Rental car insurance is similar to ordinary auto insurance in that it covers the car while it is rented. Other alternatives include purchasing supplementary insurance from the rental car business, obtaining coverage through a credit card, or obtaining a separate policy from a third-party agent or broker. However, rental organizations often provide only minimum insurance coverage on their vehicles, which means that if you are involved in an accident, you could be liable for large financial losses. To hire a car, you do not need to have an auto insurance policy. Is it necessary to have insurance when renting a car? That's what the rental businesses are banking on, along with their commissions for selling you insurance. When you're put on the spot, you might not be sure what kind of coverage you already have. If you've ever rented a car, you've probably been warned about the risks of leaving without getting rental car insurance by the salesperson at the counter. Rental Car Insurance: Tips to Buy Car Online
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