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 obtain the collision damage waiver or not? In the event you buy additional insurance plan from the car rental company?
If you’ve ever watched people at the rental car counter, you understand 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 should always buy the insurance. But how will 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 harm to the rental car in case you are involved in an accident.
The CDW isn’t exactly insurance, also it only covers only harm to the rental car. It generally does not cover property damage or accidental injury. If CDW is purchased, the automobile 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 a 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. 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 policies.
Many auto insurance policies include all-inclusive and collision coverage to damages to rental cars. There is no sense spending money on more if your policy includes this coverage, right? Just verify London luxury car hire with your insurance agent before you decline the automobile 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 in an accident while driving accommodations car, your policy will often cover you. If your vehicle insurance policy will not provide these coverages while you are driving car rentals, make sure you purchase additional insurance from the car rental company to protect yourself.
In addition, many credit cards offer coverage for rental cars. If your charge card includes coverage for car rentals which have been damaged in an accident, you don’t need to buy any other additional insurance coverage the car rental company offers you.
Finally, read the car rental policy carefully and decide whether 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 car rental agent.
Deciding whether or not to pay for additional insurance coverage the automobile rental companies offer could be a tough decision. Consult with your credit cards and existing car insurance to see should they provide rental car provisions, and if they don’t, you’d better consider spending the extra money for additional insurance on your own protection.
