Car rental insurance 

Car rental insurance is something that all motorists need to make themselves aware of. To make sure the motorist is in the know a lot of things should be covered and a lot of questions should be asked. For instance, does your credit card cover damages to basic types of rental cars? Before going on a trip one will need to check with their particular agency to decide whether or not car rental insurance is something that you’ll need. There are different types of coverage or coverages and reasons why it is smart to talk to your local agency before making the trip. 

It is best to ask your current personal car insurance company as many pertinent questions as possible to make sure that you are well covered. Another place you’ll need to check in with is your credit card company. Most credit card companies will not insure SUV’s, exotic cars, or sports cars. Check with yours to see exactly what cars they will insure. If you don’t ask the right questions you could be paying for policies, coverages or rates that you don’t need or are already paying for. 

One reason why you’ll want to check when planning your trip is to figure out if the rental insurance company holds you totally liable. Most rental agencies will hold you totally responsible if the car is damaged or stolen. Another reason you’ll want to check is that you may believe that there is no reason to pay for coverages you already have. It is possible for coverages to be anywhere from $ 12-$ 25 a day. However you may choose to pay this in order to protect your current personal car insurance rates. One last reason is that you’ll need to discover how convenient or inconvenient your situation is. Most times the only way to change your rental coverage rates when renting is by taking back the rental to the agency and writing out a new agreement. 

 

When talking to your credit card company make sure you ask if it is primary or secondary. In some cases insurance rates become primary when there is the absence of personal collision insurance. However when at the counter, there are a few main coverages that will be offered to you. These are: CDW (Collision Damage Waiver), LDW (Loss Damage Waiver), PDW (Physical Damage Waiver), LIS (Liability Insurance Supplement), PAI (Personal Accident Insurance), and PEC (Personal Effects Coverage). Bottom line, don’t overlook anything and ask all the questions you need to.