Rental Car Coverage – An Unnecessary Insurance?

Is Rental Insurance Necessary?Instant insurance quotes are a great way of getting an accurate estimate on how much money you’ll pay out of pocket for quality car insurance. But there are some unnecessary coverages that you can drop which will serve to save you even more money in the long run. One of these is rental car reimbursement.

Rental car insurance kicks in if you’re ever involved in an accident and lose the use of your car while it’s in the shop being repaired, or headed to the junkyard to be totaled. If rental car coverage is included in your policy, your insurance company will pay the cost of rental for a certain period of time until you’re back “on the road” again.

This sounds like a good deal, and you never know when you’ll need it – so why is it an unnecessary coverage? First of all, you’re not going to be outfitted with a Porsche if the car you previously drove was a Geo Metro – you’re going to be reimbursed for something of equal horsepower and value. Second, considering how cheap it is to rent some cars these days you might end up saving money by paying your own way.

If the ability to opt out of rental car reimbursement isn’t an option when you compare auto insurance quotes, be sure to ask about it before you sign on the dotted line. You might be able to come to an agreement with your insurance provider to lower your premium even further than indicated on your instant insurance quote online by eliminating rental car coverage.