Doesn’t it seem confusing sometimes merely to get a rental car? There appears 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 you can decline additional insurance on car rentals, but there are particular instances that you need to always buy the insurance. But how will you know?
One of the biggest areas of confusion may be the Collision Damage Waiver (CDW) offered by the car rental company during rental. It covers damage to the rental car when 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 personal injury. If CDW is purchased, the automobile rental company waives some or most of its to gain from you for physical damages to the car.
So should you purchase 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 to rental cars. Second, see if the charge card you are using offers any coverage for renting. And finally, check the options the automobile rental agency offers in its policies.
Many car 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 car 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 accommodations car, your policy will most likely cover you. If your car insurance policy will not provide these coverages when you are driving car rentals, be sure you purchase additional insurance from the car rental company to protect yourself.
In addition, many credit 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 any other additional insurance coverage the car rental company gives you.
Finally, read the car rental policy carefully and decide whether or not your car insurance or credit card covers you. Then discuss miami car rental luxury 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 automobile rental companies offer could be 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 really, you’d better consider spending the extra money for additional insurance for your own protection.