How to obtain a rental vehicle after filing an insurance claim
Following an accident, follow these instructions to make sure you’re insured and receive a rental car from your insurance company.
If your automobile is damaged in a collision and you need a temporary rental car, you can use your insurance. You will either file a claim with your own auto insurance or the other driver’s company, depending on who was at fault for the damage to your automobile.
You can file a claim with the at-fault driver’s liability insurance to fund a rental automobile if the damage to your car was not your fault. If you have rental car coverage, you can file a claim with your own insurer if you were at fault or if the other driver’s insurer is taking too long to respond.
Can insurance cover a rented car after an accident?
Yes, depending on who was at fault for the damage and whether your car is in the shop after an accident, you could be able to acquire a rental car from either your insurer or the insurance of the other driver. To pay for the expense of renting a car, you will need to file a claim with the other driver’s liability insurance or utilize your own rental car reimbursement coverage.
The insurance company of the other motorist would pay you back for the price of your rental automobile if your insurance claim with their insurer is successful. Your rental reimbursement coverage will protect you to the extent allowed by your policy if you need to submit a claim to your own auto insurance provider. Rental reimbursement insurance often has a daily cap and a claim cap. For instance, your insurance might pay up to $1,000 in total or $40 each day. Any other expenses would be your responsibility.
You are not obligated to obtain insurance that covers a rental car, unlike liability and uninsured/underinsured driver coverage. This implies that unless you elected to include rental car reimbursement in your policy, you will only be able to obtain a rental car from your own insurance company after an accident.
Acquire knowledge about what to do in the event of an accident.
How long after an accident will insurance cover a rented car?
It varies. You can only keep your rental using your own policy up to the amount specified in your coverage. Your insurance company might pay $1,000 toward your daily expenses (excluding gas and the security deposit), allowing you to rent a car for 20 days at the rate of $50 per day.
If you weren’t at fault for the collision that caused your car damage, on the other hand, you may sue the at-fault motorist for your entire bill (up to the maximum of their liability coverage). This does not imply that if your regular car was destroyed by someone else, you should rent the most expensive car available. Through leasing a pricey vehicle that you don’t typically drive, you run the danger of your claim being rejected.
How to obtain a rental automobile after an accident through an insurance claim
After an accident, the procedure for obtaining a rental car is dependent upon who was at blame. In the event that another driver is at fault for an accident, you should:
1.Make a claim with the insurance provider of the other driver:
To get a rental automobile after an accident, be sure to exchange insurance and contact details with the other driver. Then, file a claim with their auto insurance company. You’ll have to wait until fault is found at this stage.
2.To utilize your own insurance or not:
If you don’t want to wait for liability to be established, you can either contact your own auto insurance provider to arrange for a rental vehicle (if you have Rent a car on your own or purchase rental car reimbursement insurance).
3.Get reimbursed for your rental:
If the other driver’s insurance company decides that they were at fault, they may be required to pay for your medical bills, your property damage repair charges, and the cost of a rental automobile. Even if you paid for the rental car yourself, the insurance company of the at-fault motorist would still pay you afterwards.
Alternatively, for a temporary vehicle to be covered by insurance if the accident was your fault, you must have rental car reimbursement coverage. In this situation, you have the option of billing your insurer directly for your rental car or paying the cost in full and receiving a later reimbursement from your insurer.
Save all pertinent paperwork if you decide to pay for the car in full up front to make the reimbursement process as simple as feasible later on. But keep in mind that your insurance company will only pay you back up to the limits of your coverage.
How to include compensation for rental cars in your auto policy
It is simple to include a rental car reimbursement endorsement in your auto insurance policy. You may obtain rental car reimbursement from most of the biggest insurance providers, including State Farm, GEICO, Progressive, and others. Additionally, the cost of the insurance is relatively low—normally less than $100 per year.
Although no government agency or insurance provider has the authority to compel you to obtain rental reimbursement coverage, doing so may be a smart idea. It won’t significantly raise your monthly premiums, and it will help you avoid paying for a rental car, which can get very expensive, particularly if your car needs extensive repairs that take a few weeks. However, if you typically have enough money If you have money set away for emergencies, you might be able to forego rental reimbursement insurance altogether.
You can speak with your insurance company and request that they modify your coverage to include a rental car reimbursement endorsement.
Additionally, you won’t have to wait until the date of your policy’s renewal to increase your coverage. Instead, your insurer will charge you for the remaining period your policy is in force after you choose your coverage limits (a maximum of $1,000 per claim, for example) and add rental car reimbursement to your auto insurance.
After an accident, is it possible to add rental car insurance?
In order to be protected, you must elect to include rental car insurance in your policy before you are involved in an accident. Even while you can still get rental car reimbursement insurance after a collision, it won’t cover an accident that has already occurred.
Hope this article will help you to understand about how to obtain a rental vehicle after claiming an insurance. If you are at fault or your car is damaged in an incident that isn’t a collision, like flooding or theft, your rental costs will be paid by your insurance because your policy provides rental reimbursement coverage.
Most insurance companies offer this coverage as an option. Your rental expenditures will be covered if you added this coverage, up to the daily and claim limitations of the policy.