About Geico’s Rental Car Reimbursement
While your fomite is being repaired for a Geico covered claim, having rental car reimbursement coverage will help to pay for a rental car for you to get around in. however, the integral price of the rental car may not be covered by your lease cable car reimbursement coverage which may be subject to casual limits on the total that it will pay out for your rental car. furthermore, your rental car coverage may be subject to a per claim specify. An exemplar of a lease car reimbursement limit is if you have $ 25 per day/ $ 750 per claim rental car reimbursement coverage. This means that Geico will only cover $ 25 of your rental car fee per day and a total of $ 750 for the entire time that your fomite is in the shop. therefore, to ensure that your lease cable car reimbursement coverage covers you for the full duration of time that your fomite is in the shop, it would be knowing not to rent the most expensive rental car available .
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How Much Does Geico’s Rental Car Reimbursement Coverage Cost?
The good newsworthiness is that Geico rental car reimbursement lone adds a few dollars a calendar month to your policy. For exemplar, a 30 year previous male with a 2018 Honda Civic ( 50k/100k/50k indebtedness and $ 500 deductibles for comprehensive and collision ) without lease car reimbursement Geico quoted a rate of $ 166.45 per calendar month. The same driver with $ 35 a day/ $ 1,050 per call of rental car reimbursement was quoted $ 169.32. For $ 45 a day/ $ 1,350 per claim the rate quoted was $ 170.12. And for $ 50 per day/ $ 1,500 per claim the quoted rate was $ 170.53.
So it only costs $ 3-5 dollars a calendar month to add rental cable car reimbursement coverage to your Geico car indemnity policy. For the benefits, it is wholly worth it .
Do You Have To Pay The Full Amount And Wait For Reimbursement?
No, you do not have to pay the fully amount for your rental cable car and wait for Geico to reimburse you if you rent your car from Enterprise Rent-A-Car. Enterprise will bill Geico directly for your rental car. Yet, you do not have to rent your car from Enterprise. You can use any reputable lease cable car company. however, with other rental car companies, you have to pay for the rental car upfront and your Geico rental car reimbursement coverage will reimburse you up to your coverage limits. You can always inquire at other rental cable car companies as to whether they do direct charge to Geico .
Does Geico Insurance Cover Damage To Your Rental Car
If you have comprehensive examination and collision coverage on your Geico policy, it will normally cover you when you are driving a rental car when your car is in the shop for compensate on a embrace claim. You generally need to rent a fomite of a comparable size for your Geico coverage to apply. You besides need to check your particular policy to ensure that damage to your rental car is covered by Geico .
What Is Not Covered By Geico’s Rental Car Reimbursement?
Your Geico lease car reimbursement coverage will not cover the cost of flatulence, mileage, extra lease car coverage or your security deposit. Thus, even with rental car reimbursement coverage, expect to pay a moderate out of pocket expense to have a car to drive while yours is in the patronize .
More about Geico :
Geico does cover rental cars with its rental car reimbursement coverage and if you rent your car from Enterprise Rent-A-Car, Geico will be billed immediately. You distillery need to have money for your security sediment, and any natural gas and mileage charges you must pay. The dependable news program is if you have comprehensive and collision, you may not have to pay extra for the lease car indemnity as your Geico insurance may already cover damage to the lease car.