Car Insurance While Traveling

Should you buy the insurance coverage on a rental car?

             It depends if your current coverage applies to the rental car. Often it will transfer to a rental car under the same guidelines as your current coverage. However, beware that some rental car companies can charge for lost rental income if a crash takes the car out of operation. Also, the replacement cost of a car might be higher than the market value of the car. To be safe, check with your insurance agent.

 

Will my insurance policy cover me in a different state?

                While insurance requirements vary from state to state, most policies will cover drivers whether in Florida or Washington. Of course if you are moving, make sure to get coverage in your new location.

 

Will my insurance cover me in Mexico, Canada or other countries?

Usually American policies will not cover drivers in Mexico, but will in Canada. As always, check with your agent if unsure.

 

Do I have to report an accident where I hit an animal?

             Yes, this is treated the same as any other accident. In fact, the typical costs of a collision with a deer is about $2000 per incident.

I'm taking an extended vacation or going away for military service.

 

Should I cancel my policy?

                    Most insurance companies will allow military personnel to cancel their policies while serving abroad. For other extended stays away from home, the decision to cancel the policy is a bit more confusing. Canceling a policy may result in higher premiums upon return. Another option is to put the car in storage and get less insurance while away.

 

Will my insurance policy cover other transportation like jet skis, motorcycles, and snowmobiles?

            Normally you will have to get extra coverage for these types. Speak with your car insurance agent.