How Can I Save Money On Car Rental Insurance?
A Reader Asks…
I am going to rent a car for 3 to 4 months. I don’t have my own car.
Buying insurance from Rental Company is very costly. How can I save money?
(Scroll down to see responses)
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Tags: Insurance, Money, Rental, Save
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on Saturday, July 25th, 2009 at 1:04 pm and is filed under Personal Finance Insurance.
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July 25th, 2009 at 4:39 pm
Enterprise has long term car rentals, and they’re the cheapest in my area anyways.http://enterprise.custhelp.com/cgi-bin/e…
July 25th, 2009 at 8:28 pm
You will save money simply buying a cheap vehicle and insuring it. Sell it when you are almost done with whatever you are doing and rent a vehicle for the last few days. Your original coverage should extend to the rental. Then it’s just a matter of canceling the policy afterward.
July 26th, 2009 at 3:07 am
You can buy “operator” liability insurance policy from several companies who sells them. But this only makes you “legal” to drive, it will not cover the vehicle you are renting.
This probably save you money,because you only need to buy
“physical damage” coverage from the car rental company, instead of “full coverage”.
Learner
July 26th, 2009 at 7:24 am
Renting a car for that amount of time is also very expensive. But if you are going to rent, you don’t have much of a choice. Only the insurance from the agency will cover the car you are renting.