Auto Insurance Coverage for Rented Cars West Virginia WV
Reader’s Question:
My car is undergoing repairs, so I rent a car here in West Virginia. Do I really need to purchase car rental insurance from the same company where I rent cars, or will my existing auto insurance policy cover for that?
Linda
Charleston, WV
Insuring a rental car can be very confusing for most of us. We do not think much about it until we are behind the counter of a rental car company and is being offered auto insurance coverage for the car we will rent. Most of us buy unnecessary insurance coverage from the rental company just because we are unaware of what our existing car insurance policy covers. This results in thousand of dollars of unnecessary spending.
Before buying rental car insurance, make a call to your local insurance agent in West Virginia. Check on your current coverage. Generally, coverage and deductibles on your own vehicle would apply when you rent another car provided that you are not using it for business purposes. However, if you have removed the collision and comprehensive insurance in your policy, then your rented car will not be covered if it was damaged or stolen.
Another very important thing to do before getting that rental car insurance is to call your credit card company. Most credit card companies provide certain coverage to rental cars. But you need to know what the exact coverage is because the level of card used for renting provides different types of auto insurance coverage. Say for instance, a platinum card may offer more coverage than the gold card.
Knowing all your options in this matter will prove to be financially rewarding in the end, so do not hesitate to call them and inquire as much as you can.
Tags: auto insurance coverage, collision insurance coverage, comprehensive insurance coverage, deductible, rental car insurance
Teenage Drivers Car Insurance West Virginia WV
Reader’s Question:
If my teenage son got into an accident here in West Virginia, will he be covered by my car insurance company even if he’s not listed in my policy?
Bruce
Huntington, WV
It’s good thing you asked, Bruce, You should know that in most cases, it is unlikely that your son will be covered for the accident. One reason for this is that almost all car insurance companies there in West Virginia require you to list all licensed drivers within your household and have them included in your policy. Also, once your son gets his driver’s license, you have to contact your insurance provider and notify them immediately.
So, before letting your son drive, try to consider adding him to your policy or buying him his own car as well as his own car insurance policy. You can look around the Internet for different quotes, so you can compare insurance prices suitable for your teenage son. You might want to think about getting a higher deductible as well if you want to save up on your son’s insurance rates. However, you should also consider if you can shoulder the deductible expenses right from your own bank account should an accident happen.
Choosing the ‘right’ car for your son can also lower the insurance rates that you’re going to pay. The kind of car that you buy has an impact on the prices of your policy. Sports cars may be sleek and stylish, but they are among the top high-risk cars in the market today. And because of the high frequency of accidents involving sports cars, your insurance policy is very likely to increase. On the other hand, an older, bigger and heavier car may be less expensive to insure because it is safer and slower and is also not that flashy (which means that car thieves are unlikely to take interest in it).
Call your local insurance agent for more details about teenage drivers car insurance policy. Shop around for different insurance rates to get the best deal for your son’s policy. Remember that a few extra dollars a month can mean security and protection for you and your family.
Tags: car insurance quotes, car insurance rate, teen, teen insurance