Did You Bring Protection?

Usually, when you make a pricey purchased you are asked a few questions by your salesperson.  One of these questions are, "Would you like to buy our extended protection plan?" The answer should be a firm, "No." The word "Extended" means that the product you are buying already has a manufacturer warranty.  Typically once that warranty from the manufacturer has expired the product has paid for itself, and you are likely not to have problems with it for the life of the item. 

In the world of Car Rental coverage can get tricky. Do you really need to buy coverage from your rental company. First, this goes back to research, don't get taken for a ride at the rental counter because you didn't make a simple phone call.  Call your insurance provider! Tell them you are going to rent a car and ask them if it would be covered. Ask them what kind of car would be covered, and finally ask them if they would pay for Loss Of Use and Down Time. These are crucial questions to ask your insurance agent. Renting a car can be much like playing Russian Roulette. 

STAY INFORMED! If there is any doubt about being covered while renting, purchase the rental company's coverage! If you are following the rules of the road and follow the rules of the rental company, the coverage will work strongly in your favor. Also, it can keep your premiums and deductibles from going up with your own insurance if something does happen to your rental vehicle. Overall, it comes down to a simple yet hard to answer question. Do I need the coverage? When purchasing products in a store, it is a huge waste of money. At the rental counter it could save you tons! So call your insurance provider before getting ripped off at a rental counter. Or you can help my bonus check out if you are feeling charitable.