It is required by law to purchase auto insurance before we can drive our own car. But, when it comes to rental car, do you know if there is a need for us to buy a new auto insurance policy for the rental car?
Yes, it is necessary to have auto insurance coverage whenever you drive a car, whether your own car or a rental car.
But, it not necessary means that you need to buy rental car insurance when you rent a car. It is because depending on whether you rent the car for business or pleasure purpose, your own car insurance policy may be enough to cover for the rental car. If your comprehensive and collision insurance deductibles apply to a rental car, then you will be covered on your personal auto insurance policy. And in the event it is enough to cover, then you won't need to buy an additional rental car insurance. If you are not sure whether it is sufficient, check and confirm with your auto insurance company.
In the event that you don't have a car insurance policy or if your car insurance is not enough to cover the rental car, then, there is no other way out for you: you definitely need to purchase an auto insurance policy to cover the car rental.
There are two different types of rental car insurance available on the market when it comes to renting car: rental car counter insurance and non-owned auto liability insurance. The difference between the two are you need to purchase rental car insurance whenever you rent a car whereas a non-owned auto liability insurance will be a yearly policy, meaning, you buy it for one whole year. So, if you buy a non-owned auto liability insurance, then you won't need to purchase rental car insurance when you rent the car. If you are renting car frequently, buying a non-owned auto liability insurance would be cheaper compare to paying rental car insurance whenever you rent the car.
The coverage provides by a non-owned auto insurance policy covered you when there is damage to someone’ else car, passengers or to people walking in the street who have been injured as a result of the accident. The other benefits from this policy is under-insured and uninsured coverage and medical expenses occurring to you or the car passengers.
Please take note that non-owned auto liability insurance does not provide collision coverage and you will need to purchase it from the car rental company when you rent the car. Collision coverage is what you use to pay for damages occurring to your car in the event of an accident with another car, object or if the car rolls over in such an event.
However, if you are paying your rental cost using credit card, then you might want to take advantage of the free collision coverage provided by credit card company. Most credit card company provide this coverage free of charge if you charge the rental cost to the card. So, check out your credit card company to confirm that they do provide this coverage free of charge before you make the rental charge.
Monday, June 30, 2008
Sunday, June 22, 2008
How to Buy Cheap Auto Insurance
When you are looking at buying cheap auto insurance in Chicago, you need to recognize the facts that there will be more than one factors used to determine the premium cost of your Chicago Auto Insurance. It is always a very difficult jobs when comes to the ways to get cheap auto insurance because it varies from people to people due to the many factors used.
Therefore, it is necessary for you to understand the various factors used in deciding your Chicago Auto Insurance so that you get able to get around it and get a cheaper quotes.
The following are some ways that you can used to get a cheaper car insurance in Chicago, we hope that they will help you.
1. Get Quotes from Different Auto Insurance Companies
Why we listed this as the number 1 points is because all the auto insurance companies are doing their business online. It is very simple to get auto insurance quotes from all of them and do some comparison. This way probably will take up quite sometimes but, that's definitely worth the effort as the potential savings can be a couple of hundreds dollars. So, why not do it?
2. Check the Types of Discount Available
Every auto insurance companies have their own types of discount scheme. It can be some kinds of bundled insurance like buying both home and auto insurance together; it can be discount if your car have sufficient anti-theft devices; or maybe buying all your auto insurances together from the same insurer if you have more than one car; and many others.
If you don't know, ask your insurers. Find out what they have to offer and see if it fit into your needs. Normally, there will be some discounts when you have protection devices, things like, air bags, anti-lock brakes, anti-theft device, auto locking.
3. Eliminate Duplicate Coverage
Most of us have life and health insurance and there will be some overlapping area that is not necessary as they mean more cost on our part. You need to go through your existing life and health insurance, find out which area are already covered and if it is no necessary to repeat them in your auto insurance, remove them so that you can save up some of the additional cost. Some example of the most possible repetition are medical and personal accident.
Another area to look into is car towing. If you are already with AAA, then towing coverage in your Chicago Auto Insurance is not necessary as AAA covered car towing.
The three ways mentioned above looked minor, but, if you do your maths and sum up the various items, it may be quite a substantial saving on your premium. It is never too troublesome to be cautious and find out how you can get cheap auto insurance in Chicago.
Therefore, it is necessary for you to understand the various factors used in deciding your Chicago Auto Insurance so that you get able to get around it and get a cheaper quotes.
The following are some ways that you can used to get a cheaper car insurance in Chicago, we hope that they will help you.
1. Get Quotes from Different Auto Insurance Companies
Why we listed this as the number 1 points is because all the auto insurance companies are doing their business online. It is very simple to get auto insurance quotes from all of them and do some comparison. This way probably will take up quite sometimes but, that's definitely worth the effort as the potential savings can be a couple of hundreds dollars. So, why not do it?
2. Check the Types of Discount Available
Every auto insurance companies have their own types of discount scheme. It can be some kinds of bundled insurance like buying both home and auto insurance together; it can be discount if your car have sufficient anti-theft devices; or maybe buying all your auto insurances together from the same insurer if you have more than one car; and many others.
If you don't know, ask your insurers. Find out what they have to offer and see if it fit into your needs. Normally, there will be some discounts when you have protection devices, things like, air bags, anti-lock brakes, anti-theft device, auto locking.
3. Eliminate Duplicate Coverage
Most of us have life and health insurance and there will be some overlapping area that is not necessary as they mean more cost on our part. You need to go through your existing life and health insurance, find out which area are already covered and if it is no necessary to repeat them in your auto insurance, remove them so that you can save up some of the additional cost. Some example of the most possible repetition are medical and personal accident.
Another area to look into is car towing. If you are already with AAA, then towing coverage in your Chicago Auto Insurance is not necessary as AAA covered car towing.
The three ways mentioned above looked minor, but, if you do your maths and sum up the various items, it may be quite a substantial saving on your premium. It is never too troublesome to be cautious and find out how you can get cheap auto insurance in Chicago.
Friday, June 20, 2008
Welcome to Chicago Auto Insurance
A very warm welcome to you, thanks for visiting Chicago Auto Insurance.
Do you remember those days when internet is still not so popular, and you are looking for auto auto insurance informations or quotes? That is a very tedious and troublesome job, isn't it? We will probably need to go to the auto insurance companies office a few times just to get the auto insurance policy done. But, look at today, things changed. Internet is already the trend and all the auto insurance companies are competing online for customers. Their products and the rates is also very transparent. All you have to do is to spend some times to do research about auto insurance information and you can get all of them readily anytime.
Chicago Auto Insurance is not linked to any auto insurance companies and we are not even selling auto insurance or product to you. We are mainly interested in reviewing auto insurance information and products for the Chicago City. We would write about how to check and take note of when you buy auto insurance; when you knock into someone else car, what are you suppose to do; how to file an auto insurance claim; and of course, also about how to get cheap auto insurance.
As we go along, we will be adding in more articles related to auto insurance and we really hope that this site will help you when it comes to Chicago Auto Insurance information and hopefully, we can see you around soon.
Again, thanks for visiting Chicago Auto Insurance.
Do you remember those days when internet is still not so popular, and you are looking for auto auto insurance informations or quotes? That is a very tedious and troublesome job, isn't it? We will probably need to go to the auto insurance companies office a few times just to get the auto insurance policy done. But, look at today, things changed. Internet is already the trend and all the auto insurance companies are competing online for customers. Their products and the rates is also very transparent. All you have to do is to spend some times to do research about auto insurance information and you can get all of them readily anytime.
Chicago Auto Insurance is not linked to any auto insurance companies and we are not even selling auto insurance or product to you. We are mainly interested in reviewing auto insurance information and products for the Chicago City. We would write about how to check and take note of when you buy auto insurance; when you knock into someone else car, what are you suppose to do; how to file an auto insurance claim; and of course, also about how to get cheap auto insurance.
As we go along, we will be adding in more articles related to auto insurance and we really hope that this site will help you when it comes to Chicago Auto Insurance information and hopefully, we can see you around soon.
Again, thanks for visiting Chicago Auto Insurance.
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