How Much Does Rental Car Insurance Cost?
Rental car insurance costs in the United States range from USD 10 to USD 50 per day. However, the prices vary based on the type of coverage chosen, service provider, and location. For example, renters will need to pay USD 10 to USD 30 per day for the Collision Damage Waiver.
Similarly, the cost for personal accident insurance, liability coverage, roadside assistance, theft protection, and more differ. Therefore, consider the type, vehicle, location, and other factors to know the final insurance fees.
What is the Rental Car Insurance Cost for Different Plans?
There are many coverage and protection plans for rental cars. Depending on the benefits and coverage, one can pay the following:
Collision Damage Waiver: USD 10 to USD 30 per day
Theft Protection: USD 3 to USD 6 per day
Personal Accident Insurance: USD 1 to USD 5 per day
Liability Coverage: USD 7 to USD 15 per day
Complete Protection Package: USD 46.50 per day
How Much Do Car Rental Companies Charge for Insurance?
The insurance charges by every car rental company may vary slightly. Here are the estimated rental car insurance costs of prominent companies:
Company | Daily Insurance Costs |
Hertz |
|
Budget |
|
Enterprise |
|
Avis |
|
Note: This is an indicative list of insurance fees charged by car rental agencies for different insurance coverage. Also, contact your preferred rental agency for AAA membership benefits, credit card coverage, and more.
Do Car Rental Insurance Rates Vary in Different States of the USA?
Definitely, the states play a crucial role when it comes to the car hire insurance cost. So, before buying one, consider the estimated cost:
States with the highest insurance rates for rental cars:
Name of the State | Average Insurance Cost (Annually) |
Georgia | USD 2085 |
Nevada | USD 2279 |
Florida | USD 3183 |
Louisiana | USD 2909 |
Colorado | USD 2121 |
Michigan | USD 2691 |
Delaware | USD 2103 |
Kentucky | USD 2124 |
California | USD 2291 |
New York | USD 3139 |
States with the lowest rental car insurance rates:
Name of the State | Average Insurance Cost (Annually) |
Wisconsin | USD 1246 |
Vermont | USD 879 |
Indiana | USD 1288 |
Maine | USD 1066 |
Alaska | USD 1200 |
Idaho | USD 728 |
New Hampshire | USD 1128 |
Ohio | USD 1538 |
Hawaii | USD 984 |
Wyoming | USD 682 |
Note: These are just estimated/indicative insurance price lists, as there can be a slight variation, depending on the insurance provider, coverage type, and other factors.