Candace Baker, Car Insurance Writer
@candacebaker
Mercury rental reimbursement pays for the cost of a rental car after the policyholder's vehicle is damaged by a covered cause, such as an accident. Rental car reimbursement insurance from Mercury usually costs less than $10 per month, and drivers can purchase a limit of up to $100 for up to 30 days.
This coverage does not apply to rental vehicles used while the policyholder's car is undergoing routine maintenance. In addition, drivers typically need collision and comprehensive coverage to be eligible. The cost of rental reimbursement coverage may vary by state and coverage limit.
Here's How Mercury Rental Reimbursement Works:
- You add rental reimbursement coverage to a Mercury car insurance policy that includes collision and comprehensive coverage.
- The rental reimbursement coverage kicks in when you file a collision or comprehensive claim and pay your deductible.
- You will pay for the rental car initially, and Mercury will reimburse you later.
In general, rental reimbursement coverage is worth it if you think you are likely going to be in a car accident and need a rental car within the next few years. If not, then you probably won't get much from the coverage, even though it's relatively cheap. To learn more, check out WalletHub's guide to rental reimbursement coverage.
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