What You Need to Know about Rental Reimbursement and Towing Coverage

17 Jun What You Need to Know about Rental Reimbursement and Towing Coverage

What You Need to Know about Rental Reimbursement and Towing Coverage

Rental reimbursement and towing coverage are auto insurance perks that can provide you with peace of mind if you are ever left stranded on the side of the highway. Many people don’t know that their policy includes these benefits. Others often turn them down because they believe it will cause their premiums to go up substantially. Your policy may indeed be a bit more expensive when they are included, but there are ways to offset that additional cost.

Benefits of Having a Rental

After an accident, you may be stuck without transportation for an extended period of time. To prevent that, being able to pay for a rental can be a real lifesaver. Adding rental reimbursement coverage to your policy will ensure that you are never without transportation when you need it. Even if your family owns two vehicles, being forced to accomplish all of your daily tasks with only one vehicle can be extremely difficult, and some tasks may have to go unfinished. With a rental reimbursement coverage you can resume daily activities immediately.

Why Towing Coverage Is an Important Addition

Hiring a tow truck can be extremely expensive, especially if you are more than just a few miles from home. Towing coverage ensures that you have the funds you need to have your damaged vehicle towed to where it needs to be. It eliminates the need to try and gather the emergency funds you would need to pay the towing service. It also gives you access to a large number of locksmiths and towing professionals who have a solid reputation for being the best at what they do.

Saving on Your Premiums Will Help You Pay for the Necessities

Perks like rental reimbursement and towing/roadside assistance may increase your policy’s premium by a few dollars, but you can easily cover that cost by finding out if you are eligible for any discounts. The following are just a few of the more common discounts that many people can take advantage of:

• Good driver discounts (no tickets, citations, or accidents)
• Good student discounts
• Completing a defensive driver course
• Bundling your home and auto policies
• Installing an anti-theft system
• Increasing your deductible

Taking advantage of one or more of these discounts could save you a sizeable amount of money over the course of a year, which will be more than enough to cover the cost of adding rental reimbursement and towing coverage.

When you have questions about what is covered in your auto insurance policy, talk to the professionals. Call Kevin or Marci at Kevin S. Dougherty Insurance Agency, LTD at your earliest convenience. We will make sure that you receive the discounts you are eligible for and the additional coverage you want. When you have the coverage you need, you can focus on the more important things in life. Take the time to review your policy today and get the peace of mind you deserve.