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Insurance harmony - The trip! You have to map your route and choose Your stops along the way. The only thing left to do is find out Your Car Rental situation.
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| You Get Insurance When You Rent A Car? Insurance To Cover Your Rental — And Really Confused. |
You to your local Rental car Center and Score big on conversion. You are ready to hit the road, right? It is not enough. You are currently offering many choices of insurance to cover your rental — and really confused.
One option is a collision damage waiver. This prevents you from having to pay for the car rental company if the car gets damaged or stolen. If you have a car and your own car insurance, your policy may also cover the rent. You can also check with your credit card company. Some credit cards also offer this coverage premiums. If you are applying for a waiver, you will be removed from the cost of such loss of use fees,which cost the company may charge a fee for lost income while the car is being repaired.
Most rental companies also offer what is called the supplement liability insurance. This type of insurance covers damage to property of others, such as cars, homes andmedical bills you may be responsible for them.
You can also get liability insurance umbrella, in addition to the low-cost policies forhomeowners insurance or your existing car.
You might also be offered personal accident insurance, which covers your medical bills, ambulance costs and provides death benefits to your beneficiaries. If you already have health insurance or life insurance then this option is likely redundant.
About 64% of millennials have car insurance, so if you already have your own plan, you can decline most of these additional insurances. Just know that you’ll probably have to pay the deductible on your plan if an accident occurs. Make sure you know what they’re offering so you can cruise off knowing you’ve made the right decision.
source https://finance.yahoo.com/news/two-minute-money-get-insurance-rent-car-164005317.html
source https://finance.yahoo.com/news/two-minute-money-get-insurance-rent-car-164005317.html
You Get Insurance When You Rent A Car? Insurance To Cover Your Rental — And Really Confused.
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