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 get the collision damage waiver or not? Should you buy additional insurance plan from the automobile rental company?
If you have 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 particular instances that you need to always choose the insurance. But how will you know?
One of the biggest regions of confusion may be the Collision Damage Waiver (CDW) provided by the car rental company during rental. It covers harm to the rental car when you are involved in an accident.
The CDW isn’t exactly insurance, also 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 all of its right to gain from you for physical damages to the car.
So should you purchase the CDW the automobile rental agency pushes at you? Experts say that most people don’t need it but purchase it anyway. This can be a very costly mistake!
You can save yourself a lot 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 lastly, 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 luxury car rentals miami spending money on more if your policy includes this coverage, right? Just verify the details 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 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 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 which have been damaged in an accident, you don’t have to buy any other additional insurance plan the car rental company offers you.
Finally, browse the car rental policy carefully and decide whether 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 automobile rental companies offer could be a tough decision. Check with your credit cards and existing car insurance policy to see should they provide rental car provisions, and if they don’t really, you’d better consider spending the extra money for additional insurance for your own protection.
