Rentals and Your Cheap Car Insurance

Chances are, you probably know that your cheap car insurance plan covers rental vehicles in the event of an emergency. Perhaps you never took advantage of this offering from your cheap car insurance company, or you never had the need to. However, now, you are starting to wonder how your cheap car insurance company can help you if you need a rental vehicle.Check Your Plan and Policy
When you want to learn specific information about your own cheap car insurance plan, you need to take a look at whether or not car rentals are included in the plan. Most [time-restrict on=”2016-01-19 18:00:00″][/time-restrict]car insurance Texas[time-restrict on=”2016-01-19 18:00:00″][/time-restrict] companies have provisions made if you need a rental car. However, imagine that yours does not and you end up in a situation where you need a rental vehicle. Finding a cheap car insurance company that offers rentals, or altering your current plan, can save you money and stress in the future. You can find a great policy from many insurance websites such as TexasQuotes.com and Everquote.com.

Add Rental Coverage to Your Policy
Let’s say that you find out your cheap car insurance policy does not cover rentals. You should absolutely add rental coverage on, but you may express concerns about the cost even though you have cheap car insurance. Adding rental coverage to your policy protects you if you need a rental vehicle, but this type of coverage does not need to cost you a tremendous amount of money. Therefore, if your current cheap car insurance plan wants to charge a lot to add rental coverage, you can look around for another plan that is more affordable.

When Rental Coverage Applies
You may think that you can just rent a car at any time that you want since you have added this option to your cheap car insurance plan. However, that is generally not how cheap car insurance works. The rental coverage is there in the event that your car is damaged in an accident. Your cheap car insurance plan understands that you need a vehicle to get to work and to other obligations, so the company will cover the cost of the car or help you pay for it. That doesn’t mean you can use your cheap car insurance to pay for a rental when you want to take a random road trip.

Pricing Information
Do not just assume that your cheap car insurance is going to pay for everything. You should determine what exactly your cheap car insurance covers before you end up in the need of a rental vehicle. For example, you are going to have to pay for gas when you have the rental car. You also should find out what happens in the event that the rental car is involved in an accident. Furthermore, you must ask your cheap car insurance company if a deductible applies. On top of that, you should ask what happens if the accident with the original car was your fault. Knowing how all of these situation affect your rental is important to know.

Limitations
Also, you should ask your cheap car insurance company if you are able to rent out any car that you want or if you will have some limited options from which to choose. Not only should you find out if you are limited in type of car, but also in the rental establishment. A cheap car insurance company may require you to rent a vehicle from a particular entity.

Cheap car insurance is great because you can get a rental car if you need one, but you should take the time to learn more about your policy first.