In Canada, you must have at least third party liability insurance to drive a rental vehicle. The minimum requirements vary by province and territory. Typically, the minimum liability insurance limits will cover damage to property and bodily injury, but this isn’t enough to cover the costs of a serious accident. To ensure that your rental car is properly covered, some rental car companies offer supplemental liability insurance. This type of coverage is not mandatory, but it is still recommended.
Some rental car insurance policies offer extra coverage for your personal effects. If you are a road tripper or are traveling on business, the personal effects coverage is important. Roadside assistance coverage is also beneficial if you’re in a vehicle crash. In any case, you should make sure to research rental car insurance rates before purchasing coverage. This will help you save money and make the most informed choice. You can also check out the terms and conditions of rental car insurance policies before purchasing them.
Using your credit card to pay for rental car insurance can be advantageous. Many card companies offer rental car insurance for their customers. Chase Sapphire Preferred, for example, offers reimbursement for damage to rental cars due to collision or theft. While this may be helpful for some people, it can’t cover everything. You will have to pay for additional insurance separately. This can easily double your rental car bill. As with personal auto insurance, your coverage might be limited to specific areas.
Using your credit card for rental car insurance is a great idea if you’re traveling on a business trip. Not only does it save you money on rental car insurance, but it can also help you avoid deductible payments and rate increases. Many business credit cards offer rental car insurance and are worth considering if you’re planning to rent a vehicle. However, it’s important to keep in mind that the best rental car insurance has primary vs. secondary coverage.
Loss damage waiver (LDW) is an optional coverage that can save you money on rental car insurance. The best rental car insurance will cover any damage to the rental car in the event of a car accident or an unexpected medical emergency. It will cover your medical bills, but it may also include a provision for accidental death and other personal injuries. You should check with your insurance provider to determine which coverage is right for you. If you don’t know, you should consult your personal car insurance provider.
Personal accident insurance is an important part of your rental car insurance. It will pay for your medical bills and personal property if you are at fault in an accident. Personal injury insurance will cover medical bills for you and your passengers. Personal accident insurance is available in your auto insurance or personal health insurance. If you aren’t sure which type of insurance is right for you, call your insurance agent. There are many companies out there that offer insurance for rental cars.