Rental Car Damage Waiver Insurance, do I need it?

One of the most frequently asked questions a personal auto insurance service representative receives is – do I need to purchase the insurance from the rental company when I’m renting a car? The short answer is – yes.

rental car


Whether or not you decide to purchase the insurance is entirely up to you and how much risk you’re willing to take that an accident will, or will not, occur.

Its a common assumption that your personal auto insurance policy will provide all the coverage necessary if an incident does occur. However, that is not entirely true. There are items that your personal auto policy will not cover and will end up costing you quite a bit out of pocket, depending on the severity of the accident.



Depending on your auto policy language, some items that are excluded can include –

  • loss of use of the rental vehicle
  • gap in pricing between vehicle’s value after a total loss
  • administrative fees the rental company incurs

Another advantage of purchasing the damage waiver can be the time saved after an incident. Most rental companies process the claim faster and provide you with a replacement vehicle in a much more timely manor if you have the waiver. Without it, the rental car company has to coordinate the claim with your personal auto carrier and yourself. This can cause more headache for everyone involved.

For more information, please click here to review the top 10 reasons to purchase the rental car damage waiver.

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