DOES PROGRESSIVE COVER RENTAL CARS? All You Need To Know

Questions regarding whether rental car coverage has certain limitations and exclusions that can vary by state and policy. Progressive provides cover for rental cars and also has certain requirements as well as some other policy coverage that needs to be reviewed before agreeing. This post gives a clearer view of such a policy. Also, it is advisable to review your policy or contact Progressive directly for information on any applicable restrictions for their rental car coverage.

Does Progressive Cover Rental Cars?

Progressive does cover rental cars. Progressive offers rental car coverage as an optional add-on to its car insurance policies. If there is a personal auto policy with Progressive that includes liability, comprehensive, and collision coverage, the rental car will be covered under the same limits as your primary vehicle. Progressive provides several coverages for rental cars through its auto insurance policies.

Here is what Progressive covers for rental cars:

#1. Physical Damage Coverage

Progressive’s physical damage coverage protects against physical damage to the rental car. This includes damages caused by accidents, theft, vandalism, or natural disasters. If you have comprehensive collision coverage on your auto policy, this coverage will extend to the rental car.

#2. Liability Coverage

Progressive’s liability coverage applies when driving a rental car. If you cause an accident while driving the rental car and someone else is injured or their property is damaged, Progressive will provide coverage up to the limits of your policy.

#3. Rental Reimbursement

Progressive offers rental reimbursement coverage, which helps cover the cost of a rental car if your vehicle is in the shop for repairs due to an accident. This coverage pays a daily amount towards your rental expenses, up to a specified limit and duration. It provides faster reimbursement for a rental than an at-fault driver’s insurance would.

#4. Personal Effects Coverage

Progressive’s personal effects coverage covers your items if stolen from a rental car. If you have a homeowners, renters, or condo policy, any personal belongings you keep in a rental car should be covered too.

#5. Roadside Assistance

Progressive’s roadside assistance coverage is also available for rental cars. This coverage provides services like towing, battery jump-starting, fuel delivery, lockout assistance, and tire changes in case of a roadside emergency while driving the rental car.

#7. Accident Forgiveness

If you have accident forgiveness included in your Progressive auto policy, it may also apply to rental cars. Accident forgiveness means that your rates will not increase due to your first qualifying accident, even if it involves a rental car.

#8. Medical Payments Coverage

Progressive’s medical payment coverage can help cover medical expenses for you and your passengers in the event of an accident while driving a rental car. This coverage applies regardless of who is at fault for the accident, up to the limits of your policy.

#9. Uninsured/Underinsured Motorist Coverage

This coverage protects you in case you are involved in an accident with a driver who doesn’t have insurance or has insufficient coverage. It can help cover your medical expenses, lost wages, and other damages.

#10. Additional Driver Coverage

Progressive allows for the addition of more drivers to your rental car policy. Other individuals listed on your Progressive auto policy may be covered while driving the rental car. Each driver must meet Progressive’s eligibility requirements and be listed on the policy for coverage to apply.

Progressive Rental Car Requirements

#1. Personal Auto Policy with Coverage

To be eligible for rental car coverage through Progressive, you must have a personal auto policy with liability, comprehensive, and collision coverage. Your primary vehicle must be insured with Progressive and have these coverage types.

#2. Rental Car Reimbursement Coverage

Rental car coverage is provided through rental car reimbursement coverage on your auto policy. This coverage helps reimburse you for the cost of renting a replacement vehicle if your insured vehicle is damaged or stolen.

#3. Add Rental Reimbursement Coverage

You need to add rental reimbursement coverage to your Progressive car insurance policy, which includes collision and comprehensive coverage. This can be done by contacting Progressive or your insurance agent and adding the coverage to your policy.

#4. Limitations and Exclusions

Some limitations or exclusions may apply to rental car coverage. Certain restrictions may apply, such as a maximum daily reimbursement limit or a maximum number of days covered.

#5. Insurance from a Rental Agency

Progressive’s rental car coverage extends to the same limits as your primary vehicle’s coverage. However, if you don’t have a personal auto policy with Progressive or if your policy doesn’t cover rental cars, you may be required to purchase coverage from the rental agency when renting a car.

#6. Coverage Limits

The coverage limits for your rental car will match the limits you have on your primary vehicle.

#7. Reason for Rental

Progressive’s rental car coverage applies when your insured vehicle is undergoing repairs or is not drivable due to a covered incident, such as an accident or theft. The rental car is meant to serve as a temporary replacement during this period.

#8. Approved Rental Car Agencies

Progressive has a list of approved rental car agencies that you can use when renting a vehicle. Progressive has partnerships or agreements with certain rental agencies, which could provide you with additional benefits or streamlined processes. They are legal agencies.

#9. Notification

To initiate the rental reimbursement process, the accident or claim must be reported to Progressive as soon as possible. They will guide you on the required documentation and any other relevant paperwork. Keep copies of all documentation for your records.

#10. Duration of Coverage

Progressive’s rental car insurance is only valid for a specific number of days or a certain period of time. The duration of coverage depends on your policy and the circumstances of the claim. Check your policy or contact Progressive to understand how long the coverage will apply.

Restrictions on Progressive Rental Cars

#1. Limited coverage

There may still be some limitations and restrictions, even if Progressive’s rental car coverage normally matches the coverage limits of your primary vehicle. If your primary vehicle has limited coverage or lower limits, your rental car coverage may also be limited.

#2. State and Policy Variations

Restrictions and limitations of Progressive’s rental car coverage vary depending on the state you reside in and the specific details of your policy. Always contact Progressive directly to understand the specific restrictions that may apply to your rental car coverage.

#3. Geographical Limits

Progressive’s rental car coverage has geographical limitations. It only covers rentals within certain territories or countries. If you plan to rent a car outside of the approved coverage area, you may not be eligible for reimbursement.

#4. Age Restrictions

Some rental car agencies have age restrictions for renting vehicles. Progressive’s coverage may only apply if the primary driver meets the minimum age requirement set by the rental agency. It’s important to check the age restrictions of the rental agency you plan to use.

#5. Licensing Requirements

To be eligible for Progressive’s rental car coverage, you must have a valid driver’s license. If your license is suspended, revoked, or expired, you may not be eligible for coverage.

#6. Intentional Damage or Misuse

Progressive’s rental car coverage does not apply if the damage to the rental car is a result of intentional actions or misuse. This includes reckless driving, racing, or using the rental car for illegal activities.

#7. Excluded Vehicles

Some types of vehicles are excluded from rental car coverage. This can include luxury or exotic vehicles, motorcycles, recreational vehicles (RVs), or commercial vehicles. Check to know which types of vehicles are eligible for coverage.

#8. Pre-existing Damage

Thoroughly inspect the rental car before accepting it. Progressive’s rental car coverage does not cover pre-existing damage to the vehicle. Take note of any existing scratches, dents, or other damages and report them to the rental agency to avoid being held responsible for them.

#9. Non-Compliance with Rental Agreement

If you fail to comply with the terms and conditions of the rental agreement, such as returning the vehicle late or driving outside of the permitted areas, Progressive’s rental car coverage may not apply.

#10. Policy Add-Ons

Rental car reimbursement coverage is an optional add-on that you can include in your policy. Check if you have this coverage included in your policy or if you need to add it separately.

What Insurance Do I Need To Rent Out My Car?

When renting out your car, it is important to have the appropriate insurance coverage. Personal auto insurance may cover rental activities, but confirm with the insurance provider. If personal insurance does not cover rentals, you may need commercial auto insurance. Rental platforms or companies may offer insurance coverage. Supplemental liability insurance and a personal umbrella policy are additional options to consider. It is advisable to consult with an insurance professional or your insurance provider for personalized guidance based on your location and rental platform.

How Much Is A Rental Car?

The cost of a rental car depends on the location, car type, rental company, and duration of rental. The prices can range from as low as $14 per day for cheap car rentals in the United States to an average daily cost of $93 to $115. This is for major rental companies like Alamo, Avis, Budget, Enterprise, and Hertz. The average weekly rental price for bookings made well in advance can be around $513 to $589. These prices are approximate based on various factors. To get the most accurate pricing, start a reservation with the rental car company.

Do I Need Additional Insurance For A Rental Car In The USA?

In the USA, the need for additional insurance when renting a car depends on your existing coverage and personal preferences. While your auto insurance may already provide coverage for rental cars, review your policy or contact your insurance provider to confirm. Rental car companies also offer their insurance options, but carefully review their terms and consider the cost-effectiveness compared to your existing coverage. Some credit cards may provide rental car insurance as a benefit, so check with your credit card issuer. Assessing your existing coverage, personal risk tolerance, and the specific terms of your rental agreement will help determine if additional insurance is necessary.

Do Rental Cars In The UK Include Insurance?

Yes, rental cars in the UK include insurance coverage. Third-party Liability Insurance is a legal requirement and is usually included in the prepaid price of all car rentals in the UK. Cross-check the specific terms and conditions of your rental agreement to understand the extent of the coverage provided. Additionally, you may have the option to purchase additional coverage for things like damage to the rental car or theft protection.

Can I Lease My Car To Someone?

Yes, you can lease your car to someone. Leasing your car to another person allows them to use the vehicle in exchange for payment. Always consider the legal and financial implications of leasing your car and any potential insurance requirements or restrictions that may apply. Consult with an attorney or leasing professional to ensure that you understand the legalities and responsibilities involved in leasing your car to someone else.

Can I Rent Out A Financed Car?

Review your financing agreement to ensure it allows for such arrangements if you want to rent out a financed car. Other vital actions include informing your lender and verifying your insurance coverage. You can get more advice by becoming familiar with local rules and ordinances, creating a thorough leasing agreement, speaking with legal counsel, or financing your business. The details could vary, so it’s essential to consider exceptional circumstances and seek specialized assistance.

Conclusion

Collision and comprehensive coverage may be required for certain rental car reimbursement options. Progressive may cover the cost of a rental car while your vehicle is being repaired after a covered incident. An auto insurance policy with Progressive covers rental cars with the same coverage limits and deductibles as the primary vehicle. If there is any comprehensive collision coverage on your auto policy, it will be protected against physical damage to the rental car. If there is no personal auto policy, you will be required to purchase liability coverage through the rental car company. Also, some credit card companies may provide insurance coverage if you use your card to pay for the rental car.