Does Progressive Cover Rental Cars?

Understanding the specifics of your auto insurance coverage is crucial, especially when it comes to rental cars. One of the major providers of auto insurance in the U.S. is Progressive, known for its wide array of coverage options. This article aims to explore Progressive’s policies pertaining to rental car coverage. We’ll delve into the extent of the coverage provided, conditions under which it applies, and guide you on how to file a claim should the need arise. The information here will help clarify the nuances of Progressive’s rental car insurance, aiding you in making informed decisions about your coverage needs.

Rental Car Coverage: The Basics

What rental car coverage generally includes

Rental car insurance typically includes several types of coverage. Here’s a general breakdown:

1. Collision Damage Waiver (CDW)/Loss Damage Waiver (LDW): This is not traditional insurance, but rather a waiver that says the rental car company will not come after you for collision costs in case the rental car is damaged or stolen. There may be exclusions, so it’s important to read the terms and conditions.
2. Supplemental Liability Protection (SLP): This provides extra liability protection for costs associated with damage or injuries to other people or property if you’re at fault in an accident.
3. Personal Accident Insurance (PAI): This covers medical costs for you and your passengers if you’re involved in an accident.
4. Personal Effects Coverage (PEC): This coverage protects personal belongings that are stolen from the rental car.
5. Roadside Assistance: Some rental car companies offer roadside assistance coverage for emergencies such as a flat tire, lockouts, and towing.

It’s important to remember that these coverage options can vary depending on the rental car company and the country in which you’re renting. Additionally, you may already have some of these coverage types through your personal auto insurance policy or credit card benefits. Always read the terms and conditions carefully and check with your own insurance provider or credit card company before opting for additional rental car coverage.

Importance and benefits of having rental car coverage

Having rental car coverage can provide several key benefits and serve as an important safeguard in certain circumstances. Here are a few reasons why it’s crucial:

1. Financial Protection: In the event of an accident or theft, having rental car insurance can save you from having to pay out of pocket for repair or replacement costs.
2. Peace of Mind: Knowing you’re covered can make your rental experience more relaxing and enjoyable. You won’t have to worry about potential accidents or incidents impacting your finances.
3. Personal Effects Coverage: If your personal belongings are stolen from the rental vehicle, rental car insurance can provide coverage, which your regular auto insurance might not offer.
4. Gap Coverage: Rental car companies may charge fees for “loss of use” (when the car can’t be rented out while it’s being repaired) and diminished value (the reduction in a vehicle’s value after an accident). Many regular insurance policies don’t cover these charges, but some rental car insurance does.

Remember, before purchasing rental car insurance, it’s important to check your existing auto insurance policy and any coverage provided by your credit card company to avoid buying unnecessary coverage. It’s also crucial to understand the details of any rental car coverage you consider, as policies and protections can vary widely.

Progressive’s Rental Car Insurance Policies

Progressive’s auto insurance coverage extends to rental cars under certain conditions. Here’s an overview of Progressive’s rental car insurance policy:

1. Extension of Personal Auto Policy: Progressive’s personal auto insurance policy typically applies to rental cars in a similar way as it does to your personal vehicle. This means that whatever coverages you have in your policy—be it liability, collision, comprehensive—will extend to the rental car, subject to the terms of your specific policy.
2. Rental Reimbursement Coverage: Progressive also offers optional rental reimbursement coverage. This comes into play when your insured vehicle is in the shop for repairs as part of a covered claim. This coverage, however, does not apply when you rent a car for vacation or other personal needs—it’s strictly a coverage to help when your own vehicle isn’t usable due to a covered loss. Progressive will contribute up to $40 to $60 towards the cost of your rental, for a maximum of 30 days, if you add rental reimbursement to your policy. When you purchase the add-on, you specify particular rental car reimbursement limits. For instance, Progressive will pay up to $30 per day for your rental but not more than $600 per claim if you select $30 per day/$600 per loss as your rental reimbursement limits.
3. International Rental Coverage: Progressive’s coverage for rental cars may not be consistent outside the United States. If you’re planning on renting a car abroad, it’s important to contact Progressive to understand how your coverage may apply. You can use this link if you have an insurance with Progressive and you need to report a claim.
4. Potential Exclusions and Limitations: Progressive’s coverage typically does not extend to rental cars that are being used for commercial purposes, including ride-sharing services. Additionally, certain fees that may be charged by the rental company, like administrative fees or “loss of use” fees, may not be covered by your insurance.
5. Claims Process: If you’re in an accident while using a rental car, you would file a claim with Progressive the same way you would if you were driving your own vehicle.

Some people find it confusing and believe that rental car insurance is comparable to the insurance provided by a rental car agency when you take out a vehicle for personal or professional usage. That is not the case. The cost of Progressive rental car insurance is higher.

Remember, specifics can vary depending on the details of your individual policy, so it’s always a good idea to directly contact Progressive or check their official website for the most accurate and up-to-date information.

Progressive Rental Reimbursement Coverage is Not a Stand-alone Option

Progressive rental reimbursement coverage is designed to pay for a rental car or alternative transportation (like public transit or a rideshare service) if your vehicle is being repaired as part of a covered auto insurance claim. For example, if your car is damaged in a collision and needs several days in the shop for repairs, rental reimbursement coverage can help you afford the cost of a rental car during this period.

However, it’s important to understand that rental reimbursement coverage is not a standalone option. This means you cannot purchase this coverage independently; it is only available as an add-on to an existing Progressive auto insurance policy that includes collision and comprehensive coverage.

In other words, you can’t just buy rental reimbursement coverage by itself if you’re renting a car for a trip or other purpose. The coverage is specifically intended to provide a temporary replacement vehicle when your insured vehicle is undergoing covered repairs and is not driveable.

Also, remember that rental reimbursement coverage has daily and claim total limits, which determine the maximum amount that Progressive will pay per day and per claim for your rental vehicle. These limits can vary based on your specific policy and the options you choose when you purchase coverage.

For the most accurate and up-to-date information about Progressive’s rental reimbursement coverage or other aspects of their auto insurance policies, it’s always best to visit Progressive’s official website or contact a Progressive agent directly.

The Cost of Progressive Rental Reimbursement Coverage

The cost of Progressive’s rental reimbursement coverage can vary greatly depending on several factors. These can include your driving record, the specifics of your main auto insurance policy, where you live, and the chosen limits for the rental reimbursement coverage.

You may be able to add rental reimbursement coverage for as little as $9 in additional premium over the course of your real insurance policy, depending on your state of residence and the complete range of coverage options you have on your current policy.

Rental reimbursement coverage is typically subject to both per-day and per-claim limits. For example, your policy may cover up to $30 per day and $900 per claim for a rental car. These limits can generally be adjusted, which would also impact the cost of the coverage.

You can get a personalized quote for the cost of rental reimbursement coverage by contacting Progressive directly or obtaining a quote through their official website. This is the best way to get accurate, up-to-date information about the cost of adding this coverage to your Progressive auto insurance policy.

10 Reasons to Consider CarInsuRent Car Rental Excess Insurance

1. Zero Deductible – In the event of an accident, you do not want to pay the deductible. Your rental car would also be subject to the high deductible on your auto insurance. Paying for car rental excess insurance and knowing you won’t be responsible for more than that amount may give you piece of mind.
2. Make no claim on your personal insurance. Perhaps you’ve had a claim recently and don’t want your premium to skyrocket. You might want to err on the side of caution and purchase insurance because filing two claims in a single year will dramatically increase your insurance costs.
3. Coverage in Foreign Countries: If you’re traveling internationally, your personal auto insurance policy may not provide coverage. Rental car insurance ensures you’re covered in these situations.
4. Theft Protection: If the rental car is stolen, rental car insurance could cover the cost of the stolen vehicle.
5. Protection Against Vandalism: Car rental insurance can cover the cost of repairs if the car is vandalized.
6. Gap Coverage: Car rental companies may charge fees for “loss of use” and diminished value if their car gets damaged. These charges might not be covered by your regular insurance, but can be covered by rental car insurance.
7. Personal Effects Coverage: This covers the theft of personal items from the rental car.
8. Convenience and Peace of Mind: By opting for car rental insurance, you can avoid dealing with your own insurance company, and you don’t have to worry about your premiums increasing in case of an accident.
9. Coverage in Case of Insufficient Personal Auto Insurance: If your personal auto insurance has a high deductible or low limits, rental car insurance can provide additional protection. If you are renting a pricey car, keep in mind that the amount of coverage provided by your Geico auto insurance is limited to the policy’s maximum. For your enjoyable Corvette rental weekend, you might want to increase your coverage. Check your coverage limits frequently.
10. Coverage for Additional Drivers: If you plan to share the driving responsibilities with someone else during your rental period, rental insurance can ensure that all drivers are covered.

It is important to research and understand the coverage options and costs to make an informed decision that best fits your needs. CarInsuRent car hire excess insurance starts from as low as $6.49 per day* to $94.90 for an annual car hire excess insurance policy. Our policies covers the excess on damage and theft up to €2,500 and provide full protection that Includes single vehicle damage, roof and undercarriage damage, auto glass and widescreen damage, towing expenses, misfuelling, loss of car key and tire damage. We cover multiple drivers between the ages of 21 and 84 years.