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How to Insure Rental Cars in the States

How to Insure Rental Cars, Car insurance for Rental Cars, Supplemental Liability Insurance, Personal Protection Plan, Loss Damage Waiver

What could be more comfortable than an ordinary car? That is why America has a very well developed car rental service. However, even for rental cars, car insurance is mandatory in the USA. In this article, we will talk about it and it will help to choose car insurance for visitors to USA.

Insurance Cost In America

In the price list, many car insurance companies indicate only the base price and not the full cost of the rental. This often shocks people who see the end price of the discussed insurance. It may be a few times higher than it was said at the beginning.

When you arrive for the car, you will be offered an impressive list of different insurances. Technical and medical assistance in the United States is expensive. If you do not have insurance, then you will be fully responsible for any consequences. Therefore, it is essential to choose both high-quality and inexpensive insurance for a rented car. And you should know about the optional services, which are provided by companies. Next, we will talk about them.

1. Loss Damage Waiver, LDW

Formally, this is not insurance. This document only helps a driver if the car was damaged by someone else when the driver was not inside. Also, it helps when the car gets stolen. The document applies only to the rental car, and nothing more. Before paying for LDW, check with your credit card company if they already provide such a service. Large financial companies such as American Express automatically provide LDW when paying for a car rental with their credit card. A similar service is provided to holders of platinum cards. If no one provides you with such a service, then it is highly advisable to purchase LDW from a car rental company.

2. Supplemental Liability Insurance, SLI

This insurance covers other property that could be damaged by a rented car. This insurance also covers damage or death to other people affected by the accident, except you and your passengers. This insurance should be issued. Usually, payments on it reach up to 1 million dollars.

3. Personal Protection Plan, PPP

This insurance covers you and your passengers and allows you to cover the costs of treatment, emergency medical care, or expenses associated with death. Usually, this type of insurance can additionally insure some property located in the car against theft or damage in the event of an accident. If you are not Americal but just a tourist, you most likely do not need to apply for PPP.

Hidden Margins of Car Insurances

If you are under 25 years old, then when you order a car, get ready to pay more. If you also indicated a second driver, then you will also have to pay extra for him or her. In some cases, when specifying the second driver, the whole process can be very delayed, since they may decide to check for a driving history of that driver as well. Therefore, it is very important to choose the right private company that will value your time to get insurance.


More on this topic:

What Happens If My Car’s Been Totaled and I Still Owe Fees?

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