Planning to take advantage of Fox Rent-A-Car’s deals? Do you need to know if the insurance options are worth it? Save yourself the headache! Keep reading to find out which of Fox’s policies are worthwhile and which you should avoid.
In this article, we will simplify the cost and coverage details of Fox’s optional insurance packages.
How Fox Rent-A-Car Rental Car Insurance Works
Fox Rent-A-Car offers insurance policies during the booking process online. Selecting these coverages increases the daily rate for the car. In exchange, Fox provides insurance coverage or cost waivers.
At first glance, it may seem like these options are the best way to protect your finances. However, this chart will give you a quick visual of which coverage add-ons from Fox are worth considering.
| Fox Rent-A-Car | Worth it? | Why? | Alternative |
|---|---|---|---|
| Loss Damage Waiver | Maybe | If you have full coverage, your regular car insurance covers this portion | Regular Auto Insurance |
| Renter Liability | No | Your regular auto insurance covers liability and can be increased | Regular Auto Insurance |
| Supplemental Liability | No | More competitive policies available for less | Umbrella Liability |
| Personal Accident Coverage | No | Coverage limits are only available at the rental counter, choose a more transparent policy instead | Travel Insurance |
| Roadside Service Assistance | Maybe | Better rates through other companies are available | Roadside assistance plans like AAA |
We’ll take a closer look at each one of these options and explain our rationale more clearly. Remember to consult your insurance agent before making any decisions!
The Cost and Details of Fox Rent-A-Car Insurance
Car insurance options through Fox Rent-A-Car vary by location. Fox’s Rental Policies online indicate the minimum and maximum cost per day for extra coverage.
Loss Damage Waiver
Fox Ren-A-Car’s Loss Damage Waiver(LDW) waives your financial responsibility for the rental vehicle if it is stolen or damaged.
Similar coverage to the Loss Damage Waiver may be available through your auto insurance or credit card. For convenience, we offer a brief overview of these options later in this article.
Here are the minimum and maximum daily rates for a Loss Damage Waiver through Fox.
| LDW Min Daily Rate | LDW Max Daily Rate |
|---|---|
| $11.00 | $32.99 |
Pro Tip: If your policy has full coverage (comprehensive and collision), you should be able to skip the Loss Damage Waiver if your policy “extends” coverage to the rental car. (Check with your insurance agent if you aren’t sure).
Be aware that Fox Rent-A-Car will void your Loss Damage Waiver for behavior violating the rental agreement.
Renter Liability Protection
Fox Rent-A-Car has a primary coverage option for liability. This coverage provides the minimum liability insurance required in the rental car’s state. This coverage helps pay for legal fees and judgments if you get sued due to an accident.
For most rental customers, this option is expensive and doesn’t offer much coverage. For a customer with lots of accidents or traffic violations on their recent record, this primary coverage could save you from filing a claim with your auto insurance.
Here are the daily rates for Renter Liability Protection through Fox Rent-A-Car.
| Location | RLP Daily Rate |
|---|---|
| Denver Colorado | $14.50 |
| Los Angeles Airport (LAX) | $13.99 |
| Miami Florida | $13.20 |
Supplemental Liability Protection
Fox Rent-A-Car offers supplemental liability insurance with a coverage limit of up to $1,000,000. This coverage is an added layer of protection in case a lawsuit stems from an accident while you are renting your vehicle.
We charted the rate per day to add this coverage from Fox Rent-A-Car.
| Location | SLP Daily Rate |
|---|---|
| Denver Colorado | $14.99 |
| Los Angeles Airport (LAX) | $11.68 |
| Miami Florida | $16.99 |
Pro Tip: Umbrella liability insurance policies (with better coverage) can be purchased for around $1/day through companies like USAA.
Personal Accident Coverage
Fox Rent-A-Car offers a Personal Accident and Personal Effects Coverage package. Personal Accident Coverage pays out for accidental medical expenses or accidental death. The Personal Effects Coverage is limited protection for damaged personal items in the vehicle.
Although you can purchase this package policy online, coverage limits are only available to customers at the rental counter. We discovered this disclaimer through Live Chat with a Fox Rent-A-Car customer service representative and voiced our concerns with them!
Here are the minimum and maximum daily rates for Fox’s Personal Accident Coverage.
| PAC Min Daily Rate | PAC Max Daily Rate |
|---|---|
| $3.34 | $4.99 |
Pro Tip: Don’t purchase policies with hidden limits. Policies should be immediately transparent about limits in coverage!
Customers can use these alternatives to provide themselves with cheaper and more universal coverage for injuries and personal belongings.
- Check your existing auto insurance for medical coverage
- Find Travel Insurance with better coverage for unexpected medical costs and personal belongings
- Check with medical insurance to find out if or when coverage applies while traveling
- Make sure that everyone has adequate term life insurance coverage
Roadside Service Assistance
Fox Rent-A-Car presents a Roadside Assistance option for customers. The coverage will waive the first $400.00 in expenses for each incident, including glass and tires.
Roadside Assistance through Fox covers the following incidents:
- Lockout
- Running out of Gas
- Flat Tire
- Jumpstart
- Towing
This Roadside Service Assistance is available for a flare rate at all Fox locations.
| RSA All Locations Daily Rate |
|---|
| $6.49 |
Roadside assistance is available through other companies or auto insurance plans for better rates. But if you don’t have this coverage, choosing Fox’s Roadside Service Assistance could save you money.
Fox Rent-A-Car’s Rental Car Insurance Versus Regular Car Insurance
For many car renters, their existing Auto Insurance provides superior coverage at a better rate than Fox Rent-A-Car’s options.
In this chart, see how each policy type compares to the coverages on most auto insurance policies.
| Coverage | Fox Rent-A-Car | Auto Insurance |
|---|---|---|
| Supplemental Liability | Covers an additional $1 Million | Policy Limits Selected by User Plus Any Umbrella Liability Insurance |
| Rental Car | Loss Damage Waiver: Covers Selected Rental Car | Comprehensive & Collision: Typically Covers Rental Car After Deductible, Check Policy for Details |
| Personal Accident Insurance | Details Only Available During Checkout at Rental Counter | Coverage is Usually Higher than Rental Car Companies, Check Your Policy |
| Roadside | Lockout, Flat Tire, Fuel Delivery, Towing, Jumpstart | Similar Services Usually Available for Only a Few Extra Dollars a Month. AAA works well for this. |
Check with your auto insurance company or agent to verify that your policy covers your rental car selection!
Fox Rent-A-Car Rental Car Insurance Versus Credit Card Coverage
Fox’s Loss Damage Waiver is similar to a Collision Damage Waiver. Collision Damage Waivers are available through select credit cards.
To access a complimentary Collision Damage Waiver through your credit card, follow these steps.
- Verify that your credit card provides the benefit and that your selected rental car is covered.
- Pay for the rental car using the credit card with a CDW benefit
- In the event of theft or collision, file a claim through your credit card company.
In the following chart, we compared four credit cards with complimentary Collision Damage Waivers for cardholders to the coverage offered by Fox Rent-A-Car.
| Offer | Cost for Waiver | Vehicle Exclusions | United States Coverage | Coverage Abroad |
|---|---|---|---|---|
| Fox Loss Damage Waiver | $11.00 to $32.99 per Day | Covers Rented Car | Primary | Primary |
| Capital One Venture X Travel Rewards | Included | Expensive or Luxury Cars, Large Passenger Vehicles | Primary | Primary |
| Chase Sapphire Reserve | Included | Expensive or Luxury Cars, Large Passenger Vehicles | Primary | Primary |
| Costco Anywhere Visa Card by Citi | Included | Expensive or Luxury Cars, Large Passenger Vehicles | Secondary to Auto Insurance | Primary |
| Bank of America Travel Rewards | Included | Expensive or Luxury Cars, Large Passenger Vehicles | Secondary to Auto Insurance | Primary |
Reminder: We recommend checking that your rental vehicle is covered since luxury or expensive rental cars are excluded from most Collision Damage Waiver benefits.
Pro Tip: Collision Damage Waivers (CDW) is not liability insurance. This coverage is designed to protect the vehicle and that is all. At-fault drivers will be financially responsible for third-party bodily injury and property damage. Make sure you have a liability insurance policy!
The Bottom Line: Should You Buy Fox Rent-A-Car Insurance?
Instead of relying on Fox Rent-A-Car’s policies, we highly recommend choosing policies from other companies. Doing so will save you money since other policies cost less.
If you find yourself booking a rental car without other insurance options, even the expensive options from Fox will beat having no coverage.
Frequently Asked Questions
What is the purpose of rental car insurance?
Rental car insurance protects customers from financial responsibility for the rental car. Customers must pay for rental cars that are stolen or damaged. So Rental Car Insurance, or a Collision Damage Waiver, waives that customer’s financial responsibility.
Am I responsible for stolen rental cars?
Stolen rental cars are the responsibility of the rental customer, even if the customer is not at fault. Customers should have coverage to pay for stolen rental cars.
References
(2022). Does My Costco Anywhere Visa Card by Citi Include Rental Car Insurance. Costco Travel. Retrieved November 15, 2022, from https://costco-travel-us-mbr.custhelp.com/app/answers/detail/a_id/5902/~/does-my-costco-anywhere-visa%C2%AE-card-by-citi-include-rental-car-insurance%3F
(2022). Rental Car Policies. Fox Rent A Car. Retrieved December 9, 2022, from https://www.foxrentacar.com/en/locations/united-states/colorado/denver-airport/rental-policies.html
(2022). Visa Guide to Benefits. business.bofa.com. Retrieved November 16, 2022, from https://business.bofa.com/content/dam/boamlimages/documents/PDFs/visa_guide_to_benefits.pdf
Jesse Cunningham V is a professional writer and licensed insurance agent. He has worked in the insurance industry in different capacities, starting as a customer service representative and working his way up to an independent agency owner. He is licensed in the states of Maryland and Pennsylvania for Property, Casualty, Life, and Health products. Jesse has worked with many national carriers, including Nationwide, State Farm, Travelers, and Liberty Mutual, and specializes in car and home insurance and health, life, accidental death, and disability insurance. He writes for multiple publications including FIXD and Bauple.com. All articles by Jesse are opinion-based. Speak with your licensed insurance agent about the particulars of your insurance before making any decisions.
