage options, including collision, comprehensive, and liability coverage. Geico also offers a variety of discounts, including military and student discounts, to help you save money on your car insurance.

Conclusion

Rental car reimbursement coverage is a great way to protect yourself in the event that your vehicle is damaged or destroyed in an accident or stolen. Geico offers a variety of coverage options to meet your needs and budget. If you’re an existing Geico customer, you can easily add rental car reimbursement coverage to your policy.