It is common knowledge and by law that we need to purchase auto insurance in order for us to drive our own car. But, what happens when you are not the owner of the car, maybe you are driving a rental car, do you know if we need to buy a new auto insurance policy for the rental car as well?
The answer is yes or no. Yes, it is necessary to have auto insurance coverage whenever you drive a car, so, if you drive your own car, you need to have an auto insurance policy that covered it. But, when it comes to rent car, you might not need to buy an additional auto insurance. Why?
It is because depending on your purpose of renting car, whether it is used for business or pleasure, your own car insurance policy may be enough to cover for the rental car. If your comprehensive and collision insurance deductibles apply to a rental car, then you will be covered on your personal auto insurance policy. So, if it is sufficient to cover, then you won't need to buy an additional rental car insurance. Double confirm with your auto insurance company on this matter if you are not sure.
And of course, if you don't have a car insurance policy or if your car insurance is not enough to cover the rental car, then, you definitely need to purchase a non owner auto insurance policy to cover the car rental.
There are two different types of rental car insurance available when it comes to renting car: rental car counter insurance and non-owned auto liability insurance. The difference between the two are you need to purchase rental car insurance everytimes you rent a car whereas a non-owned auto liability insurance will be a yearly policy, meaning, you buy it for one whole year. So, if you buy a non-owned auto liability insurance, then you won't need to purchase rental car insurance everytimes you rent the car. If you are renting car frequently, buying a non-owned auto liability insurance would be cheaper compare to paying rental car insurance whenever you rent the car.
The coverage provides by a non-owned auto insurance policy covered you when there is damage to someone’ else car, passengers or to people walking in the street who have been injured as a result of the accident. The other benefits from this policy is under-insured and uninsured coverage and medical expenses occurring to you or the car passengers.
Please take note that non-owned auto liability insurance does not provide collision coverage and you will need to purchase it from the car rental company when you rent the car. Collision coverage is what you use to pay for damages occurring to your car in the event of an accident with another car, object or if the car rolls over in such an event.
However, if you are paying your rental cost using credit card, then you might want to take advantage of the free collision coverage provided by credit card company. Most credit card company provide this coverage free of charge if you charge the rental cost to the card. So, check out your credit card company to confirm that they do provide this coverage free of charge before you make the rental charge.
Monday, June 30, 2008
Sunday, June 22, 2008
How To Buy Cheap Dallas Auto Insurance
Buying cheap Dallas Auto Insurance can be very tricky because there are several factors used when it comes to determine the premium of the auto insurance policy. The computing factors will also varies from people to people, that's why it is very difficult to find out the exact way on how to get a cheap auto insurance.
Although it is not easy to determine the easier way to get a cheap Dallas auto insurance, there are a few ways that are commonly used by people when they want to buy cheap auto insurance. We have listed them for your reference and we hope that they will help you in some ways.
1. Get Quotes from Different Auto Insurance Companies
You will never find an auto insurance companies that didn't list their products online. It is so common that if you don't fully utilize it, it's such a waste. Spend some times to go online and do research. Find out the various quotes from all the difference auto insurance companies in Dallas. The potential saving can be a couple of hundreds dollars, so, it is definitely one the better way to get cheap auto insurance.
2. Check the Types of Discount Available
All auto insurance companies will have some kinds of discount scheme available. They may be a bundled insurance scheme, for example, buying both home and auto insurance together; they may be some incentive discount for your to ave anti-theft devices; or maybe just buying all your auto insurances together from the same insurer if you have more than one car; and many others.
We all don't know what scheme they have. So, the logical way is to know. Find out the offers they have in store and then we see if it applied to us. It is quite normal for auto insurance companies to offer discounts when you have protection devices, things like, air bags, anti-lock brakes, anti-theft device, auto locking.
3. Eliminate Duplicate Coverage
Most of us have life and health insurance and without doubts, there will be area which are overlapping. For those, you can consider to remove them as including them in your auto insurance will be most charges on our part. It is advisable to go through your existing life and health insurance, then, find out those that are already covered and assuming that you don't need to have double coverage, then, just remove them from your auto insurance. It will helps to free up some of the cost. You might want to take note that the most common repeat area is health and personal accident.
Another repeat area apart from your life and health insurance is the car towing, which is also being offered by AAA. If you are AAA member, then, that towing coverage is already provided to you, so, it is not necessary to have this coverage in your auto insurance.
The three ways mentioned above will help you to save some insurance cost when you really applied them. Although it is troublesome on your part as you need to do some works and investigation, it is never too troublesome to be cautious when it comes to you Dallas Auto Insurance.
Although it is not easy to determine the easier way to get a cheap Dallas auto insurance, there are a few ways that are commonly used by people when they want to buy cheap auto insurance. We have listed them for your reference and we hope that they will help you in some ways.
1. Get Quotes from Different Auto Insurance Companies
You will never find an auto insurance companies that didn't list their products online. It is so common that if you don't fully utilize it, it's such a waste. Spend some times to go online and do research. Find out the various quotes from all the difference auto insurance companies in Dallas. The potential saving can be a couple of hundreds dollars, so, it is definitely one the better way to get cheap auto insurance.
2. Check the Types of Discount Available
All auto insurance companies will have some kinds of discount scheme available. They may be a bundled insurance scheme, for example, buying both home and auto insurance together; they may be some incentive discount for your to ave anti-theft devices; or maybe just buying all your auto insurances together from the same insurer if you have more than one car; and many others.
We all don't know what scheme they have. So, the logical way is to know. Find out the offers they have in store and then we see if it applied to us. It is quite normal for auto insurance companies to offer discounts when you have protection devices, things like, air bags, anti-lock brakes, anti-theft device, auto locking.
3. Eliminate Duplicate Coverage
Most of us have life and health insurance and without doubts, there will be area which are overlapping. For those, you can consider to remove them as including them in your auto insurance will be most charges on our part. It is advisable to go through your existing life and health insurance, then, find out those that are already covered and assuming that you don't need to have double coverage, then, just remove them from your auto insurance. It will helps to free up some of the cost. You might want to take note that the most common repeat area is health and personal accident.
Another repeat area apart from your life and health insurance is the car towing, which is also being offered by AAA. If you are AAA member, then, that towing coverage is already provided to you, so, it is not necessary to have this coverage in your auto insurance.
The three ways mentioned above will help you to save some insurance cost when you really applied them. Although it is troublesome on your part as you need to do some works and investigation, it is never too troublesome to be cautious when it comes to you Dallas Auto Insurance.
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