Insurance for Rental Cars ?
I want to rent a car for a longer time of year , is there any insurer who provides the insurance for rental cars.
Answers:
If it's a long permanent status lease, minimum of 6 months, you can put it on a regular private policy, schedule it as you would any other lease car.
Otherwise, you'll hold to buy the coverage from the rental car company.
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I would embezzle the rental car company's insurance. If something happen, you just return the vehicle, no problems.
The rental saloon company sells insurance as an extra to the daily rental rate.
When renting a coup¨¦, you need insurance. If you own adequate insurance on your own vehicle, including collision and comprehensive, this may be enough.
Before you rent a saloon:
Contact your insurance company.
Find out how much coverage you have on your own motor. In most cases, the coverage and deductibles you have on your personal auto policy would apply to a rental sports car, providing it's used for pleasure and not business. If you don't have comprehensive and collision coverage on your own vehicle, you will not be covered if your rental car is stolen or if it is undermined in an chance.
Call your credit card company.
Find out what insurance your card provides. Levels of coverage vary.
If you don't own auto insurance, you will need to buy coverage at the coup¨¦ rental counter. The following coverages are available to you at the rental car counter:
Collision Damage Waiver (CDW).
Sometimes call a Loss Damage Waiver (LDW), this coverage relieves you of financial responsibility if your rental car is destabilized or stolen. The CDW may be void, however, if you lead to an accident by speeding, driving on unpaved roads or driving while intoxicated. This coverage across the world costs between $9 and $19 a day. If you hold comprehensive and collision on your own car, you may not want to purchase this coverage.