Doesn’t it seem confusing sometimes just to get yourself a rental car? There appears to be so much paperwork and so many decisions to make.
For example, should you get the collision damage waiver or not? In the event you buy additional insurance coverage from the automobile rental company?
If you’ve ever watched people at the rental car counter, you understand these are questions that most people struggle with. Sometimes it is possible to decline additional insurance on car rentals, but there are specific instances that you ought to always choose the insurance. But how do you know?
One of the biggest regions of confusion may be the Collision Damage Waiver (CDW) offered by the car rental company during rental. It covers harm to the rental car in case you are involved in an accident.
The CDW isn’t exactly insurance, and it only covers only damage to the rental car. It doesn’t cover property damage or personal injury. If CDW is purchased, the automobile rental company waives some or most of its right to gain from you for physical damages to the car.
So should you choose the CDW the automobile rental agency pushes at you? Experts say that a lot of people don’t require it but purchase it anyway. This is the very costly mistake!
You can save yourself plenty of hassle and unnecessary cost by doing three things. First, check your own car insurance to see what coverage carries over to rental cars. car rental company Second, see if the charge card you are using offers any coverage for renting. And finally, check the options the car rental agency offers in its own policies.
Many car insurance policies include all-inclusive and collision coverage to damages to rental cars. There is absolutely no sense paying for more if your policy includes this coverage, right? Just verify the facts with your insurance professional before you decline the car rental company’s additional insurance options.
Typical auto insurance policies provide liability coverage that extends to car rentals. In the event that you injure someone within an accident while driving accommodations car, your policy will most likely cover you. If your vehicle insurance policy will not provide these coverages when you are driving car rentals, make sure you purchase additional insurance from the car rental company to safeguard yourself.
In addition, many credit cards offer coverage for rental cars. If your charge card includes coverage for car rentals that have been damaged in an accident, you don’t need to buy any other additional insurance plan the car rental company gives you.
Finally, read the car rental policy carefully and decide whether or not your car insurance or credit card covers you. Then discuss the car rental’s coverage with the agent. Always make the best decision. Don’t give into pressure by the automobile rental agent.
Deciding whether or not to cover additional insurance coverage the car rental companies offer can be a tough decision. Check with your credit cards and existing car insurance policy to see if they provide rental car provisions, and if they don’t really, you’d better consider spending the extra money for additional insurance on your own protection.