Rental reimbursement helps cover the cost of renting a car while the vehicle is being repaired after a covered accident. It's an option with car insurance policies that's quite affordable and might be worth it for some drivers. Expanded Benefits (EB) are optional first-person coverage that can be added. To get reimbursed for a rental car, you or the at-fault driver must have rental car coverage.
You must also have collision coverage for your carrier to repair your vehicle. For example, if you were driving an SUV, the insurance company can't get away with paying just the rent of a compact car. Because benefits and details vary depending on the insurance policy, it's important to talk to an insurance specialist at Breinholt Insurance Group to make sure you know what's covered and to see if you qualify for this additional service. And Enterprise Holdings, which offers lower car rental rates for people involved in an accident, regardless of their insurance company.
Your insurance company will pay the costs of renting the car and will request reimbursement from the other driver's insurance company. You have the right to choose any car rental service, whether it's a subsidiary of your insurance company or an independent rental agency. If the other driver's insurance company agrees to pay for your rental vehicle, you can usually continue using it until the vehicle is repaired or the insurance company pays you the full value of the vehicle. If the other driver is found to be at fault for your collision, the driver's insurance company will have to reimburse you for the costs of renting the car and other damages.
Then, your insurance company will try to subrogate the other driver's policy to get back what you pay for your rental car. Your insurance company will pay the rental costs of the car and will request reimbursement from the other driver's insurance company. You can talk to an insurance adjuster or even your own insurance company to get reimbursed for a rental car. Then, your insurance company can ask the at-fault driver's insurance company to reimburse you for the amounts you paid, as well as your deductible.
Car rental coverage won't add an excessive cost to your insurance premiums and can help protect you in similar situations. Note 1 The average monthly cost of auto insurance is based on the average monthly premium for policies issued by the USAA for the states listed. If your insurance company is successful, it will reimburse you for any deductibles you had to pay from the at-fault driver's insurance company. To keep your daily limits and your car insurance premiums low, companies often allow you to invest money in public transportation instead of renting a car.