How we made our decisions:
How did we choose the best car rental products?
Insider Reviews combed through the online specifications and customer reviews of car rental offers on the market. The research included car rental quotes from many companies and considered factors such as what is included in the rental agreement, the number of locations, the satisfaction levels of their customer service and the value for money on offer.
How far in advance should I book a car rental for the best price?
The received wisdom is that it's better to book as early as possible to book a rental car, between three to six months is optimal. There's no real advantage booking any further out, and prices increase the closer to your trip you leave it.
Are some days cheaper than others for picking up a vehicle?
Weekend pick-ups tend to be slightly cheaper, with Monday and Tuesday pick-ups usually slightly more expensive. Compare airport pick-ups versus locations in the city, even factoring a taxi to these locations. Some cities will always be cheaper at the airport, while others will see the complete opposite.
Is it worth paying for insurance?
First of all, you may already be covered, so check with your car insurance policy, or call your insurance company to find out if your existing coverage extends to a rental car. Car rental companies typically offer the following coverage options at the counter as you sign the lease agreement, and it's really down to individual circumstances as to whether you take these out (though some kind of liability insurance is usually compulsory):
Loss-damage/collision damage waiver: This typically waives financial responsibility if the car is damaged or stolen, towed or incurs similar fees. Typical cost: $9–$19 a day.
Liability coverage: This is usually required coverage, protects you from potential lawsuits and typically costs around $7–$14 a day.
Personal accident insurance covers medical costs that might be incurred after an accident. Typical cost: $1–$5 a day.
Personal effects coverage insures against theft any possessions that you might keep in the rental car and typically costs $1–4 a day.
Is it worth joining loyalty programs?
Most loyalty programs are free to join, and sometimes there are immediate benefits or offers, so, there's really no downside to signing up. As with airline frequent flyer programs, the more you can build up by using the same company, the more benefits you will accrue, so frequent renters should look at their travel plans and the companies that will offer the most attractive benefits to members.
Where can I get a rental quote?
Most car rental companies will happily supply quotes on their websites without too much information being required. Third-party comparison sites are also very popular and can list dozens of options after entering personal information just once.