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Rental Car Reimbursement Coverage
Rental car reimbursement coverage is a type of coverage that is offered with many car insurance policies. When a driver is involved in an accident and his or her automobile has been damaged, he or she will probably need to rent a car to drive until the car has been repaired. This is precisely why this type of coverage is offered with many auto insurance coverage policies.
How Rental Car Reimbursement Coverage Works
Coverage on your auto insurance policy can pay for more than just bodily and property damages. With rental reimbursement coverage, it will also help cover the costs of renting a car. When your car has been damaged in a collision, or if it has been stolen, the coverage helps with the cost of renting a car while your car is being repaired or replaced.
In most states, rental car reimbursement coverage is available when you purchase your auto insurance coverage. It will help greatly to reduce the amount of stress that follows any car accident. It is a good idea to consider the varying costs of different sizes and styles of vehicle that are available to rent when you choose how much rental coverage you want to purchase with your auto insurance.
You can generally add rental car coverage to your auto insurance policy for only a few dollars per month. Considering that a rental car may cost up to $100 per day and the average repair time for a vehicle after an accident is more than two weeks, this type of coverage is usually well worth the small investment.
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