No one likes to spend money unnecessarily, so when the subject of car insurance arises, many people choose to use their own and not take advantage of the opportunity handed to them. We are sure that you’re a responsible driver, but you have to be ready for anything. Although the Virgin Islands are very beautiful, they can also be very dangerous and vulnerable to harsh weather conditions. Rental insurance is the best way to protect your family and your wallet. For advice on rental insurance options, call St. John Car Rental at (340) 776-6103.
Before going with your own insurance, consider the following:
Your Auto Insurance Deductible
Most car rental agencies give you the option of using your own insurance. If you do choose to go that route, consider the cost of your deductible. If you do get into an accident, your deductible can be more costly than the daily renter’s insurance of the vehicle. In the long run, you’ll be happy you did.
Loss of Use
Your normal auto insurance may cover the damages of a car accident, but most policies do not cover what is called a “loss of use.” This term refers to the time when the vehicle is in the repair shop, and the rental business can’t use it. You may be responsible for the money the company lost as their property is being restored.
For those that are traveling on business, your company may cover the insurance costs of a rental for a period of time. However, if a traveler decides to stay longer, their company will likely not cover the extended trip. If you do not have traveler’s insurance or understand the plan that you have, then a local, temporary option might suit you best.
Hindsight is 20/20, so be sure to protect your money with the right insurance policy. St. John Car Rental has been in the car rental business for years. Trust your safety in the hands of the professionals. Call (340) 776-6103 to speak to the specialists of Cruz Bay, or contact us online.