It can be frustrating to get into a rental car accident and have to deal with the rental company regarding any resultant damages. If you didn't use the rental company’s insurance, then there's the likelihood that you have to pay for all of the damages you caused. This entirely depends upon your specific circumstances. Additionally, this is also why it may be a good idea to speak to a knowledgeable law firm. Your lawyer can review your case and help you understand how to manage your rental car accident.
You Might Have To Pay Out Of Pocket
If the rental car accident is your fault, you may have to pay out of pocket to cover all the damages you caused. In addition to bodily damage, you may also have to pay for property damage to the other vehicle. This also must include the property damage you caused to the rental vehicle because of the accident.
Your Insurance Coverage May Have To Pay For You
In some instances, you may be covered by your car insurance policy. This is entirely dependent upon whether or not your insurance coverage follows you or follows your car. Some insurance policies cover their policyholders regardless of whether they're driving a car that's listed in their insurance policy. However, if damages far exceed that of the maximum limit on the policy, you may be liable for the excess damages.
Credit Card Companies Sometimes Cover The Full Amount
Some credit card companies include rental car accident coverage. You can call your credit card company and ask them whether or not rental car accident coverage is part of their policy. This can be helpful in dire circumstances and prevent you from being stuck paying expensive damages.
How Do Rental Car Companies Work?
In general, rental car companies have a surety bond on each motor vehicle. This commercial bond is used to ensure that the person driving the rental car complies with state laws and other standards of conduct. When a person does not follow the requirements of the bond, the rental company could hold them financially accountable for anything they did wrong, for example, if they caused an accident due to negligence. This isn't the case if the renter signed a damage waiver after the purchase of temporary rental car insurance.
What If I’m Partially At Fault?
According to the law of comparative negligence, you're only liable for the percentage of the accident damages you caused. After getting into a rental car accident, the other party may blame you for causing the accident. You can find out more from an attorney concerning how much you owe in damages according to what happened during the rental car accident.
How Can A Rental Car Accident Lawyer Help Me?
When you get into a rental car accident, your attorney can help guide you through the process. They can also investigate the accident to determine who is liable for the damages. This can be helpful if you're not sure who caused the accident. If you were partially at fault, they will ensure that you only pay for your percentage of damages. Your attorney can also negotiate with insurance adjusters on your behalf. You might get contacted by insurance adjusters after your accident because they will likely try to pressure you to settle as soon as possible. However, it is better that you speak to an attorney first to avoid paying or receiving the wrong amount of compensation.