Rental reimbursement coverage endorsement

Term · Insurance and risk management · MLC-T-INS-002883

An optional addition to a personal auto policy that pays for the cost of a rental car while the insured's vehicle is being repaired after a covered loss. The coverage is subject to a daily limit and a maximum total payout per claim, such as $50 per day up to a maximum of $1,500. This endorsement does not apply to vehicle rentals for routine maintenance or leisure travel.

Table 1. Record
Identifier	MLC-T-INS-002883
Field	Insurance and risk management
Subject	Personal Lines

Record as JSON

{
  "id": "MLC-T-INS-002883",
  "term": "Rental reimbursement coverage endorsement",
  "field": "Insurance and risk management",
  "definition": "An optional addition to a personal auto policy that pays for the cost of a rental car while the insured's vehicle is being repaired after a covered loss. The coverage is subject to a daily limit and a maximum total payout per claim, such as $50 per day up to a maximum of $1,500. This endorsement does not apply to vehicle rentals for routine maintenance or leisure travel.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/rental-reimbursement-coverage-endorsement/"
}

Record 2,948 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.