When it comes to car rentals, it is such a fun fit, especially if you do not have a car. You can easily explore some interesting locations or move freely from one place to another without worrying about bus schedules or other details of public transportation. Sometimes, while having fun driving, questions like, Do I buy insurance for the rental company? arise. It’s okay to have this question because, with driving, the unexpected may happen sometimes. In this article, you’ll find an answer to one major question everyone who gets a rental car has, Does Erie Insurance Cover Rental Cars?
Rental Car Insurance: Need it or Not?
Stay aware of the excitement of renting a car. Check out what insurance options are available. This is a breakdown of what rental companies offer:
- Collision Damage Waiver (CDW): They protect you financially if you damage the rental car.
- Loss of Use (LOU): It covers the rental company’s lost income while the damaged car is repaired.
- Liability Coverage: It is similar to your car insurance, it covers injuries or damage you cause to others with the rental car.
If you are unsure if you should buy rental insurance, the main reason is the peace of mind that comes with it.
What to know before you use a rental company’s insurance
These are some things to take into consideration:
- Understand the coverage: You should ask how the rental company’s insurance works and what you’d be responsible for if you need to make a claim (deductible, fees).
- Talk to your insurance agent: Find out if your auto insurance covers you while renting a car, including liability, collision, and comprehensive coverage. This varies by policy.
What are the things to consider when getting insurance?
Before you get that insurance, let’s discuss some important information you should know:
- Multiple Drivers: If others will drive the rental, your insurance may not cover them.
- Personal Belongings: Theft from the car might be covered by the homeowner’s or renter’s insurance, not auto insurance.
Does rental car insurance cover car accidents?
Renting a car after an accident can be an unexpected expense. While some auto insurance policies offer a rental car premium, many people don’t want to add it when they buy their policy.
Thankfully, with ERIE insurance, basic renter coverage is usually just included if you have full coverage. This means that if your vehicle is inoperable due to fire, theft, or other advanced credit card situations, you will be charged for a full-size rental car.
However, if your car needs repairs from a collision, you’ll need additional “car coverage” and coverage in your plan, which can cover the cost of a rental car. This add-on allows you to choose the rental car you need, from a small sedan to a minivan or even a specially equipped car.
Does Erie Insurance Cover Rental Cars?
Yes, Erie insurance covers rental cars even if the rental car is involved in an accident. They will ensure the process is stress-free. Their rental car insurance covers a lot of options based on your needs.
Erie understands that being stuck without a car after an accident can seriously disrupt your routine. That’s why they work on making it easy to add rental car expense coverage to your auto policy. This valuable protection helps cover the cost of a rental vehicle while your car is being repaired. The best part of Erie Insurance is that rental coverage is less than the price of a single day’s car rental.
Types of rental cars Erie insurance covers
There are six essential classes of car rentals, each presenting specific sizes and passenger capacities. They include:
- Class 1: Small Car (4 Seats): Cars like Nissan Versa or Toyota Yaris. They are great for solo travelers or quick errands, but challenging for families with lots of stuff.
- Class 2: Standard Sedan (5 Seats): Cars like Chrysler 200, Ford Fusion, or Chevy Impala. It’s comfortable for most families and offers more trunk space than a compact.
- Class 3: Small SUV/Pickup (5 Seats): Cars like the Ford Escape or Chevy Colorado. Perfect for extra luggage or travelers who need more legs.
- Class 4: Minivan/Mid-Size SUV (6-7 Seats): Larger options, such as the Chrysler Town & Country or Jeep Grand Cherokee. Ideal for large families or packed road trips.
- Class 5: Luxury Sedans/Large SUVs (6 Seats): Consider a Cadillac DTS or Chevy Tahoe. It offers high levels of comfort and plenty of space but comes at a high price.
- Class 6: Accessible Vehicles: Contact the rental company for information on vehicles specially designed for people with disabilities.
Conclusion
Does Erie insurance cover rental cars is one of the many questions a rental car owner has. Yes, Erie insurance covers rental for a price not up to the standard rental car price of a day. If you are considering saving yourself from an unexpected cost due to an accident or other unforeseen circumstances, check out Erie Insurance.