What insurance do I need to rent a Lamborghini in Miami?

If you read the requirements page you can see that one of the most important requirements to have is the proper insurance. Not all insurance policies are the same and having the right coverage will allow you to rent the best Lamborghini in Miami. If you don’t have enough coverage you can always call your insurance and increase your limits so you have enough coverage to cover the car. Here are all the things you will need to ask your insurance provider before getting in the driver’s seat of a Lamborghini.

Full Coverage Insurance

First of all, you need to have a full coverage insurance policy. Full coverage insurance covers any damages you might have during your rental. Full coverage insurance refers to an auto insurance policy that includes both liability insurance as well as collision insurance, comprehensive insurance, and personal injury protection.

Transferrable policy

Your insurance policy must be transferrable. This means that it covers you and the vehicle even while you drive a rental car. Generally, the liability limits of your auto insurance policy that you carry on your current vehicle would transfer over to a rental car. For example, if you have limits of $100,000/$300,000/$100,000 on your personal auto insurance policy then those limits would transfer over to the Lamborghini rental car.

Coverage Limits

If you own an exotic car then your auto insurance policy will definitely have the proper coverage to cover your rental but most people looking to rent a Lamborghini in Miami won’t own an exotic car. What most people don’t know is even if you don’t own a Lamborghini but own or lease a luxury car you might already have the proper coverage to rent a Lambo.

Bodily Injury Coverage

If you look through your insurance declaration page or call your insurance provider you will see your bodily injury coverage. In order to rent a Lamborghini, you are required to have a minimum of $100,000 each person$300,000 each occurrence.

Collision Coverage

Collision coverage is the amount of coverage your insurance will provide for the vehicle you are driving. In order to rent a Lamborghini, you need to have a minimum of $100,000 collision coverage.

Insurance Policy Age

If your insurance policy is brand new you won’t be able to rent a Lamborghini. Most exotic car rental services require you to have had the policy for at least 3 months. New Policies are a bad sign for car rental companies because

Declaration Page

The declaration page provides the most important information about your personal insurance policy. It outlines your coverage limits and is something you need to have available before renting a Lambo in Miami. The declaration page lets the exotic car rental agency know that you have the proper coverage to cover the vehicle in the event of an accident as well as cover any other damages to yourself or others.

Decleration Page Sample