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.
If you've ever watched people at the rental car counter, you
know these are questions that most people struggle with. Sometimes you can
decline additional insurance on car rentals, 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 Collision
Damage Waiver (CDW) offered by the car 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 car rental company waives some or all of its right 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. This
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 are
using offers any coverage for renting. And finally, 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 no sense paying for more
if your policy includes this coverage, right? Just verify the details with your
insurance agent before you decline the car 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 when you are driving car rentals, 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 rentals that have been
damaged in an accident, you don't need to buy any other additional insurance
coverage the car rental company offers you.
Finally, read the car rental policy carefully and decide
whether or not your car insurance or credit 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 car rental agent.
Deciding whether or not to pay for additional insurance
coverage the car 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 provisions, and if they don't, you'd better consider spending the
extra money for additional insurance for your own protection.
You shouldn't pay for anything that 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.Visit www.autojuusolat.com/
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