Do I Need Insurance to Rent a Car?
Picture this: you’ve planned a fabulous vacation–the fights are secured, the hotel is booked, and all you need now is a rental car. You may be wondering, do I need insurance to rent a car?
The answer depends on a few factors, such as your personal auto insurance policy and the rental car company’s policy. Keep reading to find out if your car insurance covers rental cars and learn how to help keep yourself financially protected while renting a vehicle.
Do I need insurance to rent a car?
Many car rental companies do not require drivers to show proof of auto insurance to rent a car. However, for those who don’t have car insurance, rental companies often provide options to add insurance coverage through their company. Even if rental insurance isn’t required, it is strongly recommended. If you get into an accident while driving a rental car without insurance, you will generally be responsible for paying for all damages out of pocket – and typically on the spot.
So, the answer to your question “Do I need insurance to rent a car?” is no. You can rent a car without purchasing insurance.
However, if you don’t have the means to cover expenses in the event of an accident, it’s best to insure the vehicle through the rental company. Typically rental companies offer multiple types of coverage, such as loss damage waiver (LDW) or collision damage waiver, liability coverage, personal accident insurance, and personal effects protection.