I rented my car, now what?
If you decide to rent a car, you may possibly think that you don’t have to buy insurance because you just borrowed it. However, there’s still a need to buy auto insurance policy. When the auto dealer finances the car, it will require insurance which offers collision and complete coverage. These coverages are mandatory in each state and one of these is liability insurance too. The leasing company might also need you to have gap insurance so that if the driver of the car has an accident and the leased car gets damaged, there’s a difference between the amount that you still owe the auto dealer. Knowing these, hopefully, you will be well-prepared for renting that car, a job that you thought was simple.