Question

What happens if you total are rental car?

Are you responsible for the full cost of the vehicle? Would you simply just have to pay the deductible but have your premiums skyrocket? Or would you maybe be liable for the full cost of the rental car

Dec 17, 2018 Tampa, FL

Answer
Ava Lynch

Dec 17, 2018

The answer will depend on your insurance coverage. If you do not have insurance you will likely be responsible for the cost of the vehicle. If you do have insurance with comprehensive and collision coverage, check with your insurance company. They may cover the damages depending on what your policy states. While it can vary, they will usually extend your collision and comprehensive coverage to your rental vehicle - but not always. If they will cover the damages, you will be responsible for the deductible. If this is the case, I would expect a premium increase after your policy renews. While it can vary, the average premium increase for an at-fault accident in Florida in 2018 was $697. However, you need to think about this value over 3 years - as that is how long much insurance companies will charge you. Over a 3 year period, you should to expect to pay nearly 4k in premium increases. Here is more information on how to file a claim. Good luck and if you have any questions, don't hesitate to ask.

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