Doesn’t it seem confusing sometimes just to acquire a rental car? There seems to be so much paperwork and so many decisions to make.
As an example, should you get the collision damage waiver or not? Should you get additional insurance coverage from the vehicle 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 ought to always choose the insurance. But how are you aware?
Among the biggest aspects of confusion may be the Collision Damage Waiver (CDW) made available from the vehicle 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 vehicle rental company waives some or each of its right to achieve from you for physical damages to the car.
So should you buy the CDW the vehicle rental agency pushes at you? Experts say that a lot of people don’t require it but purchase it anyway. This is a very costly mistake!
You can save your self plenty of hassle and unnecessary cost by doing three things. First, check your personal car insurance plan to see what coverage carries over to rental cars. Second, see if the credit card you are using offers any coverage for renting. And finally, check the options the vehicle 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 spending money on more if your policy includes this coverage, right? Just verify the details with your insurance agent when you decline the vehicle rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that also includes car rentals. If 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, make sure to purchase additional insurance from the vehicle rental company to guard yourself.
In addition, many bank cards offer coverage for rental cars. If your credit card includes coverage for car rentals which have been damaged in an accident, that you don’t need to get some other additional insurance coverage the vehicle rental company offers you.
Finally, read the vehicle rental policy carefully and decide if your car or truck insurance or credit card covers you. Then discuss the vehicle rental’s coverage with the agent. Always make an educated decision. Don’t give into pressure by the vehicle rental agent.
Deciding if to pay for additional insurance coverage the vehicle rental companies offer can be quite a tough decision. Check with your bank cards and existing car insurance plan to see if they supply rental car provisions, and if they do not, you’d better consider spending the excess money for additional insurance on your own protection.