This is a dangerous LPT because I worry it will lead drivers to use rental cars without any liability insurance. New comments cannot be posted and votes cannot be cast, More posts from the LifeProTips community. There are 3 different types of insurance offered by rental car companies in Canada. The coverage for the car and the 3rd party liability amounts were both significantly better. Driving rules in cities and on highways; 7. If you have a $500-1000 deductible and your insurance doesn't cover loss of use, then you might consider paying an extra $100 so that you don't have to worry about any of that. The LDW (loss-damage-waiver) covers the car, and that's what is often covered by premium credit cards. Extra liability insurance for car rentals in Ontario. Thanks for spreading the word! That is absolutely fantastic. Ride-sharing Ride sharing car insurance is designed for part-time drivers who use their own vehicles to carry passengers. Press question mark to learn the rest of the keyboard shortcuts . ITT: people who don't understand the difference between liability insurance and rental car damage waivers. Liability coverage is what protects you if you are at fault in an accident and cause damage to another vehicle, personal injury to other people, or property damage. That's usually because the optional collision damage waiver … You and authorized drivers are covered while driving the rental car within the United States and Canada, but only if the car is rented in the U.S. Coverage does not apply in Mexico. That said, it’s a good idea to check with an insurance advisor like I've looked around for resources explaining what our best options are to purchase insurance for the 8 days of our trip specifically for a rental car. It Is then up to you to make the claim with your credit card company. However, one morning, we came out of our hotel in very cold weather, and the windshield was cracked. Credit card rental car insurance often excludes coverage for liability or personal injury to you or others. Read this guide and feel safe declining it (plus check out the best credit card rental car insurance in Canada). The coverage provided by PAI-PEC may duplicate the renter's existing coverage. This answer varies, depending on your insurance company and policy. Learn more. Your policy will usually cover it, but it's a pain, and a claim, and sometimes a deductible, and it often doesn't cover the rental car company's loss of use (rentals that they can't realize while the car is being repaired), that you are responsible for. I wanted to take a rental car from Toronto and drive down to US to meet a few friends. How rental car insurance works. General Rules and Tips for Driving a Rental Car Across the U.S. / Canada Border. Things to consider when choosing your rental car; 3. Answer 1 of 8: Does anyone know of any legitimate third party rental car insurance that Canadians can buy for rental in Canada ? They may also not cover all car types, so if the rental company tries to give you a lower end Audi/BMW/Mercedes etc. Go check with whoever insures your own vehicle as well. I'll check, New comments cannot be posted and votes cannot be cast, More posts from the PersonalFinanceCanada community, Continue browsing in r/PersonalFinanceCanada, Press J to jump to the feed. Whether it's rental car liability insurance, a collision and loss damage waiver, or any other type of rental car insurance – you may already be covered. May still work out if you're in a province that still has public insurance. Just check each car’s terms and conditions to see if your age would make any difference. So, it really is a choice you have to make on what is worth more to you. Posted by 1 year ago. That means they will pay to provide a rental vehicle but you are still responsible for the condition of that rental. I used in on a trip to Seattle earlier this year. ". I'm curious as to what insurance companies you guys recommend and where I could get the best bang for my buck. As a former employee of a car rental business I can tell you there are both sides to this. sometimes by the time the credit card company reimburses you there is already interest that has built up on the monthly balance. That is essentially redundant with what rental car companies call a Loss Damage Waiver or Collision Damage Waivers. A new immigrant to Canada is grateful a Go Public investigation has helped him recover almost $4,000 Enterprise Rent-A-Car charged to his credit card for damage he says he didn’t cause. So now the question is if I get miles credited for charges incurred from an accident. We both have travel insurance through our jobs but neither cover car rentals abroad. How the fuck do I check this. Below are general items that apply any time you are going to take a rented vehicle across the U.S. / Canada border in either direction. There are plenty of places that rent cheap older models for around 200$ USD for the week, which is really appealing since I'm under 25 and we would be avoiding those gouging ''Under 25'' fees from the major companies. Yes. https://www.avis.com/car-rental/html/partner/visa/visaglobal.html, Note: You don't actually have to use a Visa to get the offer. We don't own a car and therefore don't have car insurance of our own. Most of the time they'll rely on the "similar car" rule. At least from my experience in the US/Canada. My insurance company says I am covered. Here's some context: -Male, 24, no insurance history, G Driver. Log In Sign Up. Car insurance professionals recommend adding a rental car endorsement to fully extend your benefits to cars that you rent. damage to the vehicle during an accident. After all the hassle and taking the financial hit, we no longer decline CDW. Give a little push back on that and most of the time they'll cave. Currently, we offer our customers Damage Waiver, Personal Accident Insurance, Personal Effects Coverage. The main benefit of buying the rental companies coverage is that it will be much less of a pain in the ass if anything happens. Insurance companies will often classify your vehicle as a compact, midsize, fullsize, sports car, truck, etc and direct you to rent something in the same category. You can do without the LDW/CDW if you pay for the car rental with a major credit card. I knew that they come with liability insurance, but yesterday I was surprised when I asked Enterprise how much coverage there is, and they said $200,000, which isn't very much for a serious accident. Hey guys, I'm currently shopping around for a new car insurance plan as I recently upgraded to a new (to me) truck. I thought I was being clever by always declining the CDW and using my credit card that offered rental car coverage. Answer 1 of 5: We are renting a car in Vancouver,BC and driving to Seattle. The only sources I've ever heard of for this coverage are credit cards and personal auto policies. Rental car insurance in Canada. Watch out for any possible additional fees! Optional car rental insurance. EDIT : I've looked at countless insurance companies but failed to find a temporary rental insurance available in Quebec. Seems like they both cover damage caused to a rental due to a collision, and that I must waive the insurance offered by the rental agency. The car rental insurance coverage provided by the card is basic and similar to the other no-fee cards. Press J to jump to the feed. Best Car Insurance Rates in Canada? Can I book a one-way car rental? Do you really need that expensive rental car insurance they sell at the counter? Press J to jump to the feed. For example, in B.C. We have this in MB ( public car insurance though). Another thing that your insurance company/credit card company might not cover is what's called "loss of use." But note, many debit cards do NOT offer this coverage. Available as an add-on optional coverage to a Single Trip plan or package, Rental Car coverage is perfect for Canadian residents and visitors to Canada. Is that correct, or do I need special insurance on a rental car in Canada… Mine is only up to 30k, anything over thay and I'm liable for it. The people who insure my car charged me a $15 administrative fee + $2 a day - $23 total. Rental car insurance can come from your auto policy, the rental counter, a credit card or an independent company. There are two different kinds of rental car insurance, and I suspect you don't know which one you're asking about. U.S. auto insurance is allowed, so long as the person driving is a tourist and not a resident of Canada. that way i can build history in the meantime and then buy a car Contact your car insurance representative to find out which option is available and the right one for you. This will sometimes be a smooth process but often times is a sticky and drawn out process. Thank you so much for this link. However, those cheap places don't offer insurance and require that you have your own insurance. But if that really is what you're talking about, it's possible that your tenant's / homeowner's policy can add an umbrella liability rider that will cover you. I can confirm all of this. Definitely do the math. Close. This is a popular link in the travel subreddits. 0. That fee (usually refereed to as loss of use) is most often bullshit. I don't have a car insurance since I don't own a car. Often it will cover you for things like collision, but if you damage a rental car, the rental company can change you a fee for not being able to rent it out while it is getting fixed. User account menu. Hi. Most credit cards do not provide liability insurance. The other type of auto insurance is liability, which covers injury to your passengers and third parties. It works the same way with your full coverage personal auto insurance. You may not need the automobile insurance offered by Hertz. Usually this is covered up to a certain dollar amount. That appears to be what you're talking about. Answer 1 of 8: Since my last trip, my credit card issuer discontinued the CC I had which provided car rental insurance and replaced the CC with one doesn't (all the ones with rental car insurance are now fee-based) among other losses of coverage. 4. I regularly rent cars in Ontario. In Canada, for example, third-party liability covers all damages to others or equipment, for a rental vehicle, it is possible to subscribe to a “collision damage waiver”, which, as the name indicates, covers the insured person. RENTAL CAR INSURANCE AND OTHER PROTECTION PRODUCTS (CANADA) Enterprise does offer additional protection products that you can purchase along with your rental vehicle. Car Rental Theft and Damage Insurance is included as long as you fully charge your rental to your American Express Cobalt Card. Does anyone have any experience with this situation? Triangle calls it "Car Rental Collision/Loss Damage Waiver Insurance" and Rogers calls it Car Rental Insurance. It was a major hassle that was eventually covered, but the stress and the fact we were on vacation made her say if she could have gone back, she would've bought the insurance. But the rental agency also charged us for lost days of rental for the time it out of commission. Dollar recommends speaking with your credit card company or auto insurance provider to get an accurate understanding of your auto policy coverage, whether or not it covers rentals, and if you would be required to pay a deductible in the event of an accident. Although your car insurance policy will cover your personal vehicle, it may not extend to cover a foreign rental car. Yes, you will need insurance for your car rental in Canada. Interesting. For people who rent cars frequently, this coverage is worth the added cost. In case you’re wondering, Royal & Sun Alliance Insurance Company of Canada are the underwriters. Will my car insurance cover a rental car? I've read through my agreements but am not 100% sure how to interpret it. Be careful with this. I check for our CC policies and they don't offer rental coverage (Tangerine Mastercard and Amazon Visa). No annual fee; 1% unlimited cash back on all purchases There are plenty of places that rent cheap older models for around 200$ USD for the week, which is really appealing since I'm under 25 and we would be avoiding those gouging ''Under 25'' fees from the major companies. So car rental for the under-25s or over-70s can be more expensive – which is one more reason to book with Rentalcars.com, as we work with all the big brands. Our public insurance would be SAAQ though. The answer is often no. Most of what I've found on the web is just advising that rental insurance is not necessary as most people are covered in a way or another, but this is not our case. LPT: Avoid purchasing rental car insurance from the rental agency by checking the terms and conditions of your credit card. Thank you. There were a few others they had that interested me but there was a cap on the value of the car they'd insure. Travel Information. Try that if you can still make it in time. Things to check when picking up your rental car; 6. Unless you're renting a car in Saudi Arabia, or Ireland. I work for a rental car company and often debated the pros and cons of our coverage vs. personal coverage/credit cards. Does My Personal Policy Provide Liability Coverage? Had we been at fault it wouldn't have been covered neither. I am literally using a rental car now on credit card. Which car type to choose in Canada; 5. Temporary vehicle replacement Get access to a rental car to keep you on the road while your car is being repaired or replaced following a claim. Canadian car insurance requirements If you're headed into Canada from the U.S. for a day, a week, or even six months, your own auto insurance policy … It would cost us 12$ more that the cheap places for a newer car that we would pick up directly at the airport. The coverage extends to cars in the U.S. or Canada. Rental Car Protection Insurance. Thanks everyone for your help! 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