Does my Bermuda car insurance policy cover me while I’m driving a rental vehicle overseas?
If you live in Bermuda and enjoy traveling overseas, you’ll likely find yourself renting a vehicle at some point — and you might be wondering if your car insurance policy from Bermuda will protect you while you’re driving a rental. The short answer is no, a standard car insurance policy typically won’t cover the use of a rental vehicle. The good news is your motor insurance company likely has optional coverage you can add to your existing policy, and vehicle rental companies typically offer additional insurance you can purchase when taking out a rental. Here’s what you need to know.
How do you add optional rental vehicle coverage to your motor insurance policy?
If you have a comprehensive car insurance policy with BF&M, you can add optional Collision Damage Waiver protection to cover accidental theft or damage to a rental vehicle while it’s in your possession. This coverage protects you whenever you rent a vehicle throughout the year, and it’s typically much less expensive than the optional damage coverage offered by rental vehicle companies — but it’s only available to customers with comprehensive car insurance. You have to specifically request that Collision Damage Waiver be added to your policy and confirm you wish to keep it when you renew your policy each year. Contact BF&M at +1 441 295 5566 to add this coverage to your existing policy, or to purchase a comprehensive policy if you don’t already have one.
What happens if I damage someone else’s vehicle or cause an injury while driving a rental vehicle?
If you add the collision damage waiver to your existing motor insurance policy, it won’t include third-party liability coverage — so you won’t be covered for costs incurred when you’re held responsible for a collision that leads to injuries or damage to someone else’s property. When you rent a vehicle, you’ll need to ask the rental company to add supplemental liability insurance to your contract to make sure you’re protected.
Contact us to add rental vehicle coverage to your BF&M policy
Have questions or want to make changes to your BF&M car insurance policy to ensure you’re protected while driving a rental vehicle overseas? You can review your policy online or contact our customer service team at +1 441 295 5566.