Cheapest Flight/Car Rental Option?

Rental Car - self insurance?

• My 11 year old car is on its last legs and has no heat and bad brakes. My credit is bad, i can't get a new car, dont have the money immediately available to get a used car, so i have decided to rent a nice car from enterprise on a long-term (monthly) rental. Not the cheapest option but in the end, it's the best option for me for several reasons. My question is - their insurance (LDW) is expensive. the daily insurance rates on it total to about $30. While i can "afford it", i would much rather carry my own insurance. I have found plenty of information on non-owner liability - but is there any way to cover the Loss damage (AKA Full Coverage) with insurance i buy specifically to cover a rental car? I do not have a credit card, so unfortunately that's not an option.

• Answer:

  A non owner policy pays if you do not own a car that you drive and in this case, would apply, since Enterprise owns the car. But most likely to get a short term policy for say one month maybe impossible to get, since most policies are for 6 months. Also, another consideration is the Enterprise car. Liability only pays for other car damages that are the result of your negligence. You also need collision/comprehensive coverage for the rental car, since if the rental car is in an accident, you would be on the hook for the rental car damages which could be expensive. My suggestion is to get the brakes and heat fixed on your current car. My guess is that the cost to fix maybe the same as the rental for one month. Then try and put away a few dollars every paycheck towards buying another car in say 6 months or so. If you can afford the $30 a day for the full coverage with Enterprise, put that away towards a down payment on another car and get this one fixed. good luck