Doesn’t it seem confusing sometimes merely to get yourself 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? Should you buy additional insurance plan from the car rental company?
If you have 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 specific instances that you ought to always choose the insurance. But how do you know?
rentals car near me One of the biggest areas of confusion may be the Collision Damage Waiver (CDW) offered 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, and it only covers only harm to the rental car. It doesn’t 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 car.
So should you choose the CDW the automobile 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 to see what coverage carries over to rental cars. Second, see if the credit card you are using offers any coverage for renting. And lastly, 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 no sense paying for more if your policy includes this coverage, right? Just verify the details with your insurance agent before you decline the automobile rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that extends to 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 when you are driving car rentals, make sure to purchase additional insurance from the automobile 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 have to buy any other additional insurance plan the car rental company offers you.
Finally, browse the car rental policy carefully and decide whether or not 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 can be quite 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, you’d better consider spending the extra money for additional insurance for your own protection.