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.
