Rental Reimbursement Coverage:
Many drivers don’t think about the details of their insurance coverage until after they have an accident. They then call their insurance company and file a claim to help pay for car repairs and other expenses such as the cost for a rental car while their vehicle is being repaired.
However, many insured drivers may be surprised to find out that their auto insurance does not automatically cover the cost of a replacement rental car after an accident. Since the average car is in the repair shop for two weeks after an accident, the cost to rent a car can be several hundred dollars. With rental reimbursement coverage added to their policy, drivers can be covered for the cost to rent a vehicle while their car is being repaired.
Rental reimbursement coverage is available for pennies a day, but it is frequently passed up by those who believe they will not have a car accident or those shopping only for the lowest cost premium. The cost of a rental replacement car adds up fast, so even if you don’t have an accident for many years, the coverage pays for itself when you need it most.