Insurance is an important consideration when it comes to car rentals here, as it protects you financially against damages or losses that could otherwise leave you high and dry. Fortunately, car rental companies usually offer a variety of insurance options that can provide coverage should something happen.
There are generally two types of insurance available when renting a car:
Collision Damage Waiver (CDW)
A collision damage waiver (CDW) provides coverage for any damage to the rental car caused by an accident or theft. Depending on the rental company, it may cost between 10-25% of the cost of your rental car and is typically required. Be sure to check the full terms and conditions of your contract before signing anything.
Third-Party Liability Insurance
Third-party liability insurance protects you against any property damage or injury liability caused by an at-fault accident involving your Best Rental Car. This type of insurance is usually included in the price of your rental, but it’s important to check with the car rental company before signing a contract to confirm what type and amount of third-party coverage you’re getting.