Summer is here—finally. I wanted to take the time to give you some information about renting cars and trucks over the summer. Some folks rent a car or van for a summer trip rather than using their own car. It’s ok to do that, but here are some little known facts:
- Most insurance companies cover your rental car if you have full coverage. Full coverage includes bodily injury, property damage, a comprehensive deductible, and a collision deductible.
- If you have never rented a vehicle before, ask your insurance professional what the rules are for your insurance company. Unfortunately, this is one of those areas where every company can be different.
- If you get into a car accident, insurance companies cover your vehicle and any other vehicles involved in the accident up to your insurance limit in most states. That is only true if you have full coverage. What is not known is that if your car was in an accident and was damaged, most insurance companies do not cover the rental fees for the time that the rental car is being repaired. That expense is yours.
- If you do get into an accident and you are unharmed and you can safely walk around the crash area, take pictures of the accident. A picture can sometimes be worth a thousand words.
Renting A Truck To Move
If you are going to rent a van or a truck to move this summer and you are trying to decide if you should purchase the rental companies insurance for that vehicle… I am going to say the answer to that question in most cases is yes! Here’s why:
- As a general rule of thumb, vehicles that have 6 wheels do not qualify as an insurable rental vehicle on your personal automobile policy. Those vehicles are considered commercial vehicles.
- Certain vehicles can be disqualified because of the weight of the vehicle. After a certain weight, some vehicles automatically qualify as commercial vehicles.
In general, remember to treat the vehicle that you are renting as good as you would your own vehicle. I know that this goes without saying, but please remember that your driving record goes with you no matter what vehicle you are in. So, please be careful out there and enjoy this summer.