The Info Park

Posts Tagged ‘Rental Insurance’

Is it necessary to buy Rental Car Insurance even though i have my car insurance policy with me?

November 12th, 2009

css asked:

I have a car and have taken Auto insurance for it.
Now my question is if i take a rental car, then my auto insurance policy for my car covers it or i need to take separate insurance for the rental car? When i took the auto insurance policy, they have taken my car details and its present in the insurance card also.
If i need to take insurance for rental car, what type of insurance do i need to take excluding my auto insurance policy coverage that applies to all cars?
Also if i am driving someone else car, will my insurance cover if there is any accident i have made?

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6 comments »

Posted in Insurance

Tags: Auto Insurance Policy Buy Insurance Car Cover Car Details Car Insurance Policy Cars Insurance Car Insurance Cover Rental Car Insurance Rental Insurance

Am I required to get rental car insurance if I don’t have my own auto insurance?

November 12th, 2009

kiki asked:

I am planning to sell my car and cancel my auto insurance. If I want to rent a car, am I required to buy their rental car insurance, since I wouldn’t have any other auto insurance otherwise?
If I use my Discover card to rent the car, Discover will provide me with a Collision Damage Waiver of up to $25,000. Would that count as insurance?

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11 comments »

Posted in Insurance

Tags: Auto Insurance Auto Rent Buy Insurance Cancel Car Buy Collision Damage Waiver Insurance Rent A Car Rent Car Rental Insurance

How does rental car insurance offered by credit card companies (when you use the card) work?

November 7th, 2009

hedonist asked:

I have credit cards which say they cover me for rental car insurance when I use the card to make the full payment for the rental. How does that work? Are there any catches? Does it make sense for me to get the additional insurance from the rental agency (like Avis)? If I am in an accident, will the Credit Card insurance cover everything or will it also be charged to my regular car insurance company?

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4 comments »

Posted in Insurance, Technology

Tags: Car Companies Insurance Rental Insurance

How long is a insurance company required to give before they cancel your insurance?

November 3rd, 2009

sunny asked:

My insurance called me yesterday and informed me that they would be cancelling my insurance because I have rented my house to a group of students. They gave me two weeks to find new insurance before they cut me off. I’m having trouble finding someone who will insure us. If they cut my insurance, my bank will cancel my mortgage, and I guess that means I’d lose the house. Is this insurance company allowed to drop me in this manner. When we got the insurance two months ago there was nobody living in the house, but it was rental insurance. We never lied or anything, we were completely honest through the whole process.

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