No matter where you live, your standard car insurance policy will normally cover you in all 50 states and Canada. Your policy won't cover international travel outside of Canada. Sometimes it might be better to rent two cars. For example, if you rent a car in Europe, you might want to rent a car for the left in England and another for the right in France.
Carrying a rental car on a ferry and driving a car with the steering wheel on the wrong side due to traffic can confuse you. When you rent a car, the rental company can offer you collision coverage in the form of a loss damage waiver, also known as a collision damage exemption, at an additional cost. Technically, these exemptions do not offer insurance coverage, but rather indicate that you are not required to suffer collision damage to the vehicle. The rental company may also offer a theft exemption that can be combined with collision damage exemptions.
If your car insurance policy includes collision coverage, you may already be covered for collision damage to your rental car. No, your personal car insurance policy generally won't cover your car while it's rented through a car-sharing service. In some states, your insurer may even deny you coverage if you rent your car. If you are thinking of renting your car on a peer-to-peer rental network such as Turo, you will probably need to take out the insurance offered by the rental service.
Don't cancel your personal car policy, although peer-to-peer rental services often require that you also have your own car insurance. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees, and charges) and policy obligations are the sole responsibility of the insurance insurer. The PAA and Progressive are not responsible for the choices of insurers or coverages, the policies issued, the claims, the content or operation of other people's websites, or how others handle or use your information. Many countries allow you to rent a car and drive legally with your U.S.
driver's license. Department of State, but they may have other stipulations about who can rent a car. Whether you're planning to cross a border or rent or buy a car abroad, you have many options for getting the international auto insurance coverage that each country requires. Your credit card company may also offer rental car insurance if you use it to pay for the rental vehicle.
Insurers are leftover line companies and are not backed by any state insurance guarantee fund if they become insolvent. Research the countries you plan to visit to learn about each country's specific rental car insurance requirements. Bankrate's insurance editorial team understands that, while affordable premiums are essential, they're not the only consideration when looking for the best car insurance policy. You'll also choose from the insurance offers of the peer-to-peer rental service to get coverage while you rent your car.
We obtain exclusive data from Quadrant Information Services to track trends in auto insurance premiums. Also remember that price isn't the only factor you should consider when buying car insurance. However, keep in mind that the cheapest car insurance company will vary based on your individual rating factors, meaning that the cheapest company for you might not be the cheapest for someone else.