Probability of Having a Rental Car Accident

Approximately 5% of rental car transactions result in some form of damage claim, ranging from minor scratches and dents to major collisions, according to industry data. The average damage claim costs about $1,600, though severe accidents can reach tens of thousands of dollars.

Rental car accidents are more common than personal vehicle accidents on a per-day basis, attributed to unfamiliarity with the vehicle's dimensions and controls, driving in unfamiliar locations, fatigue (especially after flights), pressure to navigate while driving, and the psychological effect of driving a vehicle one doesn't own. Airport rental locations have higher claim rates than neighborhood locations.

Insurance coverage for rental cars is complex: personal auto insurance often extends to rentals, credit cards frequently include rental car coverage (though with various exclusions), and the rental company offers its own collision damage waiver (CDW) and supplemental liability insurance. The rental company's CDW typically costs $15-30 per day. Before declining coverage, travelers should verify their personal insurance and credit card benefits cover rental vehicles, as gaps can result in significant out-of-pocket costs. International rentals often require different coverage.