Travelers 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 Travelers usually costs less than $10 per month, and drivers can purchase a limit of up to $100 per day $3,000 per claim .
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 Travelers Rental Reimbursement Works:
You add rental reimbursement coverage to a Travelers 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 Travelers 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.
Yes, your car insurance covers rental cars, in most cases. Standard auto insurance policies cover car rentals in the U.S., up to your normal policy limits and with your regular deductible, but it’s best to check the details of your car insurance policy to make sure you’re aware of any specific rental car restrictions.
In addition, other policies, like health or home insurance, kick in for certain situations. Your health insurance will usually cover...
The best rental car insurance is a personal car insurance policy. People who already have car insurance for their personal vehicle are usually covered up to their normal policy limits when driving a rental car in the United States. If you don’t have a personal car insurance policy, you can purchase rental car insurance from a third-party provider either directly or through the rental car company. Keep in mind that purchasing the coverage directly is...
No, you do not need insurance to rent a car because rental companies have their own insurance. Rental car companies usually provide minimum liability coverage only, so if you don’t have personal insurance, you’ll probably want to purchase extra rental car insurance through the rental company. If your personal car is insured and you pay for your rental with a credit card, you can probably skip the optional coverage offered at the rental counter.
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