Are You Insured When You Rent a Car in Mesa?
If you're one of the millions of Americans who rent cars every month, then you've probably heard about the risk of being uninsured and over your limit. But what is this risk and how can you protect yourself if you are uninsured and over your limit?
Some things you need to be aware of when renting a car with insurance coverage. If you are driving for hire and do not have the proper insurance, your policy may include a coverage that states you must carry basic liability insurance. That means if you are involved in an accident, your insurance company will pay for the damages, medical expenses, and other expenses you incurred during the accident.
But what about if you have a higher coverage level? What happens if your insurance company does not cover your damages?
Most insurance companies have a minimum amount of coverage that a driver needs to be covered by their policy. With that in mind, if you have a higher coverage level, you will need to make sure that your insurance company has the proper amount of coverage on the policy. If they do not, you could still be liable for the full amount if you are not able to pay it.
If you have a policy that does not have enough coverage, it's important to contact your insurance companies. When you do so, tell them you have a higher deductible, which means you are responsible for paying more money upfront before your insurance will cover any expenses. Some insurance companies will allow drivers to opt out of this coverage; however, this is not recommended because it decreases your coverage.
While you wait for your insurance company to inform you that they need more money before they will take care of your damages, your car will still beat risk. You have less coverage than what your car should have, and even if your insurance company has decided to accept your deductible as the amount you pay for repairs, your car may not be worth as much as it should be.
When you rent a car and have no insurance on your policy, you are leaving your car at risk. You also could wind up with a lower premium or worse, possibly get sued by your insurance company.
The rental company can collect from you any amount that you do not pay for your damages, including court costs and fees that may be involved. They can also use this money to make up for the damages, which can reduce your insurance or increase your premiums.
While many people don't think about their car insurance policy when they rent a car, they should. By taking some extra steps to protect yourself, you could help keep your car out of the wrong hands and lower your car insurance.
With a little planning, you can make sure you don't have to pay more than you owe your insurance company. By asking for all the necessary information before you sign on the dotted line, you could be on your way to ensuring that you are properly protected.
This is why you need to think about whether or not you need to have an auto insurance policy. The right kind of coverage and protection can mean a better experience when renting a car in Mesa.
No matter how good the coverage is on your car insurance policy, you can always ask if you have enough protection. Just make sure you read all the fine print before you sign up for an auto insurance policy, especially if you live in Mesa.