Yes, Geico offers car rental insurance. If you already have a personal car policy with Geico that includes liability, comprehensive and collision coverage, this insurance will likely be extended to cover your rental car. If you only have liability insurance with Geico, physical damage to the rental vehicle will not be covered. If you have a loan or lease for your vehicle, you may need to consider additional car insurance requirements.
The minimum coverage doesn't offer any coverage for damage to your own vehicle, something that lenders often require to protect their financial stake in your car. You'll need to purchase full coverage, including comprehensive and collision coverage. Lenders and leasing companies generally require full coverage and can also stipulate how high your deductibles may be. You can also consider taking out insurance to cover additional expenses, which is designed to pay the difference between the real market value of your new vehicle and the amount of your loan if your vehicle is full.
When you rent a car at the airport or another car rental agency, you will be asked if you want to add insurance to your rental or if you want to exempt it from insurance. However, some auto insurance providers require that you call an insurance agent or company during business hours to file your claim. If you don't have either type of coverage, you can take out personal accident insurance through the car rental company. If you have liability, comprehensive or collision coverage in your Geico policy, they will be transferred to your rental car.
It may give you peace of mind to shell out car rental insurance and know that you won't pay more than that amount. Even when you have a level of coverage, there are times when it's best to buy additional rental car insurance anyway. Every person may have different car insurance needs and preferences, so finding the best car insurance might not be the same for everyone. Read on to learn some basic facts about rental car insurance and whether or not you need additional coverage beyond your personal auto insurance policy.
Or, if you're looking for a new car policy, compare car insurance and find out why GEICO is the right choice. Generally, your health insurance will cover injuries that result from a car accident, and home or renters policies cover items stolen from a car. While you don't need to memorize Maryland's auto insurance laws, you won't be able to buy a policy with limits lower than the state minimum, understand that the state's financial responsibility law could help you decide if you need higher limits. It can be difficult to evaluate the best car insurance in Maryland for your needs if you're not sure where to start.
The first step is to review your car insurance policy or contact your provider to see what type of rental vehicle coverage is already included in your personal auto insurance policy. It can be both a blessing and a curse that your Geico car coverage is the same for your main vehicle and for rental cars.
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