Nationwide rental car insurance is typically included in your personal car insurance policy if you carry liability, comprehensive, or collision coverage and are driving in the U.S. Each policy is unique, though, and there may be certain exclusions based on your specific situation. It's very important to confirm the details of your policy before declining additional coverage at the rental counter.
For most Nationwide policyholders, the same coverage limits that apply to your personal vehicle will also apply to a rental car. If you only carry liability insurance, Nationwide 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 get damage to the rental car covered by your insurer.
If you rent a car similar in value to your personal vehicle, you probably have enough insurance. But if your personal vehicle is a 15-year-old sedan and you decide to rent a new luxury car, you should look into extra coverage. That's because the limits you've chosen for your personal policy may not be sufficient to cover damage to a more expensive rental car. One option to rectify that is to get a collision damage waiver (CDW) from the rental counter, which leaves the rental company responsible if the car is damaged, vandalized, or stolen.
In addition to a CDW, rental car companies offer a few other types of insurance if you don't have sufficient coverage with your personal policy. These include supplemental liability protection, personal accident insurance, and personal effects coverage. But the insurance offered by the rental company often duplicates coverage drivers already have through health, life, and auto insurance.
You may also have rental insurance from your credit card company, which is nullified if you purchase the rental company's coverage. But if you don't have insurance at all or have a bare minimum policy, additional protection from the rental company might be worth considering.
Finally, it's worth noting that Nationwide also offers rental car reimbursement coverage, which helps pay for the cost of a rental car while your personal vehicle is being repaired for a covered claim. If you add rental reimbursement to your policy, Nationwide will pay a fixed amount per day toward the cost of your rental for a set number of days. Since you select your rental car reimbursement terms when you purchase the add-on, the best way to find out how much this optional coverage costs and confirm your policy details is to call customer service at 1-877-669-6877.