Doesn’t it seem confusing sometimes just to get a rental car? There seems to be so much paperwork and so many decisions to make.
For example, should you get the accident damage waiver or not? Should you buy additional insurance coverage from the car rental company?
If you’ve ever saw people at the rental car counter, you know these are questions that most people have trouble with. Sometimes you can decline additional insurance on car rental lamborghini rental miami accommodations, but a number of instances that you should always buy the insurance. But how do you know?
One of the biggest areas of confusion is the Accident Damage Waiver (CDW) offered by the auto rental company at the time of rental. It covers damage to the rental car if you are 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 auto rental company waives some or all of its directly to gain from you for physical damages to the car.
So should you choose the CDW the auto rental agency pushes at you? Experts say that most people don’t want it but purchase it anyway. This is a very pricey mistake!
You can avoid 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 are using offers any coverage for hiring. And finally, check the opportunity the auto rental agency offers in a policies.
Many car insurance policies include all-inclusive and accident 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 agent before you decline the auto rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that extends to car rental accommodations. 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 insurance coverage when you are driving car rental accommodations, be 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 credit card includes coverage for car rental accommodations that were damaged in an accident, you should not buy any other additional insurance coverage the auto rental company will give you.
Finally, look at the car rental policy carefully and decide whether or not your car insurance or credit card covers you. Then discuss the auto 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 pay for additional insurance coverage the auto rental companies offer can be a tough decision. Check with your credit cards and existing car insurance policy to see if they provide rental car conditions, and if they don’t, you’d better consider spending any additional money for additional insurance on your own protection.
You shouldn’t pay for whatever you really don’t need! On the other hand, you don’t want to have inadequate coverage in the event of an accident with Rental Cars.