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Policies for Rental car Owners

By James Tam on November 13th, 2007

When you drive a rental car, you are responsible for the damage to or loss/theft of the car you rent during the period it’s in your possession. Most personal auto insurance extends liability coverage to rented cars, as a minimum for occasional use. You are potentially liable for any harm you do to another personal sitting in the other car or another person’s property, if you are driving a rental car. A number of insurance companies offer “non-owner” automobile policies, these policies cover you not only when you rent cars, but also if you borrow a car from someone. Policies generally cover you for a fixed term, not per-rental.

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