YouTube Tuesday – Rental Car Insurance

Posted & filed under Car Insurance, Rental Car Insurance.

Anyone who’s ever rented a car has been confronted with a decision at the rental counter: Do you purchase car insurance being offered by the rental agency? Some consumer advocates say “no”, and point out that your personal car insurance or coverage provided by your credit card company will cover most (if not all) insurance needs on a rental vehicle.

However, the insurance landscape is changing when it comes to car rentals. In this video, the Insurance Information Institute gives you an overview of the types of coverage available from car rental agencies, and what may (or may not) be covered by your own insurance.

The bottom line? Don’t wait until you’re signing papers at the car rental counter to make a snap decision without some advance knowledge. Check with your insurance agent and credit card company before you leave on your trip.