But if you have a 230,000-mile Chevy Spark and rent a luxury SUV, you may be underinsured. Yes, Liberty Mutual offers car rental insurance. If you already have a personal car policy with Liberty Mutual that includes liability, comprehensive and collision coverage, this insurance will likely be extended to cover your rental car. If you only have liability insurance with Liberty Mutual, physical damage to the rental vehicle will not be covered.
If you rent cars frequently, it might be more efficient to purchase liability insurance for rental vehicles from another source. If you have collision and comprehensive insurance with Liberty Mutual, it will normally cover any damage that occurs to the rental vehicle itself during the rental period. If you don't have enough coverage through Liberty Mutual to cover your rental vehicle, you can take out insurance with your car rental company or see if your credit card company offers it. If you don't have either type of coverage, you can take out personal accident insurance through the car rental company.
However, your Liberty Mutual comprehensive and collision coverage limits may not be high enough if you rent a car worth much higher than your personal vehicle and the car is completely liquidated. You can talk to a Liberty Mutual customer service representative at 1 (800) 290-8711 to see if your personal policy extends to your rental car. However, you may already have rental car insurance through your current insurance coverage or credit card. Your Liberty Mutual car insurance should cover your rental as long as the vehicle is worth similar to what it already has.
If you didn't do any homework before renting the car, you can opt for collision damage exemption (CDW) at the counter to be safe or, better yet, save money by taking out affordable insurance from a third-party provider before leaving the rented car park. If your personal car is insured and you pay your rent with a credit card, you can probably skip the optional coverage offered at the rental counter. Liberty Mutual car insurance rates are based on your driving record and experience, along with factors such as the type of car you drive, your zip code, your insurance history, and more. Car rental companies also offer other types of coverage, such as loss and damage exemptions, roadside assistance, and personal accident insurance.
Remember that your Liberty Mutual car insurance will only cover up to the limit of your own vehicle's policy. Liability insurance for rental vehicles does not protect you or your rental car against collision damage, car theft, loss of personal effects, or injuries. Two claims in one year can significantly increase your insurance rates, so you may want to exercise caution and purchase insurance.
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