Yes, Geico offers rental car insurance. Geico rental car insurance is usually included in a driver's personal car insurance policy if the driver carries liability, comprehensive, or collision coverage and is driving in the U.S. Each policy is unique, though, and there may be certain exclusions based on your specific situation. It's important to confirm the details of your policy by calling customer service at (800) 207-7847 before declining additional coverage at the rental counter.
In addition to standard rental car insurance, Geico offers rental reimbursement coverage as an optional policy add-on. It helps pay for the cost of a rental car while your personal vehicle is being repaired for a covered claim. This coverage costs between $2 and $15 per month, on average, but you'll need to call customer service to get a personalized quote and add rental reimbursement coverage to your policy.
Below, we'll examine traditional rental car insurance from Geico in more detail.
Geico Rental Car Insurance Coverage Limits
The same Geico coverage limits that apply to your personal vehicle will also apply to a rental car. If you only carry liability insurance, Geico will pay for the other driver's injuries and property damage after an at-fault accident—but not physical damage to the rental. You need a full coverage policy to have damage to the rental car covered by your insurer.
If you have full coverage and you rent a car of similar value to your personal vehicle, you will probably have sufficient coverage. But if your personal vehicle is a 15-year-old Ford and you decide to rent a brand-new Lexus, you should look into extra coverage options.
Ways to Supplement Geico Rental Car Insurance
If you don't feel confident about your coverage levels when you're at the rental desk, consider purchasing a Collision Damage Waiver (CDW) from the rental company. In the event of a collision or theft, the waiver ensures that the rental company will be responsible for the costs.
In addition to a CDW, rental car companies offer a few other types of insurance if you don't have enough coverage with your Geico policy. These include supplemental liability protection, personal accident insurance, and personal effects coverage.
You should also look into whether your credit card has rental car insurance as part of its benefits. This extra layer of protection could help bridge any gaps in coverage for your rental car. Bear in mind, however, that purchasing insurance from the rental company nullifies any coverage you would get from your credit card.