Erie Insurance coverage insurance policies can prolong protection to rental autos, doubtlessly eliminating the necessity to buy supplemental insurance coverage from the rental company. The specifics of this extension, nonetheless, are contingent upon the coverages held on the insured’s private auto coverage. Elements resembling legal responsibility limits, deductibles, and the kinds of perils coated (collision, complete, and so forth.) all affect the scope of safety out there for a rented automobile. A typical instance can be if an Erie policyholder has complete and collision protection on their private automobile; those self same coverages would possibly apply once they hire a automobile.
The benefit of using the prevailing insurance coverage coverage lies primarily in price financial savings and simplified claims processing. By counting on the Erie coverage, people keep away from the often-expensive each day charges charged by rental corporations for added safety. Moreover, familiarity with the prevailing coverage’s phrases and situations can expedite the claims course of within the occasion of an accident or injury to the rental automobile. Traditionally, reliance on private auto insurance coverage for rental automobile protection has been a typical apply, providing policyholders a handy and infrequently extra reasonably priced various to buying supplemental protection.
