When your car is stolen or gets damaged in an accident, repair or recovery cost is only part of the story. Without another vehicle available, your only recourse might be to rent one. The good news is that you could buy rental car coverage to pay some of the cost; in fact, your policy might already include it.
The standard Personal Auto Policy offers a coverage called “Rental Car Benefit”. You must agree to and buy the coverage for it to benefit you when you need it.
The same applies if you have purchased Comprehensive coverage along with rental car benefit. The policy pays up to the limit per day of rental car coverage you purchase. Options typically include $30, $40, or $50 per day, up to a maximum dollar amount. This coverage may also apply to a vehicle such as a friend’s car or a rented pickup truck.
Time limitations apply. The insurance stops paying at the end of the period of time reasonably required to repair or replace the vehicle.