Let’s say your own vehicle has been damaged and you have no choice but to rent a vehicle. Or better yet, you are going on vacation and do not want to put all those miles on your own vehicle. You have found a rental car that will work for you, but what do you say to the employee at the car rental counter when he or she asks you if you want rental insurance coverage?
First, you need to know what coverages are being offered. Typically, there are four separate types of coverage:
Collision Damage – Covers a stolen or damaged rental car, towing charges, and the loss-of-use of the rental vehicle while it is being repaired. [Read more…]