Is rental car insurance necessary?

When you go to rent a car, you will probably be offered an option to get rental car insurance. Ideally you don’t legally need car insurance if you already have your own insurance policy. A non-owned policy if you don’t have your own car can come in handy although it mostly depends on your situation. You can also consult a Fred Loya Insurance agent in this regard.

Rental auto insurance that covers basic liability requirements for the state or territory you’re visiting is usually pretty cheap. Whatever state you are visiting the factors that should affect your decision to buy the rental car insurance are more or less the same. The Fred Loya Insurance agent also told that the rental car insurance rates aren’t typically high but they are a substantial income source for rental car agencies.

Since you would need to be covered to the extent of the minimum liability requirements of the state you are travelling in but even if you have minimum liability coverage it won’t protect the car you’re driving unless you have additional protection. So this Fred Loya Insurance agent also told that you should be sure of what kind of rental insurance you want.

Filed By: SSG