There has been on going debates about the importance of taking rental insurance, when you are renting an automobile. Many believe that their own car insurance will cover them while they are driving a rental and other feel that the credit card they use to rent the car offers them protection. Somethings that you should take into consideration is that rental companies only push this rental insurance for two reasons; the first is so that they will make extra money on your rental and the second is so that the rental insurance will protect their car. In the end, their car is all that is important to them.
Outlined below, are some of the most commonly asked question in regards to taking out additional renters insurance. Before you rent your next vehicle you will want to take into account all the questions that are answered here. It may save you some money in the end!
WILL MY REGULAR CAR INSURANCE COVER ME WHILE I AM USING A RENTAL? YES….Many insurance companies will still cover you when you are driving in a rental car. However, it is advisable that you contact your insurance company, prior to picking up your rental vehicle, just to make sure that is so. Otherwise you will not be completely confident that you will be covered and may spend money, on rental insurance from the rental company, you could have otherwise saved.
IF I RENT A CAR WITH MY CREDIT CARD, WILL THAT COVER ME FOR DAMAGES THAT MAY OCCUR? YES and NO….Most of the major credit card companies, such as Visa, MasterCard or Discover, offer you additional insurance protection when you use the card to rent a vehicle. Because this may not apply for all credit cards companies you should check with your credit company prior to renting your car. This will give you a piece of mind when turning down the rental insurance for the rental car company.
IF I AM COVERED BY MY CREDIT CARD AND MY CAR INSURANCE DO I NEED TO PURCHASE THE CAR RENTAL INSURANCE JUST IN CASE? Absolutely not. Many companies will tell you that your insurance wont cover everything or that you are leaving yourself open to liability if you don’t take their coverage, however most car rental coverage doesn’t even cover you as well as your own. Many times the companies and their representatives will lead you to believe that this coverage is necessary, but in reality it will provide you with no benefit at all if you are already covered, and therefore this will just be unnecessary money that you will be handing over to the car rental agent.
It is important to determine whether or not you need to purchase this coverage before you show up to rent your next vehicle. Understanding that you are covered in other ways will make you feel more secure when refusing the rental agencies insurance coverage.
Budget Rent a Car is the best site to rent from if you are looking for a car rental Surfers Paradise. They are the leading rental car agency in all of Australia.
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