What Does Rental Reimbursement Mean?

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What does Rental Reimbursement mean? Read on to discover the definition & meaning of the term Rental Reimbursement - to help you better understand the language used in insurance policies.

Rental Reimbursement

Rental Reimbursement

Also known as the "Extended Transportation Expense Coverage," this option pays $30 per day, for up to 30 days (for a maximum of $900) towards the cost of a replacement or rental vehicle, if the insured vehicle is temporarily disabled for more than one day due to a covered accident. Higher daily limits exist, and vary by state.

We hope the you have a better understanding of the meaning of Rental Reimbursement.

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