My last blog post dealt with whether you could hold a rental car company responsible for accidents caused by drivers of rental cars in Florida. This blog post deals with the insurance you need to protect yourself if you rent a car.
As discussed in my last blog post, rental car companies used to be responsible for injuries caused by the negligence of the drivers of their vehicles. Thus, if you rented a car and you were negligent and injured someone, the injury victim could pursue a claim against the rental car company-a known “deep pocket.” That is no longer the case. Nowadays, the rental car company is usually off the hook for injuries caused by drivers of their vehicles. Due to this, it is more important than ever to make sure you are properly covered if you rent a vehicle.
If you own a car, your personal policy will generally cover you when you rent a car in the United States or Canada. If you have good coverage, which includes healthy limits for bodily injury liability and property damage liability, then you probably don’t need the additional coverage offered by the rental car companies. Your bodily injury liability coverage will protect you if you are at fault and you injure someone else. Your property damage liability coverage will protect you if you are at fault and you damage another vehicle. If you have comprehensive and collision coverage, that will usually cover any damage you cause to the rental vehicle itself. In the event you have a deductible, if you charge the rental to a credit card that covers rental cars (many do), then the credit card company will usually cover your deductible.
When is it wise to purchase the insurance offered by a rental car company? Continue reading