Should You Buy Rental Car Coverage?

Travel Insurance

If your vacation plans require a rental car, knowing what your existing insurance policies cover could save you money.


The next time you rent a car and the agent asks whether you want the optional coverages, should you say yes or no? Buying them will add substantially to your car rental costs—if you buy all the additional coverages offered, you’ll add at least $18 to the rental charges per day. Are these coverages worth it? Read on for more information.


The collision damage waiver (CDW) or loss damage waiver (LDW) cost the most of any of the optional coverages, about $10-$25 a day. Although the CDW and LDW are not insurance, they will waive your financial responsibility if a car you rent is damaged or stolen.

When you sign a rental car agreement, you agree to become responsible for any damage to the car. Continue reading “Should You Buy Rental Car Coverage?”

Accident Coverage: Helping Insureds Cope with the Unexpected

Many people think they’re most likely to get injured in a car accident or on the job. But home-related injuries cause nearly 20,000 deaths and 21 million medical visits each year. Unintentional home injuries cost Americans at least $222 billion per year in medical expenses, with an additional $165 billion in medical costs from injuries that possibly occurred in the home. Are your employees financially prepared for the toll an accidental injury can take?

Continue reading “Accident Coverage: Helping Insureds Cope with the Unexpected”

Controlling Emergency Room Expenses

Every year, Americans make 31 million visits to the emergency room for unintentional injuries. Emergency room charges average about $1,200 per visit. Your out-of-pocket expenses could vary wildly depending on the type and severity of injury, where you are treated, and your coverage. Continue reading “Controlling Emergency Room Expenses”