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Free Rental Insurance



W


hen you need to rent a         may also cover the public         
car, one of the most          liability portion of the accident 
important things to do is     and insurance as well. The        
make sure you have insurance. In      coverage is for the policyholder  
the event of a theft or an            who is usually also the renter    
accident in which the vehicle is      and driver of the car. These      
written off, you must cover the       optional waivers can be purchased 
excess value of the vehicle. This     to reduce or eliminate any        
can amount to several thousands       financial exposure you may        
of dollars that will be added to      encounter, including the entire   
your rental bill!                    value of the vehicle and all      
                                      rental revenue lost during its    
Some credit card companies offer      replacement period.               
special plans when you use their                                        
cards to pay for rental vehicles.     Some car clubs and driver         
One of these plans is the Damage      associations also offer this form 
Waiver Benefit, and it provides       of extra coverage to their        
extra coverage for your rental        members, but this coverage isn’t  
vehicle. The Damage Waiver            free of charge. For an annual    
Benefit is designed specifically      fee, which varies among           
to aid you in the event of theft      companies, the same level of      
or an accident involving your         extra protection can be enjoyed.  
rental car. The cost of the           This offers peace of mind to      
coverage is waived for all            occasional and frequent car       
cardholders provided they meet a      renters alike. They advertise     
general set of conditions. This       that the cost of the annual       
excess coverage means that you’re     premium can be saved in a single  
insured in the event that your        month’s rental, but not everyone  
rental vehicle is stolen or the       rents cars by the month. This is  
car is in a bad accident. This        an excellent plan for those       



people and businesses that rent       Some plans have stipulations as   
several vehicles at a time or         to the how long the vehicle will  
many in a month. The extra            be rented. Most will not pay for  
coverage ensures that there will      coverage after thirty consecutive 
be no surprises when it comes         days of rental, and most          
time to pay the rental fee.           passenger cars, minivans, and     
                                      sport utility vehicles are        
Many plans also offer coverage        covered, but some restrictions    
for a locksmith, should you lock      apply. Luxury, exotic, and        
yourself out of your vehicle. The     antique automobiles and some      
usual towing charges to the           types of vans and vehicles with   
nearest repair facility are also      open cargo beds are generally not 
generally covered by these plans.     covered under this sort of plan.  
                                      




About the Author:

Discount Car Rental Canada has over 300 locations coast to coast and offers a wide selection of vehicles to suit all your car rental needs. www.discountcar.com/


Read more articles by: Amy Nutt

Article Source: www.iSnare.com


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