Doesn’t it seem confusing sometimes merely to get 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? Should you buy additional insurance plan from the car rental company?
If you have ever watched people at the rental car counter, you know these are questions that most people struggle with. car rental company Sometimes you can decline additional insurance on car rentals, but there are specific instances that you need 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 at the time of rental. It covers harm to the rental car for anyone who is involved in an accident.
The CDW isn’t exactly insurance, and it only covers only harm to the rental car. It generally does not cover property damage or personal injury. If CDW is purchased, the car rental company waives some or all of its to gain from you for physical damages to the automobile.
So should you purchase 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 is usually a very costly mistake!
You can save yourself plenty of hassle and unnecessary cost by doing three things. First, check your own car insurance policy to see what coverage carries to rental cars. Second, see if the charge card you are using offers any coverage for renting. And finally, check the options the automobile rental agency offers in its own policies.
Many auto insurance policies include all-inclusive and collision coverage to damages to rental cars. There is no sense paying for more if your policy includes this coverage, right? Just verify the facts with your insurance professional before you decline the automobile rental company’s additional insurance options.
Typical auto insurance policies provide liability coverage that reaches car rentals. If you injure someone within an accident while driving a rental car, your policy will often cover you. If your car insurance policy will not provide these coverages when you are driving car rentals, make 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 that have been damaged in an accident, you don’t need to buy any other additional insurance coverage the car rental company gives you.
Finally, browse the car rental policy carefully and decide whether your car insurance or credit card covers you. Then discuss the automobile rental’s coverage with the agent. Always make an informed decision. Don’t give into pressure by the car 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 to see if they provide rental car provisions, and when they don’t, you’d better consider spending the excess money for additional insurance on your own protection.