Doesn’t it seem confusing sometimes merely to get a rental car? There seems to be so much paperwork and so many decisions to make.
For example, should you obtain the collision damage waiver or not? In the event you buy additional insurance plan from the automobile rental company?
If you’ve ever watched people at the rental car counter, you know these are questions that a lot of people struggle with. Sometimes it is possible to decline additional insurance on car rentals, but there are particular instances that you need to always buy the insurance. But how do you know?
One of the biggest areas of confusion may be the Collision Damage Waiver (CDW) provided by the car rental company during rental. It covers damage to the rental car when you are involved in an accident.
The CDW isn’t exactly insurance, also it only covers only harm to the rental car. miami supercar rental does not cover property damage or accidental injury. If CDW is purchased, the car rental company waives some or all of its right to gain from you for physical damages to the car.
So should you choose the CDW the car rental agency pushes at you? Experts say that a lot of people don’t require it but purchase it anyway. This can be a very costly mistake!
You can save yourself plenty of hassle and unnecessary cost by doing three things. First, check your personal car insurance policy to see what coverage carries over to rental cars. Second, see if the charge card you are using offers any coverage for renting. And lastly, check the options the automobile rental agency offers in its 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 agent before you decline the car rental company’s additional insurance options.
Typical auto insurance policies provide liability coverage that reaches car rentals. In the event that you injure someone in an accident while driving a rental car, your policy will often cover you. If your vehicle insurance policy does not provide these coverages if you are driving car rentals, be sure to 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 which were damaged in an accident, you don’t have to buy any other additional insurance coverage the car rental company offers you.
Finally, browse the car rental policy carefully and decide whether or not your car insurance or charge 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 automobile rental companies offer could be a tough decision. Consult with your credit cards and existing car insurance policy to see if they provide rental car provisions, and when they don’t really, you’d better consider spending the extra money for additional insurance for your own protection.