We strongly recommend that you take out some form of insurance when renting a car to protect yourself against any unlikely situation that may be out of your control such as a car crash.
The majority of companies will include a basic level of insurance cover with your quote; however you need to make sure that you read into the finer details and understand all their terms and conditions associated. When dealing with car rental insurance it can often seem daunting and quite confusing to understand just exactly what will suit your particular needs and if you will be covered. Often companies will off basic ‘Third-Party’ insurance which will cover any damage caused by YOU to THIRD parties. A point to remember is that this type of insurance WILL NOT cover you for any damage that is done to the rental car and it will be your sole responsibility to pay for any damage.
An additional form of insurance that some companies may offer is cover against theft of the vehicle. Nowadays Collision Damage Waiver is a form of insurance usually included in the quoted amount. This means that in the event of an accident, most of the damage will be covered by insurance. It is however important to read the terms of the Damage Waiver clause closely as the coverage may carry an excess and there might be exclusions. The excess on a policy is the amount that the renter will have to pay in case of an accident, whereas the exclusions lets the renter know what type of damage is not covered by the Collision Damage Waiver. Typical exclusions in a Collision Damage Waiver may be tires, windows or roof, but these exclusions differ from company to company to make sure you know exactly what it does and doesn’t include. |
