peacefirefoundation

Doesn’t it seem confusing sometimes merely to get yourself a rental car? There appears to be so much paperwork therefore many decisions to make.

For example, should you obtain the collision damage waiver or not? Should you buy additional insurance coverage from the car rental company?

If you have ever watched people at the rental car counter, you know these are questions that a lot of people struggle with. Sometimes it is possible to decline additional insurance on car rentals, but there are particular instances that you should always choose the insurance. But how will you know?

One of the biggest areas of confusion may be 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 harm to the rental car. It generally does not cover property damage or personal injury. If CDW is purchased, the car rental company waives some or all of its to gain from you for physical damages to the car.

So should luxury car hire purchase the CDW the car rental agency pushes at you? Experts say that most people don’t require it but purchase it anyway. This is the very costly mistake!

You can save yourself plenty 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 charge card you are using offers any coverage for renting. And lastly, check the options the car rental agency offers in its own policies.

Many car insurance policies include all-inclusive and collision coverage to damages to rental cars. There is absolutely no sense paying for more if your policy includes this coverage, right? Just verify the details with your insurance professional 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 within an accident while driving accommodations car, your policy will most likely cover you. If your vehicle insurance policy will not provide these coverages if you are driving car rentals, be sure to purchase additional insurance from the car rental company to protect yourself.

In addition, many bank cards offer coverage for rental cars. If your credit card includes coverage for car rentals which were damaged in an accident, you don’t have 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 charge card covers you. Then discuss the car rental’s coverage with the agent. Always make an informed decision. Don’t give into pressure by the automobile rental agent.

Deciding whether or not to cover additional insurance coverage the car rental companies offer could be a tough decision. Check with your credit cards and existing car insurance policy to see if they provide rental car provisions, and if they don’t really, you’d better consider spending the excess money for additional insurance for your own protection.