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It was mostly a benefit for people who used Cash or Check as deposits, or had no insurance.
People who had insurance or credit card coverage saw the benefit in not having to file a claim or pay their deductible (usually 500 dollars)
The real benefit was in short term or weekend rentals. If you had the car for 1 or 2 days, you would totally push "Dub". Its worth paying for it for short team deals.
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What is the coverage provided by the damage waiver excess insurance?
The damage waiver excess insurance provides coverage for any additional costs beyond the basic insurance coverage in case of damage to the rented vehicle.
Which insurance companies offer collision insurance?
The forthcoming insurance companies offer collision insurances: Insurance4CarHire, Auto Rental Collision Damage Waiver, Rental Cars and the Collision Damage Waiver, etc.
Do Hertz rentals come with accident insurance?
"Hertz, offers a loss damage waiver, partial damage waiver, limited loss damage waiver, liability insurance supplement, personal accident insurance, and more. These are available at time of purchase and included in daily rentals. More detail information can be found on the website."
How much can a rental car charge your credit card if car is stolen?
This would depend on the insurance that you took out with your car rental company. Check the contract that you signed. Often there is a Damage Waiver and a Theft Waiver. Usually the theft waiver is double that of the damage.
What is covered under CDW insurance?
The CDW (Collision Damage Waiver) insurance covers the following: Liability, collision, theft and other damage. This sort of insurance is offered by car rental companies.
What is a cdw charge on a rental car?
That's your Collision Damage Waiver -- the insurance you purchased on the rental when you rented it.
What is a car insurance excess waiver and how does it work?
A car insurance excess waiver is an optional add-on that can be purchased to reduce or eliminate the excess you would have to pay in the event of a claim. The excess is the amount you are responsible for paying towards a claim before your insurance coverage kicks in. With an excess waiver, you can avoid paying this amount out of pocket, providing you with more financial protection in case of an accident or damage to your vehicle.
What is uninsured motorist property dam?
This is actually "Uninsured motorist property damage coverage" Or Waiver It is the portion of your insurance that covers you if the other motorist has no coverage. If it is a waiver you have to initial it means you have declined this coverage. This is one of many ways the cheapo insurance companies lower your rates.
Who pays for the damages to your vehicle if a rental car is at fault?
It all depends on whether the renter signed up for the car rental company's extra insurance coverage at the beginning of the rental. If LDW (Loss Damage Waiver) or CDW (Collision Damage Waiver) insurance coverage was accepted by the renter, you will likely be dealing with the car rental company's insurance. If the renter declined the extra coverage, then you will deal directly with the renter's personal insurance provider.
What kind of business insurance do car rental places offer?
There are a few insurance plans that are required by law for car rental places. These include: collision damage waiver, liability insurance, personal accident insurance, personal effects coverage.
What is slp charge on rental car?
I believe it stands for "Supplemental Liability Protection". This is liability insurance that covers beyond the minimum that the "damage waiver" insurance covers. Basically it's additional insurance you purchased at the time of the rental.
Which products are sold on the website Insurance4CarHire?
They sell Excess Insurance for rental cars, which covers additonal cases such as theft or CWD (Collision Damage Waiver) which the normal rental insurance might not cover.
