Traveling to other places is, probably, one of the best things you can do for yourself and one of the best ways to spend your money on. As you explore a new place for the first time, riding the local transportation is definitely a must-try adventure. But if you want to make it more convenient for you, then you have the option to rent a car. Before hiring a vehicle, you should first consider availing a car rental insurance.
For your car rental insurance, a highly recommended insurance provider is Enterprise Rent-A-Car, which has established so many rental locations across the United States. It also has over 7,000 locations all over the world, including Asia, Africa, and the Middle East. With its award-winning customer service, Enterprise continues to expand its operations, servicing people who are in need of car rental insurance policies.
Cost of an Enterprise Car Rental Insurance
Enterprise Rent-A-Car offers four types of car rental insurance. These are Damage Waiver, Personal Accident Insurance, Personal Effects Coverage, and Supplemental Liability Protection. Each insurance policy has a unique coverage, and the Enterprise car rental insurance cost significantly varies by the vehicle type and location. Let’s get to know each insurance policy, its coverage, and its respective price.
- Damage Waiver (DW)
Enterprise offers a Damage Waiver (DW) as an additional daily fee on the day you rent a car. If you purchase this policy, the insurance company will reduce “the renter’s responsibility for loss of, or damage to” the rented vehicle. It includes, but not necessarily limited to, administrative fees, decrease in value, loss of use, and/or towing. But take note that the vehicle is subject to the rental agreement’s terms and conditions and applicable laws.
However, a Damage Waiver is not exactly an insurance. Apart from that, you are not required to purchase a DW if you want to rent a car. You may or may not get one. It has the highest daily cost among other car rental policies of Enterprise Rent-A-Car.
A word of caution, though, the protection you get from a DW may duplicate the existing coverage of your rented car. As such, Enterprise has no authority to evaluate the prevailing policy of the renter, and for that reason, it is the renter’s responsibility to check his or her coverage, which may have an identical protection with that of a Damage Waiver.
When it comes to its price, the Damage Waiver cost set by Enterprise ranges from $8.99 to $29.99 per day, depending on your location and the type of vehicle you wish to rent.
Personal Accident Insurance (PAI) and Personal Effects Coverage (PEC)
The Personal Accident Insurance (PAI) and Personal Effects Coverage (PEC) provide unique benefits to the renters. However, you can avail them at separate locations. Read more to find out.
The Personal Accident Insurance or PAI is an insurance policy that provides you and your passengers with benefits that cover accident medical bills, as well as expenses for accidental deaths and ambulance services. It is available at all rental locations of Enterprise.
Meanwhile, the Personal Effects Coverage or PEC protects the personal effects or privately owned items of the renter, additional drivers, or the renter’s immediate family members, who are permanent residents in the residence of the renter and who are traveling together with the renter, against risks of damage or loss. This type of car rental insurance is only available at Enterprise airport locations.
The benefits provided by PAI/PEC are additional daily fees to other insurance coverages that you or your passengers may already have. And according to Enterprise, the provisions, limitations, and exclusions of PAI/PEC are underwritten by either Empire Indemnity Insurance Company or Empire Fire And Marine Insurance Company, depending on where you rent the vehicle.
Just like the Damage Waiver, PAI/PEC is just optional, and its coverage may duplicate your existing coverage. Enterprise is not allowed to evaluate your coverage, so it’s still your responsibility to check whether the coverage of PAI/PEC already prevails in your existing insurance coverage.
The Enterprise rent a car insurance price for PAI/PEC averages between $5 to $11 per day.
Supplemental Liability Protection (SLP)
The Supplemental Liability Protection or SLP provides you and other authorized drivers with a combined single limit of up to $1 million for third-party liability claims.
If you wish to avail this insurance policy, then Enterprise is going to provide a third-party liability protection up to the appropriate minimum limit of your financial responsibility. Furthermore, the Empire Fire and Marine Insurance Company is going to cover the “excess third party liability insurance coverage” from the minimum limit of financial responsibility to as much as $1 million.
The provisions, limitations, and exclusions of SLP are underwritten by either Empire Indemnity Insurance Company or Empire Fire And Marine Insurance Company, depending on where you rent the vehicle.
An SLP is also an optional policy, and its coverage may duplicate your existing coverage. Enterprise is not allowed to evaluate your coverage, so it’s still your responsibility to check whether the coverage of SLP already prevails in your existing insurance coverage.
The average Enterprise car rental insurance cost runs from $9.99 to $15.50 per day.
Roadside Assistance Protection of Enterprise Rent-A-Car
Aside from the car rental insurance policies, Enterprise Rent-A-Car also provides a Roadside Assistance Protection (RAP), which allows the customers to waive their financial responsibilities for chargeable incidents like vehicle lockouts, lost keys, flat tires, and fuel outages, to name a few.
Moreover, you can add a Roadside Assistance Protection in two ways: either through online bookings at the chosen Enterprise branch or, you can just purchase it at a rental ticket, which you can avail any time of the day. Do take note that if you add a mid-rental vehicle, you must make sure that you return the car to its designated rental location to have it inspected before the RAP is added.