Differences Between Basic & Full-Coverage Car Rental Insurance at Enterprise

Enterprise provides several insurance options for renters.

Enterprise provides several insurance options for renters.(Photo: Joe Raedle/Getty Images News/Getty Images )

At the time of publication, Enterprise offers renters the option of purchasing personal accident insurance. This insurance provides coverage for accidental medical expenses, accidental death and the ambulance expenses for the renter and all passengers. The benefits are paid out in addition to any other insurance coverage held by the vehicle renter and underwritten by either Empire Fire And Marine Insurance Company or Empire Indemnity Insurance Company, notes the Enterprise website. The price of the insurance policy is charged as a daily rate and varies by location.

The supplemental liability protection insurance plan covers the renter and any other authorized driver up to a $1 million limit for liability claims from a third party. Enterprise provides third party liability coverage to its minimum financial limit and then Empire Fire and Marine Insurance Company covers the renter up to the $1 million limit. Like all other Enterprise insurance offerings, supplemental liability protection is not required

and is charged by the day, with prices varying by location.

For travelers renting an Enterprise vehicle at an airport location, personal effects coverage is included with the personal liability insurance plan. The coverage protects the rental car driver, any other authorized drivers and all immediate family members traveling in the vehicle against risks associated with loss or damage of personal effects.

The damage waiver offered by Enterprise is not considered insurance.The waiver allows Enterprise to reduce or waive any fees associated with the loss or damage to the rental car while in the renter's possession. The damage waiver is not required to rent a car and may overlap with a renter's existing insurance plan. The cost of the damage waiver varies based on the type of vehicle rented and the rental location.

Drivers renting a vehicle may not need to purchase Enterprise's insurance options to be fully covered by insurance. Most comprehensive auto insurance plans and select credit card companies cover rental car damage, though drivers should contact their insurance or credit card company before making a decision.

Category: Auto Insurance

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