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Rental car insurance in India | |
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There are very few wiser ways of combating the uncertainties of life other than by opting for Insurance. Whether it is a house, a car, jewelries or anything one deems valuable, forces unforeseen or seen may be working towards cruelly divesting us of the same. Car Rental Insurance provides an invaluable cushion against the expenses which might crop up in the wake of any accidents while driving a rented car.
Collision Damage Waiver-Most car rental companies provide an option of damage waiver to the customers. Under this
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scheme, against the daily payment of a nominal sum the customer will be waived the charges for the damages incurred by the car at the time of its lease. This should be seen as an attractive offer considering the astronomical maintenance costs which a damaged rented car might pose.
Other forms of Rental car insurance
Those who decide to circumvent a collision damage waiver generally do it because their Auto Insurance policy covers it or because their credit cards have provisions for such accidents.
Most reputed Auto Insurance policies offer liability insurance for injuries and damages caused to others. It is imperative that one consults one's insurance agent before going ahead with CDW. Some credit card companies offer to pay the damage fees in the eventuality of accidents, provided the full amount of the rental fees has been paid through the card.
In case you find that neither your Auto Insurance nor credit card covers rental car insurance, then you will be well advised if you opt for Collision Damage Waiver.
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