Before you step up to the rental car counter, you should know how much insurance coverage you need. If you own Progressive auto insurance for your primary vehicle, the good news is that you're also covered for rental cars. The caveat is that this coverage extends to the same limits of your personal auto insurance policy.
Your Progressive car insurance covers rental cars to the same limit. That means if you drive a brand new Audi and rent a compact car, you're good to go. But what if you own a 2004 Kia Rio with 170,000 miles and want to rent a full-size sedan loaded with the latest features? That's where you might be under-insured.
What to Know About Progressive and Rental Cars
Your Progressive auto coverage limit is the same for your primary vehicle and rental cars. So if you own an old beater, you might not have sufficient coverage on your insurance for a rental car, which will likely be newer and more valuable.
Didn't do any homework before you rented the car? You may want to opt for the collision damage waiver (CDW) at the counter to be safe—or better yet, save money by purchasing inexpensive insurance from a third-party provider before driving off the rental car lot.
6 Reasons to Buy Car Rental Insurance
Even when you have a good level of coverage, sometimes it's better to purchase additional rental car insurance. Such circumstances include:
You don't want to pay the deductible in the event of an accident. If the deductible on your auto insurance is high, it would apply to your rental car, too. It may give you peace of mind to just fork up for car rental insurance and know you won't pay end up on the hook for more than that amount.
You don't want to make a claim on your personal insurance. Maybe you recently had a claim and don't want your premium to explode. Two claims in one year can raise your insurance rates significantly, so you may want to err on the side of caution and buy insurance.
Your own coverage is spotty. If your Progressive auto policy isn't comprehensive, you might want to buy the CDW. If you have skimpy health insurance, you might want to pick up personal accident insurance. If you don't have liability coverage, you may want to buy that.
Your coverage limits are low. If you'll be driving in an unfamiliar area or bad weather and nervous about possible damage to the vehicle, you might consider either raising your coverage levels or picking up additional coverage from the rental car company or a third-party provider.
You're renting an expensive vehicle. Remember, your Progressive auto insurance will only cover up to the limit of your own vehicle's policy. You may want to beef up coverage for a luxury rental. Always be sure to check your coverage limits.
You're renting in another country. With Progressive, you're covered for rental cars in the US and Canada. If you're traveling outside these two countries, you'll need to purchase supplemental insurance. (Mexican rentals require extra insurance anyway.)