Tedmus Insurance Services

TEDMUS TIP:

Here is another great tip from Tedmus Insurance Services.

RENTING AN AUTOMOBILE ABROAD:

Whenever you rent an automobile abroad, the rental agency offers you two optional insurance coverage’s:

1)      Liability coverage, covering your responsibility for injuries and property damage you cause to others

2)      Vehicle damage coverage, covering your responsibility for any damage to the rental car (similar to the CDW)

Virtually all automobile polices sold in the U.S do not provide coverage outside the United States, its possessions, and Canada. Therefore, I’d advise you to buy all the coverage you can from the rental agency in the country you’re visiting, including liability coverage for injuries and property damage. Make sure to get the vehicle damage coverage for damage to the vehicle being rented. 

There is an exception though. If you have a personal umbrella policy, you’re probably protected worldwide for liability. I’ve never seen an umbrella policy that did not provide world wide coverage. To be safe, have your umbrella policy agent confirm this fact before you decline other types of international coverage. Even with this policy covering the liability, you’ll still want to get the vehicle damage coverage from the rental agency.

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