This is sometimes referred to as Other Than Collision coverage. This covers damage to your car when you collide with another vehicle or object. If you hit a car, a pole or another nonliving object, collision coverage will apply.
Also, keep in mind that bigger cars cost more to rent. One last piece of advice from Mark? To review, rental reimbursement is an add-on to existing auto coverage.
When and how you use rental reimbursement, however, is often contingent on the specifics of your existing policy. If you have collision coverage, for example, rental reimbursement generally helps pay for transportation expenses while your vehicle is being repaired. How much coverage do I need? How expensive is rental car reimbursement insurance?
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Sign up. We try to avoid them, but no matter how safe we drive, what roads we take or where we live, car accidents just happen. Be prepared. Learn what to do after a car accident with this helpful guide. You are about to be logged out due to inactivity. Clicking OK will refresh your session. If you choose to continue you will be subject to the privacy and security policies of the other website.
Grange Insurance cannot guarantee or control the content or security of the other website or that it will protect your privacy. Here are seven things you should know about before buying rental car reimbursement coverage: 1.
There is a limit. Your vehicle must be in the shop due to a covered loss. This is referred to in the industry as a third-party loss of use claim. Check with your auto insurance agent to confirm. Regular rental car insurance can be purchased whenever you want to rent a car for business or personal travel, and is not tied to an insurance claim.
Rental reimbursement coverage pays for rental cars and other forms of transportation, like bus and subway fare. Ashley is a personal finance writer and content creator. In addition to being a contributing writer at Forbes, she writes for solo entrepreneurs as well as for Fortune companies. Through her financial expertise, she provides millennials and young professionals the tools and resources they need to better manage their finances.
Jason Metz is a writer who has worked in the insurance industry since He has a B. Select Region. United States.
United Kingdom. Ashley Kilroy, Jason Metz. Contributor, Editor. Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Was this article helpful? Share your feedback.
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