Doesn’t it seem confusing sometimes merely to get a rental car? There seems to be miami supercar rental to make.
For example, should you obtain the collision damage waiver or not? In the event 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 you can decline additional insurance on car rentals, but there are particular instances that you should always buy the insurance. But how will you know?
One of the biggest regions of confusion is the Collision Damage Waiver (CDW) offered by the car rental company during rental. It covers damage to the rental car for anyone who is 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 accidental injury. If CDW is purchased, the car rental company waives some or most of its right to gain from you for physical damages to the car.
So should you purchase the CDW the car rental agency pushes at you? Experts say that a lot of people don’t require it but purchase it anyway. It is a very costly mistake!
You can save yourself plenty of hassle and unnecessary cost by doing three things. First, check your personal car insurance policy to see what coverage carries over 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 policies.
Many auto insurance policies include all-inclusive and collision coverage to damages to rental cars. There is absolutely no sense paying for more if your policy includes this coverage, right? Just verify the details with your insurance agent before you decline the car rental company’s additional insurance options.
Typical auto 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 will not provide these coverages if you are driving car rentals, be 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 credit 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, read the car rental policy carefully and decide whether or not your car insurance or charge card covers you. Then discuss the automobile 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 pay for additional insurance coverage the car rental companies offer could be a tough decision. Check with your credit cards and existing car insurance policy to see if they provide rental car provisions, and if they don’t really, you’d better consider spending the excess money for additional insurance on your own protection.