See The Independent Insurance Car

When you step up to the agent to rent a car rental counter will ask if you want to buy rental car insurance. If you say you do not ask you to initial next to each coverage that you decline. The decisions you make these few moments, could have a dramatic effect on the financial situation. Decide whether you want to buy car insurance offered to the car rental desk, before you can hold in serious economic loss or waste of money for insurance they already have or you do not need. One of the questions we are asked most auto insurance agents are "Should I buy auto insurance to be offered a rental car only when I can rent a car?" The answer to this question is maybe. You may be able to provide coverage for a rental car through the insurance you have, or you may decide you need to buy additional protection.

In this article we are going to give you the information you need to make these crucial decisions.

The rental car there are several ways to ensure coverage of it without getting the rental car counter coverage.

Transfer your coverage auto insurance policy in force - If you rent a car and you have an existing auto insurance, you should take your ID with you insurance when you rent the car. The car rental company may require, and can save you time and aggravation, if you are stopped by police in your rental car. Coverage and deductibles on your auto insurance policy will automatically be transferred to the car you rent as you do not use the rental car for business purposes or rent in another country. You should check the declarations page of your personal auto insurance policy to see if you currently carry the responsibility for property damage, comprehensive and collision coverage. Build awareness of your limit the liability of property damage and your deductible comprehensive and collision.

If you rent a car in another country, you should consider purchasing coverage at the rental counter that most insurance policies cover only personal cars to their owners in the country where the policy was written.

Damage to the car will be covered by property damage liability of personal auto insurance policy If you are renting a car a joy to use. However, if you have been involved in an accident, which pertains to your auto insurance policy and the car is in motion for repair. Damage to the courtesy that the rent will be covered by collision and comprehensive coverage of personal auto insurance policy. This means that you must pay the deductible for these coverages if you damage a rental car.

Use the cover offered by your credit card - credit cards Most major rental ads of insurance as one of the benefits of owning their cards. The truth is that the coverage, these cards usually pays only after your personal auto insurance policy limits are exhausted and only if you used their card to pay the total price of the rent. The level of protection with credit cards seems to change on a daily basis, we recommend you call your credit card company to determine your exact level of protection for rental cars. When you speak with a representative of a credit card to request information on liability, comprehensive and collision coverage for rental cars. It is best to get in writing, because it is not uncommon to get several different answers to the same credit card company. You should also ask if there are no exceptions. Many credit cards exclude coverage of luxury or exotic car.

Buy a policy of non-owners auto insurance - If you rent cars often, but you do not have your own car insurance policy you can save yourself a lot of money by buying a "non-owned auto" policy responsibility. This policy gives you the same type of coverage excess liability coverage offered at the rental counter. These types of policies usually cost about $ 300 per year and cover you when driving a private passenger car. This policy provides that protection for bodily injury liability and property damage. It will not pay for damage to your rental car, so you still have to buy the Collision Damage Waiver, or use one of the cover, we discussed earlier .

If you are unable to provide coverage using one of the methods listed in the previous chapter, you should seriously consider purchasing coverage at the rental counter car. It can be difficult to get honest advice on these covers of the dealer, because they receive a commission every time they sell it for you. Do not worry, we have given you all the help you need below.

Collision Damage Waiver (CDW) - This coverage is also called the loss of Damage Waiver (LDW) of some car rental companies. It is often referred to as insurance, but this is false. It is actually a liability waiver. When you purchase this protection by rental company waives your liability for damage or theft of the rental. If something were to happen to the car you can simply submit an application form quickly when you return to the car and the rental company would pay to repair or replace. The price of this protection generally range from $ 15 to $ 25 depending on where you rent.

Warning: This coverage may be void if you cause an accident while breaking the law. This includes excessive speeding, drink-driving or driving off-road so be careful when driving a rental car or a car, for that matter.

If you wear a lower limit such as $ 10 000 to cover liability property damage that you may consider purchasing Collision Damage Waiver because this low threshold may not be enough to pay for the repair or replacement of rent. Remember that you can be held responsible for damage to the car to other people or property if you are involved in the accident and found at fault, and rental companies will charge you for the loss of rental income for the car you damaged. These are all important factors to consider when deciding whether to purchase Collision Damage Waiver.

Another advantage of this coverage is that there is no deductible. This may be a good thing if you were involved in an accident, which pertains to your auto insurance policy and you have to hire a replacement when the vehicle is in motion for repair. You can see in this scenario, damage to the rental car would be covered by comprehensive or collision coverage, which means that you should pay an excess.

The extra responsibilities - car rental companies are required by law in many states to provide minimum liability protection for renters of their vehicles, but this is rarely enough to protect your interests, if you are seriously hurt someone in an accident. The responsibility for personal auto insurance policy will be renting a car so you have the appropriate limits of bodily injury and property damage of personal auto insurance policy, you should not buy the coverage. This coverage will pay only when your personal auto insurance policy limits are exhausted. This protection cost is approximately $ 10 to $ 13 U.S. dollars per day, $ 1 million more than the value of protection.

Personal Accident Insurance - If you or your passengers are injured in an accident or a pedestrian coverage will pay for medical expenses and ambulance fees, if necessary. If you live in a "no fault" state, are uninsured or carry medical coverage for expenses you probably already have this protection and do not need to buy the car rental company. Check your auto policy and health insurance to know for sure. At the request of this type of loss of auto insurance policy will not cause an increase in the price if it is coated with another policy, is not really advantage to buying the car rental company. The price of this protection extends generally between $ 2 and $ 5 per day, depending on where you rent.

Personal Effects Coverage - This coverage is for theft of you or your passengers personal items such as cameras, camcorders and laptops. This protection can also work on your homeowners or renters policy if you have one, you may not need to buy the car rental company. But the owners or tenants, deductibles are usually $ 500 or more, and all your items, can not be covered. Please see your policy statements for your deductible and exclusions to see if the items you take with you is covered.

One of the advantages of purchasing this coverage from the rental company car is usually not have to pay a deductible. Just file a claim when you return the rental car and is reimbursed for the theft of your items. In general, you must prove ownership of the articles say were stolen by providing the company with the car rental receipts or other proof of ownership. You should also ask the dealer if all exclusions from coverage before buying. The price of this protection is $ 2 to $ 5 per day.