The Online Newsletter of Alandale Insurance Agency                              Celebrating 75 Years

Tuesday, June 14th, 2005

  Monthly Newsletter

Volume 5 Issue 1  

 
Advisor Home

                                        

 

"You may not require that extra protection that many agencies are so happy to offer, your auto insurance and credit card may provide sufficient coverage"

What insurance do you need when you rent a car?

When you rent a car, you're routinely offered a loss-damage or collision-damage waiver.  Do you need it?  The answer depends on whether you already have auto insurance and what it covers.  If you have collision and comprehensive coverage, it probably will pay for repairs but may not pay "incidental" rental company costs, such as loss of use, loss of value and claim-processing charges.  Many premium credit cards also will supplement your coverage, but you must use the card to pay for your rental and decline the loss-damage waiver.  To be sure, read the fine print of your insurance and credit-card agreements and ask any questions concerning them before you rent.

We want to make sure you are ready for your summer traveling, contact us and we will be happy to discuss your coverage's with you.

(Article taken from 2002 Parade Magazine)