Doesn’t it seem confusing sometimes just to obtain a rental car? There is apparently so much paperwork and so many decisions to make.
As an example, should you obtain the collision damage waiver or not? Should you buy additional insurance coverage from the car rental company?
If you’ve ever watched people at the rental car counter, you understand they are questions that a lot of people struggle with. Sometimes you are able to decline additional insurance on car rentals, but you can find specific instances that you should always purchase the insurance. But how have you any idea?
One of the biggest aspects of confusion is the Collision Damage Waiver (CDW) provided by the car rental company during the time of rental. It covers injury to the rental car if you’re associated with an accident.
The CDW isn’t exactly insurance, and it only covers only injury to the rental car. It doesn’t cover property damage or personal injury. If CDW is purchased, the car rental company waives some or each of its right to gain from you for physical damages to the car.
So should you acquire the CDW the car rental agency pushes at you? Experts say that a lot of people don’t want it but purchase it anyway. This can be a too costly mistake!
You can save your self plenty of hassle and unnecessary cost by doing three things. First, check your personal car insurance policy to see what coverage carries over to car rental in kelambakkam. Second, see if the charge card you are using offers any coverage for renting. And finally, check the options the car rental agency offers in its policies.
Many car insurance policies include all-inclusive and collision coverage to damages to rental cars. There’s no sense spending money on more if your policy includes this coverage, right? Just verify the important points together with your insurance agent when you decline the car rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that reaches 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 doesn’t provide these coverages if you are driving car rentals, make sure to purchase additional insurance from the car rental company to safeguard yourself.
Furthermore, many charge cards offer coverage for rental cars. If your charge card includes coverage for car rentals which have been damaged in an accident, you do not need to buy some other additional insurance coverage the car rental company offers you.
Finally, read the car rental policy carefully and decide if your vehicle insurance or charge card covers you. Then discuss the car rental’s coverage with the agent. Always make an informed decision. Don’t give into pressure by the car rental agent.
Deciding if to fund additional insurance coverage the car rental companies offer could be a tough decision. Check together with your charge cards and existing car insurance policy to see if they offer rental car provisions, and if they don’t, you’d better consider spending the excess money for additional insurance on your own protection.