Rental car reimbursement is a key safety net to ensure that you can continue to conduct your daily business without being affected by unforeseen rental costs in case of an injury which requires your car to undergo lengthy repairs.
What does rental car reimbursement cover exactly?
In general terms when you have a rental car reimbursement condition attached to your plan then you’ll be covered for the costs of renting a car for a period of time so as to protect the loss of one’s own for a temporary period while it’s undergoing repairs. You won’t be covered for other expenses however – for example you’ll have to pay your own fuel costs.
How long can I claim rental car reimbursement for?
Most insurance policies which offer rental car reimbursement will establish stringent limits on how much money you can spend on rental cars in the case of any individual claim and over the lifetime of the policy itself.
That is not normally defined by numerous days but rather as a *money value, so if your policy offers you $500 of per claim coverage and you rent a *vehicle that cost $25 a day then you certainly’d manage to rent it for a maximum of 20 days, in case you rented a car that cost $100 a day you’d be covered for 5 times.
Can I use any supplier for a rental car for my rental car reimbursement?
Many insurers have a deal with a single preferred supplier who’ll provide a discounted rate in return for their company and they may require you to use this provider for the rental car reimbursement if it is fairly practical. (e.g. they have a division that is relatively local to you) and will enable you to work with other providers only when this really is not the situation. Other insurance companies may have more flexible arrangements, if you want to understand how your insurance carrier manages this aspect of the policy – assess your insurance contract.