Rental Car Reimbursement is an often overlooked component of an automotive insurance policy. Everybody has a backup plan; a spare car, a parent, sibling or friend with a working vehicle, or the good old fashioned taxi cab for those of us who are made of money.
The best option is to simply carry a rental car coverage with your auto policy, and here's why.
3. IT TAKES FOREVER TO FIND THE PARTS FOR YOUR CAR
Recent events on the world stage have impacted the ability of parts suppliers to... supply parts. Lots of this stuff comes from overseas, and sometimes there just aren't enough starters to go around for your specific model of car. You know what that means: Wait lists. At my agency we have seen repairs that should only have taken a week take over a month, all due to supply chain issues. That's a lot of taxi money, and a lot of favors owed to impromptu chauffers.
2. THE RENTAL CAR IS AVAILABLE WHEN YOU NEED IT
Who wants to be stuck at home and dependent on friends and family to go anywhere? When you're out a car and you're out of milk, that trip to the grocery store becomes a giant hassle and an inconvencience to you and whover you're pulling favors from to get errands done. Unless, of course, it's the cabbie- who will happily bill you twelve dollars for a trip across town.
1. IT COSTS NEXT TO NOTHING
A typical rental reimbursement policy is between ten and twenty dollars... per six months. That's about one online impulse-buy, or one dinner out every One-Hundred-And-Eighty-Days.