How to Buy Car Rental Insurance Wisely
Before a holiday or a business trip at a domestic or overseas location, travellers often spend excruciating hours comparing rental insurance and making endless calls to credit card companies. Scoring affordable insurance for rental cars on a budget, especially if you like to travel often, can seem like a Herculean task.
In fact, some travelers don't even bother. They take a chance and hope that their regular auto insurance company has them covered. Many get back from their trips without incident. But there is also the odd accident, a fender bender or a head-on collision on foreign roads. A passenger in another car is injured, and you call your insurance company to realize that there is something called liability, which is not covered by them.
So, as a result of the chance you take, you may have to shell out hundreds or thousands of Euros to pay for damages. It is in order to avoid situations such as this that buying insurance for your rental car is recommended. And while no single insurance provider may be able to give you a comprehensive cover, there are many strategies and avenues through which you could reduce your payouts to prepare for accidents involving your rental car.
Consider the duration of your trip before buying insurance
If your trip will last only a day or two, it is wise to go with the insurance that is offered by rental companies. With the typical schemes they offer you can pay a daily rate of between EUR15 and EUR30 as damage loss waiver.
Without this accident cover, you may find yourself shelling out anywhere between EUR1500 and EUR3000 in damages if you are involved in an accident. Rental agents like auto a noleggio help in comparing rentals and finding out which car company offers the best insurance rates.
Don't depend on your auto insurance company
Once your auto insurance company gets brought in to deal with an accident you have caused with your rental car, you get marked as a risky driver. Your auto insurance premiums may go up.
Using credit card covers wisely
Some travelers like to use the primary cover offered by Platinum credit card companies. Many of the schemes offered by cards like ANZ and American Express are very attractive, with low deductibles and a small annual rate in exchange for excess payments of up to around EUR1500. Note that offers differ across companies, so it is wise to compare.
However most travelers agree that the best option that you have if you are a frequent traveler is to purchase a third party primary cover (shop around for the best prices) along with added on liability cover. While many people swear by their credit card insurance, a large number of people agree that a combination of primary cover and liability cover provides the maximum peace of mind.
In fact, some travelers don't even bother. They take a chance and hope that their regular auto insurance company has them covered. Many get back from their trips without incident. But there is also the odd accident, a fender bender or a head-on collision on foreign roads. A passenger in another car is injured, and you call your insurance company to realize that there is something called liability, which is not covered by them.
So, as a result of the chance you take, you may have to shell out hundreds or thousands of Euros to pay for damages. It is in order to avoid situations such as this that buying insurance for your rental car is recommended. And while no single insurance provider may be able to give you a comprehensive cover, there are many strategies and avenues through which you could reduce your payouts to prepare for accidents involving your rental car.
Consider the duration of your trip before buying insurance
If your trip will last only a day or two, it is wise to go with the insurance that is offered by rental companies. With the typical schemes they offer you can pay a daily rate of between EUR15 and EUR30 as damage loss waiver.
Without this accident cover, you may find yourself shelling out anywhere between EUR1500 and EUR3000 in damages if you are involved in an accident. Rental agents like auto a noleggio help in comparing rentals and finding out which car company offers the best insurance rates.
Don't depend on your auto insurance company
Once your auto insurance company gets brought in to deal with an accident you have caused with your rental car, you get marked as a risky driver. Your auto insurance premiums may go up.
Using credit card covers wisely
Some travelers like to use the primary cover offered by Platinum credit card companies. Many of the schemes offered by cards like ANZ and American Express are very attractive, with low deductibles and a small annual rate in exchange for excess payments of up to around EUR1500. Note that offers differ across companies, so it is wise to compare.
However most travelers agree that the best option that you have if you are a frequent traveler is to purchase a third party primary cover (shop around for the best prices) along with added on liability cover. While many people swear by their credit card insurance, a large number of people agree that a combination of primary cover and liability cover provides the maximum peace of mind.
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