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 accidents damage waiver or not? Should you buy additional insurance coverage from the car rental company?
If you’ve ever observed people at the rental car counter, you exotic rentals miami know these are questions that most people suffer from. Sometimes you can decline additional insurance on car space leases, but there are specific instances that you should always buy the insurance. But how do you know?
One of the biggest areas of confusion is the Accidents Damage Waiver (CDW) offered by the automobile 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 automobile rental company waives some or all of its right to gain from you for physical damages to the car.
So should you buy CDW the automobile rental agency pushes at you? Experts say that most people don’t need it but purchase it anyway. This is a extremely expensive mistake!
You can stay away from 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 booking. And finally, check the specifications the automobile rental agency offers in a unique policies.
Many car insurance policies include all-inclusive and accidents 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 insurance broker before you decline the automobile rental company’s additional insurance options.
Typical car insurance policies provide liability coverage that also includes car space leases. If you harm 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 when you are driving car space leases, 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 space leases which were damaged in an accident, you don’t need to buy any other additional insurance coverage the automobile rental company gives you.
Finally, investigate 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 pay for additional insurance coverage the automobile 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 specifications, and if they don’t, you’d better consider spending the excess money for additional insurance for the protection.
You shouldn’t pay for most things you really don’t need! On the other hand, you don’t wish to have inadequate coverage in the event of an accident with Rental Cars.