Cheap Vehicle Quote, The Costs and Benefits of Rental Reimbursement Coverage
In a sample insurance policy issued by State Farm, for the cost for car rental and travel expenses coverages, the two are purchased together were only $2.80 per month, which covered up to $600 in rental car costs.
So, if you’ve suffered a total loss, you can potentially save yourself from having to pay a rent a car. Rental coverages typically come with a set amount allowed toward renting cars; $25/day or $600 total is the limit of the State Farm policy used in this example.
According to a guide from the Oklahoma Department of Insurance, the general price range for rental reimbursement coverage in that state is between $5 and $46 for $30/day worth of coverage.
Keep in mind that the benefits of rental car coverage do not only kick in after a total loss but could also help you out in a few other situations. If you have to file a comprehensive or collision insurance claim because of damage to your vehicle caused by an accident or vandalism, your vehicle could be in a repair shop for a little while, so this could definitely help you out.