Rented Vehicle Insurance

Rented Vehicle Insurance: Protect Your Adventures!

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Understand Rented Vehicle Insurance for Stress-Free Travel Across Canada and the USA

Are you planning to rent a vehicle for a road trip, business travel, or simply while your car is in the shop? Rented Vehicle Insurance protects you from unexpected costs if something goes wrong. We make getting the right rented vehicle coverage easy, whether you’re renting for a day, a week, or longer.

Key Takeaways:

  • Rented Vehicle Insurance covers own damage and liability for rental cars.
  • Available as a separate ICBC policy or through private insurance options.
  • Coverage is valid in Canada and the USA, subject to rental duration period and vehicle weight limits.
  • Check with our brokers for the best solution based on your rental plans.

What is Rented Vehicle Insurance?

Rented Vehicle Insurance provides financial protection when you drive a rental car, covering both damage to the rental vehicle (own damage) and third-party liability. Rather than relying solely on the rental company’s expensive insurance options, BC residents can purchase more affordable and often more comprehensive rented vehicle coverage from ICBC or private insurers through Kelowna Valley Insurance.

This insurance is perfect for:

  • Vacation rentals
  • Temporary vehicle replacement
  • Business or work-related rentals

Our team will guide you through selecting the best plan for your needs, ensuring you’re protected without overpaying.

How Does Rented Vehicle Insurance Work in BC?

We offer Rented Vehicle Insurance in two ways:

1. Separate Rented Vehicle Policy (ICBC)

ICBC offers a stand-alone rented vehicle policy that can be purchased for a specific rental period. Premiums are calculated based on the number of days you require coverage, making it a flexible and cost-effective solution.

Key features:

  • Daily premium rates
  • Covers own damage and liability
  • Valid in Canada and the USA
  • Maximum rental period restrictions apply
  • Vehicles must be under 5,000 GVW (Gross Vehicle Weight)

2. Rented Vehicle Coverage Through Regular Auto Insurance

Many BC residents can also add optional rented vehicle coverage to their regular private auto insurance policy. This extension offers peace of mind if you rent vehicles occasionally and want to be automatically covered.

Note: Always verify your current policy, coverage limits, and any restrictions before relying on existing auto insurance for rented vehicle protection.

Why Choose a Broker for Rented Vehicle Insurance?

Navigating insurance options can be confusing. That’s where Kelowna Valley Insurance steps in. As a broker with access to multiple insurance companies, we can:

  • Compare coverage options and rates
  • Tailor a policy that fits your rental plans and travel needs
  • Help you understand policy limits, exclusions, and terms
  • Ensure you’re properly insured in Canada and the USA

We have been proudly serving Kelowna and Glenmore residents since the 1970s. Our experience and customer-first approach guarantee that your journey starts with confidence.

Important Considerations for Rented Vehicle Insurance

Before renting a vehicle, keep these important factors in mind:

Coverage Limits

Most rented vehicle policies have a maximum number of rental days permitted — typically it is 30 days. If you exceed this time frame, additional coverage may be necessary.

Vehicle Restrictions

Coverage generally applies to vehicles under 5,000 GVW. Heavy-duty trucks, large commercial vehicles, or specialty rentals may not qualify.

Geographic Limits

Rented vehicle insurance obtained in BC is valid only in Canada and the USA. Different insurance arrangements will be necessary if you’re travelling beyond these borders.

Policy Details

Each policy is unique. Always check for exclusions, deductible amounts, and whether the policy covers loss of use, towing, or administrative fees charged by the rental company.

Our brokers will ensure you have complete clarity before you hit the road.

FAQs About Rented Vehicle Insurance

Q: Can I buy Rented Vehicle Insurance for any type of vehicle?
A: No. The rented vehicle must be under 5,000 GVW, typically a standard passenger vehicle.
Q: Is Rented Vehicle Insurance valid internationally?
A: Coverage is valid only in Canada and the USA.
Q: How is the cost of Rented Vehicle Insurance calculated?
A: The premium is based on a daily rate and the number of days you require coverage.
Q: Can I add Rented Vehicle Insurance to my regular car insurance policy?
A: Yes, many private auto insurers offer optional coverage for rented vehicles as part of your regular policy. Ask our brokers for details.
Q: What happens if I exceed the maximum number of rental days?
A: You may need to purchase additional coverage or arrange a different insurance solution. Always plan ahead with your broker.

Why Kelowna Valley Insurance is Your Best Choice

When you choose Kelowna Valley Insurance, you choose experience, options, and service you can trust. Our mission is simple: the right products, excellent service, and the best people.

We are conveniently located at:

  • Orchard Plaza (two doors up from Winners)
  • Glen Park Village (behind McDonald’s in Glenmore)

Whether you’re travelling across the Okanagan or exploring the USA, let us help you rent with confidence. Our insurance professionals are ready to help you find the perfect Rented Vehicle Insurance policy for your plans — affordable, straightforward, and tailored to you.

Contact us TODAY or visit one of our two Kelowna locations to speak with a broker who understands your needs!