Rental Car Damage provides reimbursement for damage to, or theft of, a rental vehicle during a covered trip.
Rental Vehicle Damage – up to $35,000 per rented vehicle, $250 deductible for loss greater than $2,000.
RENTAL VEHICLE DAMAGE
We will reimburse you, up to the maximum amount shown in the schedule of benefits and subject to the deductible if your rented vehicle is damaged while on a covered trip and such damage is due to collision, vandalism, windstorm, fire, hail or flood, or any cause beyond your control while in your possession, or is stolen. Payment will be made for the lesser of:
a. The cost of repairs and rental charges imposed by the rental company while the rented vehicle is being repaired (i.e. “loss of use” charges);b. The actual cash value of the vehicle; or
c. The deductible you are required to pay before your auto insurance policy will pay.
Coverage is provided to you and your traveling companion, if both are licensed drivers and are listed on the rental agreement.
This coverage is primary to other forms of insurance or indemnity. We will pay first but reserve the right to recover from the insurance carrier(s) of any other party involved in the loss, other than you. We will not take steps to recover from any policy held by you.
If the rental agency does not accept this coverage and requires you to purchase another Rental Vehicle Damage policy, you must contact us or our authorized representative to obtain a refund. Requests received after the rental return date will require a copy of the rental invoice showing the charges for the additional insurance.
Rental Vehicle Damage Exclusions:
In addition to the General Limitations and Exclusions, the following exclusions apply to the Rental Vehicle Damage coverage. Unless otherwise specified below, these exclusions apply to you, your traveling companion, and family member. This benefit will not cover any loss for, caused by, or resulting from:
a. You or your traveling companion violating the rental agreement;
b. Rentals of heavy duty trucks, campers, trailers, off road vehicles primarily used for off-road purposes, motor bikes, motorcycles, recreational vehicles, or exotic vehicles;
c. Failure to report the loss to the proper local authorities and/or the rental car company;
d. Damage to any other vehicle, structure, or person as a result of a covered loss (i.e. liability coverage);
e. The decreased value of the vehicle as a result of the accident and the subsequent repairs;
f. Participation in contests of speed, motor sport or motor racing including training or practice for the same;
g. Gross negligence, or willful and wanton conduct by you;
h. Driving under the influence of alcohol;
i. A rental from any source other than a state or government appointed and licensed agency authorized to rent vehicles (where applicable);
j. Any obligation you or your traveling companion assume under any agreement except insurance collision deductible.
a. Take all reasonable, necessary steps to protect the rented vehicle and prevent further damage to it;
b. Report the loss to the appropriate local authorities and the rental company as soon as possible; and
c. Obtain all information on any other party involved in a traffic accident, such as name, address, insurance information, and driver’s license number.
If your loss is greater than two thousand dollars ($2,000) a deductible of two hundred fifty dollars ($250) will apply.
Rental Vehicle Damage Coverage Proof of Loss
You must provide us or our authorized representative with the following:
a. A copy of the rental contract;
b. A police, accident, or incident report which provides details of the event;
c. A copy of the repair estimate or invoice;
d. Pictures of the rented vehicle damage, including accident scene photos, if available; and
e. Proof of any payments made to the rental agency for the damage.
Rental Vehicle Damage coverage is effective when you sign the rental agreement and take possession of the rental vehicle provided the required cost has been paid on or before the date and time the rental agreement has been signed.
Rental Vehicle Damage coverage will end the earlier of:
a. The vehicle’s return to the rental agency; or
b. 11:59 P.M. on the rental return date.
If you extend the rental agreement, you must also contact us or our authorized representative on or before the rental return date to extend the Rental Vehicle Damage Coverage and pay the additional cost due. Otherwise this coverage will end on the original rental return date.
For purposes of this coverage, the following definition is added:
Exotic Vehicle means a vehicle over twenty (20) years old, or any vehicle with an original manufacturer’s suggested retail price greater than seventy-five thousand dollars ($75,000).
Rented vehicle means a vehicle rented or leased by you for 364 days or less, and for which a rented vehicle agreement is signed by you. Rented vehicle also includes a standard motorized golf cart.