What car rental insurance you need in US?
If you are going to America and you will be renting a car while you there, you must to know something about the car insurance in this North American country. Especially the insurance for renting a car. Here is the post you really should read!
Normally, Car renting company’s Web sites provide the following types of options:
1. Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW). Following the CDW as the representative.
According to different states or companies, the insurance from 10 dollars to 20 ranged from a few dollars a day.On this insurance, car hire people to rent the car to the damage, whether the collision, accident or theft, you need not pay.
The choice of insurance to pay attention to is: Some car rental companies will have a certain Deduction, is the car after the Chuxian, the only part of the cost by the amount of the insurance companies assume that exceeds the commitment by the car rental people. This CDW can only be called “small CDW”, this will provide car hire companies are often called FULL-CDW of insurance available. In other words, you choose the “small CDW”, after the accident you may have to bear part, on a FULL CDW, a collision, accident or car theft, and other related issues, you do not have to bear any costs. For those who choose to FULL CDW or “small CDW”, but also the basis of their personal driving skills, the route to determine the degree of difficulty.
Select recommendations: the U.S. labor costs high, a slight accident a few hundred dollars or even thousands of dollars are possible. On this or that do not have to bear any cost at all.
2. Third-party liability insurance (Liability).
According to different states or companies, the general insurance in the 10-20 dollar per day
with this policy, car rental people to drive their rental car, to the accident, causing the car rental and car hire companies outside the third-party personal or property losses, the insurance for the car rental people can afford such a loss of In whole or in part. Is only part of the burden: different laws of different states, some car rental companies, with only the basic third-party liability insurance, after the the accident, insurance companies only pay a fixed amount, such as the great losses caused by a third party, the excess should be Car Rental responsible. In other words, there is a limit of compensation.
Therefore, car rental companies also provide corresponding called Supplemental Liability Insurance ( “SLI”) or Additional Liability Insurance ( “ALI”) of the additional insurance, the insurance company to increase the amount of the burden, the corresponding decrease your risk.
Choice proposals: to confirm whether the car companies in the capital with the basic third-party liability insurance, this insurance is also on at their own expense. As for the SLI or ALI, individuals under its own specific situation.
3. Personal risk Personal Accident Insurance ( “PAI”) and Personal Effects Insurance ( “PEI”) Many of these two companies for Personal Protection Plan ( “PPP”), the following day at 10 U.S. dollars.
- PAI: on the insurance, the insurance companies to motorists and passengers in a car accident because of the death, injury, the cost of ambulance
AVIS to as an example: the following cases to accompany the driver and passengers to pay for the cost of
Death: 175,000 dollars
Medical: USD 2,500
Ambulance: 250 U.S. dollars
- PEI: on the insurance, the insurance companies to motorists and their families during the car rental property loss of pay. General limit 1,500 dollars.
PEI in the PAI and many companies are PACKAGE for car hire purchase. AVIS also as an example, some companies also provide PAI PLUS options, that is, more on this insurance, death can be accompanied by payment for 175,000 dollars to 250.000 U.S. dollars
If the individual in the local insurance outside the accident including the payment could be considered not on the PAI, As for PEI, their attention more, carry valuables, but also from time on.
Overall, the general car insurance recommendation is: it is worth to spend money to buy protection. Do not covet money or both have chances and give up some important insurance, but also not to because on the whole risk and fear, do not pay attention to traffic safety.