Do you know what is rental coverage?

Question

Do you know what is rental coverage?

Answer 1

RENTAL COVERAGE

Auto insurance coverage for the purpose of paying for the cost of renting a car in the event that the insured’s car isn't drivable (or while the car is being repaired) due to a covered accident. Pays a set amount per day for transportation expenses or car rental while the insured’s car is being repaired.

Answer 2

It can be one of several things - an HO4 policy, or a landlord policy, or even  a CGL policy covering equipment rented to others.

The possibilities are almost endless.

Answer 3

it is insurance to cover your personal belongings so if you are robbed or a fire etc. insurance will cover items damaged or stolen i would strongly recommend it you would not want to lose everything you have and the renter does not have to cover anything unless he is grossly neglent

Answer 4

ya