I was recently in a fender bender and the other person's insurance accepted liability and is paying for a rental. I of course have insurance on my vehicle. I am in Virginia. I also have rental car insurance through my American Express, but I will not be paying with my credit card since the other person's insurance is covering it. My question is do I need the insurance that enterprise offers. They offer damage waiver and Supplemental liability. If something were to occur I dont want to have to pay anything including a deductible. Are these coverages primary ot secondary? If its secondary it seems pointless.
Look up the definition of a temporary substitute auto on your policy. It’ll be in the front part under definitions.
On a standard PAP, your existing coverage(s) would carry over into this vehicle for a specified period of time.
If you have collision, you likely do not need it. If you DO get it, insurance is not going to pay you for it.
go with the car insurence rental, they have special daily rates that you would not get if you were to purchase out of pocket. If the coverage limit is capped, lets say at $1500 and the daily rate is $35, and you go over the limit due to car repairs taking longer than normal, you would have to pay out of pocket but at the rate your car insurance set the rate as with the rental company. lets say you got a premium vehicle and the rate is $45 a day, and lets say the repairs will take longer than 30 days, and the rate is capped at $1500, you can return the car back to Enterprise and get a different vehicle with a lower daily rate anytime.
I have always gone through Geico for my rental with enterprise and I dont think I ever got or paid for secondary insurance with enterprise while my car was being repaired under my claim. the only draw back is if you get into an accident you have to file a claim with your insurance provider, instead of with Enterprise.
Good point! I didn't think about the rates being different for an individual vs for the insurance company. Thank you.
If you are in an accident with the rental, then your auto policy will likely transfer to the rental. This means that if there is Collision damage to the rental and you have a deductible of « x » dollars, you will still need to pay that deductible.
Insurance offered by the rental vendor is extremely expensive and for the most part would be redundant to what you have through your own auto policy. If you by the claim damage waivers from the rental vendor, then you would not likely have to pay for a deductible. The cost of that CDW is so high, I would suggest that you not buy it and accept the fact that you might owe deductible if the rental is damaged.
Ok that sounds reasonable. What concerns me most is that I have read that the retail company can charge loss of use which would not be covered by my insurance. I have also read that they expect payment immediately and then you get reimbursed from the insurance company. This means that they can inflate the costs but insurance will only pay reasonable and customary costs leaving me to pay the rest. Other than being careful and nit damaging the car how can I protect myself against this? The damage waiver is $30 a day and that will add up quickly if there are any parts needed on back order.
Rental companies tend to negotiate favorable rates with body shops. Remember, there is no guarantee that all of the customers will reimburse them for damages to vehicles.
While they might immediately charge your credit card for the deductible, they are not likely to charge the actual repairs to the card. If they did that, then they would have to pay all those credit card fees.
If an accident occurs, they will likely charge you an admin fee as well as loss of use. While these likely would not be owed in tort, they may be owed because you signed the rental agreement. If the worst happens, just negotiate with them on the admin and loss of use fees.
I still would not pay the $30 per day CDW fee.