From vacation to moving day: Is your rental vehicle covered?

You arrive at your destination and head to the rental counter to pick up your reserved car. You’re prepared to hand over payment and collect the keys. And then, they ask if you want to purchase insurance. But do you really need it?

Whether renting a car for vacation or a truck for your move, here are some tips to help you answer the insurance question.

On the road to vacation
Rental car companies offer a variety of insurance coverages, but many of them duplicate the coverage provided by your personal auto policy. 

For example, SECURA’s MILE-STONE® home and auto policy already provides liability coverage for rental cars. If physical damage coverage is included on the policy, this also will apply to a rental car, along with loss of use coverage. It's important to note that if you have a Minnesota MILE-STONE home and auto policy, coverage for liability and physical damage is triggered by your auto’s liability without any deductible.

Before traveling, call your insurance agent to confirm what’s included in your policy. That way, you can compare the options offered at the rental counter, select any you may need, and walk away feeling confident.

Renting a moving truck
Insurance coverage for moving equipment depends on the type of vehicle. SECURA’s policy offers liability coverage for rental trailers, pickup trucks, and cargo vans. Physical damage coverage applies for these only if it is included on the policy.

However, while large rental trucks also have liability coverage, physical damage coverage isn’t available, meaning you would need to purchase additional coverage.

Talk to your agent to find out what’s covered when renting moving vehicles, and work with them to determine any additional protection you may need for the rental period. Ask questions to make sure you’re covered for any mishap while moving, including collisions and theft.

Whether or not you decide to purchase the additional rental coverage, it’s most important that you understand your options and make sure you’re adequately covered.