Last updated: March 2026
How Much Does Rental Car Insurance Cost?
Cost Breakdown by Type
| Type / Procedure | Without Insurance | With Insurance |
|---|---|---|
| Collision Damage Waiver (CDW, daily) | $0 – $0 | $15 – $30 |
| Supplemental Liability Insurance (daily) | $0 – $0 | $10 – $15 |
| Personal Accident Insurance (daily) | $0 – $0 | $5 – $10 |
| Full Protection Bundle (daily) | $0 – $0 | $25 – $50 |
What Affects the Cost
- Your age, location, and health status
- Coverage level and deductible chosen
- Provider or carrier
- Claims history
- Credit score (for some insurance types)
- Discounts available (bundling, loyalty, safe driver, etc.)
Insurance Coverage
Typical coverage: Rental car insurance covers damage, theft, and liability while driving a rental vehicle. Your personal auto insurance or credit card may already provide coverage.
Insurance costs vary widely based on coverage level, location, age, and claims history. Shopping around and comparing quotes is the single most effective way to save money on insurance premiums.
How to Save Money
- Compare quotes from at least 3-5 providers
- Bundle policies (home + auto) for 10-25% discounts
- Choose higher deductibles for lower monthly premiums
- Ask about all available discounts
- Review coverage annually during open enrollment
- Consider employer-sponsored plans which subsidize 50-80% of premiums
Related Procedures & Costs
Frequently Asked Questions
Check your personal auto policy and credit card benefits first. Many already cover rental cars. If you lack coverage or want extra protection, rental insurance is worthwhile.
Rental car insurance costs $10 to $50 per day depending on which coverage options you select. A full protection bundle can add $700 or more to a two-week rental.
Many premium credit cards offer CDW coverage when you pay for the rental with the card. Benefits vary, so check your specific card terms.