Rental Reimbursement Essay
After you have been in an automobile accident the most important step is making sure that everyone involved is OK. An automobile can be replaced, unlike a human life! However, one of the most annoying hassles of car accidents is that your vehicle may be too damaged to drive. If you do not have a secondary vehicle to get you to and from work while your car is being repaired, your accident could cost you even more money because of lost wages or from losing your job. Understanding when you are entitled to a rental car after you have been in an accident is very important and can save you a lot of headaches and money while you are waiting for your car to be repaired.
Who Pays for a Rental?
When You Aren’t At-Fault
If you are in an accident, the …show more content…
If your vehicle needs to go back to the dealership for repairs, there may be a possibility the dealer themselves will lend you a vehicle to use while yours is being fixed. However, in most cases you will need to secure your own rental car.
What is Rental Reimbursement?
Rental reimbursement is an optional coverage that is offered when you take out insurance on your vehicle. This insurance will help to pay for the cost of a rental car if yours is damaged in an accident. While this coverage is not required by law, it is very beneficial if you need a vehicle for work or school while yours is undergoing auto repair. Most insurance companies offer this coverage for just a couple of dollars a month or less.
When Can You Use a Rental Car?
You may need a rental car when your vehicle is damaged in an accident, by severe weather, theft, vandalism or by hitting a deer or other animal while driving. There are a couple of ways that you can rent a car while yours is being fixed. You may be able to rent a car from an approved dealer who will bill your insurance company for you. You may also rent a car and pay for the costs up front, and then submit the receipts to your insurance company for reimbursement. Talk to your insurance claims adjuster to discuss the best option for
Who Pays for a Rental?
When You Aren’t At-Fault
If you are in an accident, the …show more content…
If your vehicle needs to go back to the dealership for repairs, there may be a possibility the dealer themselves will lend you a vehicle to use while yours is being fixed. However, in most cases you will need to secure your own rental car.
What is Rental Reimbursement?
Rental reimbursement is an optional coverage that is offered when you take out insurance on your vehicle. This insurance will help to pay for the cost of a rental car if yours is damaged in an accident. While this coverage is not required by law, it is very beneficial if you need a vehicle for work or school while yours is undergoing auto repair. Most insurance companies offer this coverage for just a couple of dollars a month or less.
When Can You Use a Rental Car?
You may need a rental car when your vehicle is damaged in an accident, by severe weather, theft, vandalism or by hitting a deer or other animal while driving. There are a couple of ways that you can rent a car while yours is being fixed. You may be able to rent a car from an approved dealer who will bill your insurance company for you. You may also rent a car and pay for the costs up front, and then submit the receipts to your insurance company for reimbursement. Talk to your insurance claims adjuster to discuss the best option for