Doesn’t it seem confusing sometimes just to get a rental car? There appears to be so much paperwork therefore many decisions to make.
For example, should you get the collision damage waiver or not? Should you buy additional insurance plan from the automobile rental company?
If chauffeur service & rolls Royce phantom hire have ever watched people at the rental car counter, you know these are questions that most people struggle with. Sometimes it is possible to decline additional insurance on car rentals, but there are specific instances that you should always choose the insurance. But how do you know?
One of the biggest regions of confusion is the Collision Damage Waiver (CDW) provided by the car rental company at the time of rental. It covers damage to the rental car for anyone who is involved in an accident.
The CDW isn’t exactly insurance, also it only covers only damage 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 car rental agency pushes at you? Experts say that most people don’t need it but purchase it anyway. It is a very costly mistake!
You can save yourself a lot of hassle and unnecessary cost by doing three things. First, check your own car insurance policy to see what coverage carries over to rental cars. Second, see if the credit card you’re using offers any coverage for renting. And finally, check the options the automobile rental agency offers in its own 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 before you decline the automobile rental company’s additional insurance options.
Typical auto 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 does not provide these coverages if you are driving car rentals, make sure to purchase additional insurance from the car rental company to protect yourself.
In addition, many credit cards offer coverage for rental cars. If your charge card includes coverage for car rentals which were damaged in an accident, you don’t need to buy any other additional insurance plan 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 the automobile rental’s coverage with the agent. Always make an informed decision. Don’t give into pressure by the car rental agent.
Deciding whether or not to cover 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 should they provide rental car provisions, and when they don’t, you’d better consider spending the extra money for additional insurance on your own protection.