Doesn’t it seem confusing sometimes just to get a rental car? There is apparently so much paperwork and so many decisions to make.
For instance, should you obtain the collision damage waiver or not? Should you get additional insurance coverage from the car rental company?
If you’ve ever watched people at the rental car counter, you know they’re 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 ought to always buy the insurance. But how are you aware?
One of the biggest regions of confusion could be the Collision Damage Waiver (CDW) made available from the car rental company during the time of rental. It covers damage to the rental car if you’re involved in an accident.
The CDW isn’t exactly insurance, and it only covers only damage to the rental car. It doesn’t cover property damage or personal injury car rental in kelambakkam. If CDW is purchased, the car rental company waives some or all its right to gain from you for physical damages to the car.
So should you buy 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 is a very expensive mistake!
You can save yourself lots of hassle and unnecessary cost by doing three things. First, check your personal car insurance plan to see what coverage carries to rental cars. Second, see if the credit card you are using offers any coverage for renting. And finally, check the options the car rental agency offers in a unique policies.
Many car insurance policies include all-inclusive and collision coverage to damages to rental cars. There is no sense investing in more if your policy includes this coverage, right? Just verify the details with your insurance agent when you decline the car rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that also includes 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 car or truck insurance plan doesn’t provide these coverages when you’re driving car rentals, be sure to purchase additional insurance from the car rental company to guard yourself.
Additionally, many bank cards offer coverage for rental cars. If your credit card includes coverage for car rentals that have been damaged in an accident, you don’t need to buy every other additional insurance coverage the car rental company offers you.
Finally, read the car rental policy carefully and decide if your car or truck insurance or credit card covers you. Then discuss the car rental’s coverage with the agent. Always make an educated decision. Don’t give into pressure by the car rental agent.
Deciding if to pay for additional insurance coverage the car rental companies offer could be a tough decision. Check with your bank cards and existing car insurance plan to see if they provide rental car provisions, and if they don’t, you’d better consider spending the extra money for extra insurance on your own protection.