Whether or not to take out rental insurance, when you are renting a car, has been a major decision among all renters. It is important, when you rent a car, that you understand these companies want to sell you insurance because it is a way for them to make more money. On top of that, rental companies encourage you to take out their insurance because it protects their car, and that is all that matters to them.
The following are some of the most common questions that people have about this type of insurance and the answers may surprise you.
AM I COVERED UNDER MY OWN CAR INSURANCE, EVEN IF DRIVING A RENTAL CAR? This is a big YES! Almost all car insurance companies will cover you, even when you are driving a rental car. I would, however, suggest that you contact your insurance company prior to getting your rental just to be 100% sure.
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.
So before yo arrive at the rental car company to pick up your vehicle check with your insurance and credit car companies to see what you are covered for. This will make you more confident when you refuse the rental companies insurance and you will be saving a lot of money.
If you are looking for brisbane car rentals the best place to go to is www.budget.com.au. While there you will also be able to look into cheap car hire Coolangatta.
