What You Need To Know About Car Rental Insurance

What You Need To Know About Car Rental Insurance

Renting a car has proven to be a convenient method of transportation, especially for a vacation or business trip. But a lot of people are not aware that renting a car may also include a wide variety of risks. Whether you hire a driver or drive on your own, there is always a risk of getting in an accident.

If you rent a car and it gets damaged during the rental period, then there is a good chance that you may end up paying a high penalty both for repairs and replacement. Both personal and business car insurance rarely covers damage done due to rental cars. Before renting a car, it is better to ensure whether or not personal or business vehicle insurance will be the best fit.

You should check out the insurance plans of companies dealing with car rentals to make sure that they will serve you the best and prevent you from paying hefty amount as a penalty on damage cars. Though most of the rental companies have started offering insurance packages for their owed cars, it will be a wise idea first to check whether your vehicle insurance will cover rental cars or not.

Personal Insurance Plans – Cover Damage

Personal insurance plans, including rental cars, are more likely to fully cover damage done to that car in comparison to any rental company insurance plan. Some rental companies take into limited usage plans that may leave you completely responsible for damaged and stolen cars.

Car rental insurance plans generally cover a favorable cost over a day that may add up quickly, even if you go on a short trip. In case you decide to extend your trip for any reason, you need not begin a new insurance plan with the rental company dealing with cheap car hire Cape Town of choice in case the personal insurance works better for rentals.

Most of the car rental companies require filling out new insurance waivers in case there is a change implemented on the length of the car rental period. Even if your personal or business car insurance plan due to any reason, fails to cover rental cars, then there is a pretty chance that your credit card may ensure rentals charged to that card.

You may check the same with your credit card company to verify if all car rentals are insured at the time of purchase. If they are, you need to be sure to find out the types of cars that qualify for insurance. A few credit cards provide coverage for countable small vehicles as opposed to luxury cars. Also, you must verify whether the credit card company provides primary and secondary insurance.

Depending on your car rental excess insurance plan, you can also benefit from the feature of cover against losing luggage. The more extensive your insurance policy is, the higher the amount for luggage coverage is likely to be. When getting car rental excess insurance, you need to be careful about the geographical regions in which you can get the insurance. If you are looking for car rental excess insurance, you need to make sure that you are getting the best deal. You should compare the features and prices of various policies before deciding, which one is best, suited to your needs.

So why wait? Contact us today for a consultation and quote at (772) 287-3625.

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