When you rent a vehicle while you’re out of town, for any reason, you’re going to be looking for the best possible deal so that you don’t have waste all of your money on transportation. This isn’t a bad thing and it should be done more often, especially if you’re the type of person to take a quote from one company or location and see what offers you can get from others. However, rental car insurance that is offered by the companies is generally non-negotiable as they are not making a profit off of the cost of the insurance.

The insurance from rental car companies is a way to protect the driver, passengers and the rental company in the event of an accident. Fortunately, these companies also understand that they many people are not capable or willing to pay huge premiums for this coverage and so most companies will offer multiple options.

The number one option, which is generally included in the costs for the rental, is a basic insurance that covers anything that the driver is not at fault for. This is great for older drivers who are very cautious in their driving style and not likely to go beyond the limits of the vehicle. However, a huge factor is that this insurance does not cover accidents that you are deemed at fault for.

On the other hand, there is the full coverage insurance option. Basically, this insurance is a catch all for the drivers as it covers almost everything you could think of. However you will pay a premium for this insurance depending on your driving record, credit and your loyalty to the company. The total costs of insurance will range from $1.50-$15.00 per day for the basic coverage on up to $20-$60 per day for full coverage.