Doesn’t it seem confusing sometimes just to obtain a rental car? There seems to be so much paperwork and so many decisions to make.
For instance, should you get the collision damage waiver or not? Should 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 you can find specific instances that you should always buy the insurance. But how have you any idea?
One of the biggest regions of confusion is the Collision Damage Waiver (CDW) offered by the automobile rental company at 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. If CDW is purchased, the automobile rental company waives some or most of its right to get from you for physical damages to the car.
So should you acquire the CDW the automobile rental agency pushes at you? Experts say that most people don’t want it but purchase it anyway. This is a very costly mistake!
You can save yourself lots of hassle and unnecessary cost by doing three things. First, check your own car insurance policy to see what coverage carries to rental cars. Second, car rental in kelambakkam see if the credit 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 spending money on more if your policy includes this coverage, right? Just verify the important points along with your insurance agent when you decline the automobile rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that extends to car rentals. If you injure someone in an accident while driving a rental car, your policy will often 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 automobile rental company to guard yourself.
In addition, many charge cards offer coverage for rental cars. If your credit card includes coverage for car rentals that have been damaged in an accident, you never need to purchase any other additional insurance coverage the automobile rental company offers you.
Finally, read the automobile rental policy carefully and decide if your car insurance or credit card covers you. Then discuss the automobile rental’s coverage with the agent. Always make an educated decision. Don’t give into pressure by the automobile rental agent.
Deciding if to cover additional insurance coverage the automobile rental companies offer can be a tough decision. Check along with your charge cards and existing car insurance policy to see if they supply rental car provisions, and if they do not, you’d better consider spending the extra money for additional insurance for your own personel protection.