What is Replacement Coverage for Insurance?
Simply put, insurance replacement coverage enables you to use a rented vehicle at little to no cost to you, through your insurance provider. This is how it goes: You have the option to select “insurance replacement coverage” when you enroll with an insurance provider to insure your vehicle. If you have this kind of coverage, you won’t have to worry about finding a substitute mode of transportation while your car is being fixed if you have been in a car accident. Insurance replacement coverage makes a stressful period much more tolerable while you enjoy one of our dependable car rentals, regardless of whether you are in a car accident or if your car is stolen.
Replacement Rental Vehicles through Insurance
At Rugged Rental, we think that just because your car is temporarily out of commission, you shouldn’t have to put your life on hold. This is why we rent cars as insurance replacements. Depending on your specific insurance coverage, your insurance provider may cover the cost of reserving an automobile through us for use as a replacement for your vehicle. You can prevent the following by renting a vehicle through Rugged Rental:
- Having to borrow a vehicle from a friend or family based around their schedule
- The time and hassle of depending on others to pick you up on time
- Paying the high costs for ride services on a daily basis
- Having to rely on public transportation and the added time it takes to get to your destination.
When does insurance cover the cost of a rented vehicle?
When your own automobile breaks down or needs to be repaired because of a covered loss, your auto insurance will cover the cost of a replacement rental car if you have rental reimbursement coverage. A claim or incident that is protected by the provisions of your insurance is referred to as a covered loss. Look at a copy of your policy or get in touch with your insurance provider to see what risks it does and does not cover. However, in most cases, if your policy includes rental reimbursement coverage, your insurance will pay for the cost of a rental automobile if your vehicle is out of service because of:
- An accident involving another vehicle
- Damage from weather conditions like hail and wind
- Damage from objects that have fallen onto your car
- Damage from animals, like hitting a deer while driving
- Smoke and fire damage
- Vandalism and theft
When does insurance coverage stop covering a rental vehicle?
You should anticipate having to pay for mechanical repairs, such as normal wear and tear and corrosion, on your own because mechanical breakdowns and other routine maintenance concerns are not covered by auto insurance. Only if your vehicle needs repairs following a covered loss will rental reimbursement pay for the cost of a rental car. In the event that your vehicle is being repaired for the following reasons, you may not be covered:
- Needing new tires
- Experiencing engine failure due to maintenance
- Needing new brakes
- Certain fluid leakages
If your automobile is still covered by the manufacturer’s warranty, which is a promise to pay for some technical repairs should you require them, regular maintenance and repairs might be covered. Warranties are completely distinct from your auto insurance and normally only last for a specified amount of miles or time.
When you are in an auto accident, or your vehicle is in the shop for extensive work, contact Rugged Rental to reserve your vehicle. We make the process of reserving a rental very easy. You can do it online or over the phone with one of our team members. We also speak with your insurance for you, saving you time. Don’t let an accident disrupt your daily life or postpone a weekend trip. Let us get you back on the road in a safe and reliable vehicle.
We also offer rental services for your business needs. Why rent for your business? Vehicle ownership isn’t always the right thing for your business. Here are some things to consider about renting.
No Long-term Commitment: Renting from Rugged provides the flexibility to keep the vehicle anywhere from days to years.
No Capital Investment: Large capital expenditures are not always suitable to your business and situation. Renting provides the option to grow without needing to carry the cost of ownership on your books.
Adjustable Fleet Size
Is your business seasonal? Is your team growing quickly? Renting provides the ability to adapt to the needs of your business.
No Maintenance Concerns: Who doesn’t love dealing with broken down trucks, right? Wrong. No one does. When you rent, we worry about the vehicles and you can get back to running your business.
Lower Overhead: The true cost of vehicle ownership is much higher than the initial sticker price. Carrying a large number of vehicles on your books can really weigh things down. Renting can allow you to change as your business needs change.