Should I accept/decline the insurance coverage that comes with a rental car?

The rental company will be selling both liability and physical damage for the rented vehicle. Your automobile policy automatically extends liability coverage to private passenger-type vehicles you rent, subject to some conditions.
Your automobile policy also extends accident benefits to you while driving a rented vehicle.

For physical damage, you must purchase the #27 endorsement: Damage to Non-Owned Automobile. This endorsement provides the same coverage, subject to the same deductible as your policy, for private passenger-type vehicles you rent. This endorsement has a maximum loss amount, usually $50,000.

Anita Kwan is a partner with HKMB HUB International Limited.

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