When renting a vehicle from Enterprise, understanding the available insurance and protection options is crucial. These offerings can provide peace of mind and financial security during your rental period. This guide breaks down the costs and benefits of each option, focusing on how much enterprise insurance costs per day.
Understanding Enterprise Protection Products
Enterprise offers several optional protection products that you can purchase in addition to your rental vehicle. These include Damage Waiver (DW), Personal Effects Coverage (PEC), Supplemental Liability Protection (SLP), and Roadside Assistance Protection (RAP). It’s important to note that these are not included in the initial rental quote and are added at an extra cost.
Damage Waiver (DW) Explained
Damage Waiver (DW) is not insurance, but it’s an optional agreement that, if purchased, can waive your responsibility for the cost of damage, loss, or theft of the rental vehicle, subject to certain exclusions outlined in the rental agreement. DW doesn’t apply in Mexico.
Alt: Enterprise rental car with damage waiver coverage highlighted, indicating protection against damage.
Before opting for DW, consider checking with your existing insurance provider or credit card company to determine if your current policies cover rental car damage or theft, and what your deductible or out-of-pocket risk would be.
What Does Damage Waiver Cost?
The cost of DW varies depending on the rental location and the type of vehicle you’re renting. To find specific pricing, you can start a reservation on the Enterprise website.
Personal Effects Coverage (PEC): Protecting Your Belongings
Personal Effects Coverage (PEC) is offered at the time of rental for an additional daily charge. If you accept PEC, the policy insures your personal belongings, as well as those of additional drivers and anyone traveling with you, against loss or damage. This coverage is payable in addition to any other insurance coverage you may have.
The purchase of PEC is optional and not required to rent a car. It’s important to note that PEC may duplicate coverage you already have through existing insurance policies. Enterprise is not qualified to evaluate the adequacy of your existing coverage, so it’s recommended to review your personal insurance policies or other sources of coverage.
What Does PEC Cost?
The cost of PEC varies based on the rental location, typically averaging between $5.99 and $15.67 per day.
Supplemental Liability Protection (SLP): Enhanced Liability Coverage
Supplemental Liability Protection (SLP) provides renters and authorized drivers with up to $300,000 combined single limit for third-party liability claims. This coverage applies if you’re found liable for causing injury or damage to someone else while operating the rental vehicle.
Alt: Enterprise supplemental liability protection (SLP) coverage depicted as a damaged car accident scene.
If you accept SLP, Enterprise provides third-party liability protection up to the applicable minimum financial responsibility limit, and Zurich American Insurance Company provides excess third-party liability insurance coverage from that minimum limit up to $300,000.
Purchasing SLP is optional and not required to rent a car. Like PEC, SLP may duplicate coverage you already have. Enterprise recommends reviewing your personal insurance policies to determine if you already have adequate liability coverage.
What Does Supplemental Liability Protection (SLP) Cost?
The cost of SLP varies depending on the rental location. On average, it ranges from $8.00 to $17.00 per day.
Roadside Assistance Protection (RAP): Peace of Mind on the Road
Roadside Assistance Protection (RAP) allows Enterprise customers to waive financial responsibility for common roadside incidents, such as lost keys, lockouts, and fuel outages.
RAP can be added to online bookings at the branch or to a rental ticket at any time. If added mid-rental, you must return to a designated renting location to have the vehicle inspected before adding RAP.
Alt: Enterprise Roadside Assistance Protection icon, symbolizing emergency support services.
To contact the Enterprise roadside assistance team, call 1-800-307-6666.
Making an Informed Decision
When deciding whether to purchase these optional protection products, carefully consider your existing insurance coverage and your comfort level with potential out-of-pocket expenses. Contact your insurance provider or credit card company to understand your current coverage limits and deductibles. Understanding how much Enterprise insurance costs per day for each option will allow you to make an informed decision that best suits your needs and provides you with the necessary peace of mind during your rental period.
