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Can I Say No to Rental Car Insurance?

Oct 27, 2014 1:44:45 PM

car-rental-insuranceRental car companies do their very best to sell you insurance on the vehicle you rent, but do you really need it or does your current car insurance already have you covered?

If you've ever rented a car or truck you know that there the rental process involves a pretty hard sell on insurance, but if you have full coverage on your current auto insurance policy, chances are that you don't need to buy insurance from the rental car company as well. 

Your insurance policy likely has one of more "endorsements" applied to it. Endorsements are like little enhancements to your policy that you can add a la carte. There is one little endorsement that you may already have on your policy called SEF 27. This endorsement should be offered by all insurance companies in Alberta.

SEF 27 - Legal Liability for Physical Damage to a Non-Owned Automobile 

This endorsement extends the physical damage coverage to a non-owned automobile, such as a rented or borrowed automobile. Coverage is only available on private passenger type vehicles while in the care, custody or control of the named insured for a period of 30 days or less.

What Does This Mean to Me?

Basically, this means that if you were to rent a vehicle, for personal use, your car insurance will extend to that vehicle and cover it just the same way that it covers your regular vehicle. The main stipulations on this coverage are as follows

  • This coverage is only valid in Canada and the United States
  • The vehicle must be a private passenger vehicle used for private purposes
  • You must be the driver of the vehicle
  • You cannot be driving the vehicle for a period greater than 30 days

How do I know if I Have SEF 27?

There are a couple of ways you can find out if you have this endorsement.

  1. You can look at your car insurance policy and see if "SEF 27" is listed.
  2. You can phone your insurance broker and ask if you have the endorsement. You can simply ask if your car insurance covers you when driving a rental car or other vehicle. 

If you do have it, you can feel confident saying no to the rental car insurance. Just remember, that all of the same coverage on your current policy applies, including your deductible, accident free discounts etc.

Armour staff are here to help! If you have questions about this or just want to know if you're paying too much for your car insurance, don't hesitate to give one of our licensed representatives a call. 
1-855-475-0959
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Topics: Car Insurance
Rob Stevenson

Written by Rob Stevenson

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