Definition: The term 'rent car insurance' refers to a type of policy that provides coverage for damage or loss to your vehicle while you are traveling with your rental car, without having to pay for your own rental car. This can be particularly beneficial if you rent a car and have it returned damaged due to an accident. To get the most out of this insurance, it's important to carefully read the policy terms and understand what is covered. For example, some policies may provide coverage for accidental damage or loss, while others will cover theft or vandalism. It's also worth noting that many policies require you to have a credit report before receiving coverage. Overall, renting with a rental car can be convenient but requires careful planning and understanding of the policy terms to maximize your safety and financial security.
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