Doesn’t it seem confusing sometimes merely 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? Should 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 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 at the time of rental. It covers harm to the rental car if 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 car rental company waives some or all of its right 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 most people don’t need it but purchase it anyway. That is a very costly mistake!
London luxury car hire 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’re using offers any coverage for renting. And finally, check the options the car rental agency offers in its policies.
Many auto insurance policies include all-inclusive and collision coverage to damages to rental cars. There is absolutely no sense spending money on 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 car insurance policies provide liability coverage that reaches car rentals. If you injure someone in an accident while driving a rental car, your policy will often cover you. If your car insurance policy will not provide these coverages if you are driving car rentals, make sure you purchase additional insurance from the automobile rental company to protect yourself.
In addition, many bank 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 have to buy any other additional insurance plan the car rental company gives 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 can be a tough decision. Check with your credit cards and existing car insurance policy to see should 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.
