Rental Reimbursement Coverage Explained

Another coverage you have the option of purchasing is rental reimbursement coverage.  Rental reimbursement coverage allows you to rent a vehicle and have your insurance  policy cover the payment when you’re in an accident. In this blog post, I am going to go  through some of the things you should think about before renting a vehicle or paying for  rental reimbursement insurance coverage. 

What is Rental Reimbursement Coverage? 

When you rent a vehicle, there is a good chance that the rental car company will offer you  some form of rental car coverage. The additional rental car coverage is basically an  insurance policy that protects the rental car while you’re driving it when your vehicle is  getting repaired. Rental reimbursement coverage can be used if your vehicle is non  drivable due to an accident. Coverage is broken down into two parts. The first part is the  amount that the insurance company will pay per day for the vehicle that you are renting.  When you rent a vehicle from a rental car company, they charge you per day for the vehicle and the different vehicles have different prices depending on the type of vehicle  that you rent. An economy car may cost you around $30 a day while a luxury car may  cost you around $50 to $100 a day. The second part of the coverage is the total amount  of insurance a company will pay when a person rents a vehicle. Remember, your  insurance company is not going to pay for claims that exceed your policy’s limit. You can  typically choose where to rent a car. However, some insurance companies work closely  with certain car rental providers. If you rent a car from a provider that has decided to  partner with your insurance company, the rental car provider may send a bill directly to  your insurance company. If not, you may need to pay upfront for the rental vehicle and  then request reimbursement from your insurance company. If you are not at fault for an  accident and the other persons insurance company accepts liability, this coverage will  pay for transportation expenses such as a rental car or public transportation fare while  your car is being repaired after a covered car accident claim. It does not apply if your  vehicle needs routine maintenance work or if you need to rent a car on vacation. Get you  in a rental when your vehicle is not drivable or when it goes to the shop for repairs.  

Speak to our Accident Attorney in Miami Today! 

At Suarez & Montero, our team of car accident attorneys in Miami will work with you every  step of the way, offering the expert legal guidance you need to win your lawsuit. We will  take care of all legal matters that relate to your claim and develop the best legal strategy  for your individual case to ensure the successful recovery of your damages. This includes  determining the economic and non-economic compensation you’re entitled to, identifying  who should be held liable for your injuries and damages. We will not rest until we have  developed and presented the most persuasive argument possible, and ensure you  receive fair and just compensation for your damages. If you have been injured in a motor  vehicle accident, you have the right to file a personal injury lawsuit against any  responsible parties. Depending on the situation, the driver, owner, or manufacturer could  be liable. Our legal team of Miami car accident lawyers have decades of experience  handling car accident cases. With an extensive understanding of the laws involved, we  can make sure you’re fully compensated for any medical bills, pain and suffering and  other damages you may have experienced. Unlike other firms that handle cases in other  areas of law in addition to their personal injury section, our firm is 100% dedicated to  helping victims in personal injury cases and has been doing so for over 19 years. If you  or someone you love has been involved in an accident, contact us today for a free  consultation. 

We serve clients throughout Florida including those in the following areas:  

Miami-Dade: Aventura, Coral Gables, Doral, Fontainebleau, Hialeah, Homestead,  Kendall, Miami, Miami Beach, Miami Lakes, North Miami, Tamiami, and Westchester. 

Broward: Fort Lauderdale, Hallandale Beach, Hollywood, Pembroke Pines, and Weston;  and Palm Beach County including Boca Raton, Lake Worth, and West Palm Beach.