Lorraine Explains: Does your car insurance cover a rented vehicle? — via drivingdotca Insurance
. If you’re renting a vehicle in Mexico or any other country, you have to purchase the insurance offered by the rental company. If you’re driving into Mexico, you have to purchase insurance for your vehicle at the border! Your Canadian policy will not cover you there,” says Arnold. Pay very close attention to who is legally allowed to drive your rental, and list anyone who might be. There is a weight restriction on your personal policy of 4,500 kg on rental vehicles, as well.
a rental with an MSRP of $85,000 or more — as prices climb, that doesn’t represent as much vehicle as it used to.Article content Arnold notes that the turbulence in the automotive industry over the past three years has changed the recommendations she makes to her clients. “Theft is a huge issue now and because of a lack of inventory, when people go to purchase a replacement vehicle, they may have to wait months.” Most insurance replacement vehicles are for 30 days, which means either added expense or mooching from friends or family..
If a rental vehicle is on your radar for any reason, call your broker and ask how to make yourself bulletproof in the eventuality of anything.
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