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Look for terms like "rental car reimbursement," "transportation expense coverage," or "loaner car coverage." These are the magic words that signify your policy might have you covered for a loaner ...
Rental car coverage This coverage helps pay for your rental while your car's in the shop after a covered accident. It can save you $30 to $50 per day in rental costs.
Compare the cost of basic coverage — liability, collision and comprehensive — and additional coverage that you might need to stay safe, like rental car reimbursement, roadside assistance and ...
Keep in mind that rental car insurance is not the same thing as rental car reimbursement insurance. Rental car reimbursement coverage is a coverage type on standard auto policies that pays for the ...
Full coverage premiums are based on, among other factors, the value of the insured's vehicle. This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle.
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Depending on the carrier, other optional coverage types may include roadside assistance, rental car reimbursement, new car replacement and gap insurance. Just like fingerprints are unique, so are ...
Car rental reimbursement: ... USAA. $1,361. $371. $990. Average insurance cost by state ... Otherwise optional add-on coverage selections — like rental car reimbursement and roadside assistance ...