Car rental is a service that many opt for when looking for temporary cars for various purposes. That can
be either for vacation, a business trip, or when a customer's cart is broken down and an urgent need
pop up. The car rental service has garnered a huge following over the years due to its convenience,
reliability, and affordability. Those customers looking for rental cars car testify that, at some point, they
were introduced to car rental insurance.
Though not mandatory, this insurance is crucial in keeping your car risk-free if things go bad during the
trip. The insurance will cover the vehicle against accidents, fires, theft, and natural disasters. You might
ask why a rental cart needs insurance and how it works. Read on to get yourself up to speed with all
that.
Rental vehicle insurance
Rental cars need the same protection against unforeseen risks, just like any other car deserves.
Therefore, that has brought in the need to have such vehicles fully protected from risks insured against.
Rental car insurance is specially crafted into different forms and levels. These levels are similar to
"premiums," like traditional car insurance. That includes;
- Personal accident insurance
- Collision damage waiver
- Liability insurance
- Personal effect coverage
Collision Damage Waiver
The Collision Damage Waiver, or the Loss Damage Waiver, is a coverage plan offered by the car rental
company for its cars. This particular coverage level plays a vital role in waiving off huge expenses that
result once the rental vehicle falls prey to accidents or is stolen. This form of protection prevents the
events where a car rental company charges a customer in an event where the risk insured against
happens.
However, that means the customer won't be charged a single dime. The Collision Damage Waiver comes
with a deductible where the customer gets charged a small fee in the vent when a risk occurs.
Depending on the damage extent, a small deductible will be applied during repairs and replacement.
Liability insurance
When driving a rental car, the chances of causing accidents should not be underestimated. That is why
most rental companies have resorted to providing car liability insurance coverage. This special
protection coverage offers assistance during accidents. That is only if you are found to be at fault and
cause injuries or death to people or destroy property.
Personal accident insurance
If an accident occurs, you and the passenger might get injured. Once an accident occurs and but bad
chance those in the car get hurt, expenses pop up in the form of ambulance services, treatments and
medication, and clearing hospital bills. Such costs get catered for by personal accident insurance.
Insurance companies promoted the need to purchase such insurance plans to reduce the financial
burden and constraints on the affected customers.
Personal Effects coverage.
When traveling for vacations, road trips, or any other form of trip, we always tend to carry personal
belongings with us. Unfortunately, when an accident occurs, some personal items get destroyed or
stolen and lost. This insurance covers rental vehicles and is specially made to cover such things. That can
be luggage and electronics, among others. Once they get stolen or destroyed during an accident, the
insurance covers manages the loss.
What to consider when choosing rental car insurance cover
Before accepting the request by the rental car company offering you the choice of purchasing an
insurance policy, you need to consider several factors. Here are some of the factors to consider before
getting insurance.
Location
Before driving off with a rental car, you must understand that the location where you drive your vehicle
matters a lot. If you choose to drive-in high-risk areas, you will be a victim of accidents, among other
atrocities. Since calamities ring no bells, the best option is to have rental car insurance secured. This will
protect you and the car from all risks.
Type of car
Rental service-providing companies have a wide array of cars from which you can choose. These cars
vary depending on the size and performance. Besides, they al vary in terms of pricing per day. Therefore,
before choosing rental car insurance, always look into the type of car your car is going for. Luxurious and
high-performance vehicles need to be highly considered. The reason is that luxury and high-
performance cars are costly in repairs compared to regular vehicles.
Final Remarks
Rental car insurance helps keep a rental car free from risks that may result in damages, injuries, and
fatalities. When looking for a rental car service, consider purchasing extra insurance coverage. However,
insurance covers aren’t necessary when looking for a rental car. As rental car providers push for the
need to purchase insurance coverage covers for the vehicle, it should also be noted that extended
warranties should not be ignored. Extended warranties also play a vital role in shielding cars from
unforeseen damages on the car. A-Protect Warranty Corporation is here to get all your needs sorted,
thanks to the extended warranties provided. Get in touch with us via phone (+1-866-660-6444) or email
us at info@a-protectwarranty.com