Car Rental Insurance – Things You Should Know About
Written by Huma
Conflicted whether you want car rental insurance or not?
Car Rental Insurance – Things You Should Know About
Yet, the right question is, do you really need a car hire?
No Doubt, the UAE is the main attraction for tourist visits and business exhibitions. When it comes to driving in this country, every experienced individual would recommend you get a car rental.
Visiting Dubai for the first time and being unfamiliar with the places and location can be challenging.
This is where rent a car in Dubai comes into action. Cheap Car rentals have now become an alternative used generally by passengers.
As a result, many rent-a-car companies facilitate their clients with already insured cars as part of their business portfolio. There are many things You Should Know About Car Rental Insurance. They provide insurance on their behalf, so companies bear the expense in case of unfortunate incidents.
However, there is no appeal that visitors should buy rental car insurance while taking long trips or holidaying in Dubai. That being said, we admit that they are beneficial in minimizing financial risk and the peace of mind it affords.
So, if you are looking to evaluate your choices correctly and reasonably you’ve come to the right place.
BuyAnyInsurnace always makes sure it delivers authentic and informative content to our clients. So, let’s see what the perks are of car rental insurance:
1) Company Website
Technological advancements have made the transfer of information quick and easily accessible. In a matter of minutes, you can get a fairly good idea about the rented car, its details, and any insurance policies attached.
Looking at the company website you will get the basic information about the following:
- Most international rent-a-car corporations in the UAE, take extra money for an insured car. So, select the car in which you are satisfied with both the price and the coverage after evaluating all the pros and cons associated with it
- And there is another option; you can go for mandatory comprehensive insurance which is already included in the insurance charges.
2) Understand the process of rental insurance
Advanced information about the rental car insurance types and coverage services gives you an advantage. As a result, you’re liable to make wiser decisions. Furthermore, it will be hard for the company representative to fool you. Also, you can easily grasp the process of obtaining rental car insurance easier.
Following easy steps are involved.
- To know the degree of an already covered rental car, first, you should compare your credit card incentives and other insurance policies like medical, liability, car and homeowners.
- Incidentally, do your online or offline research on the categories defined by the car renter’s protection policies to understand if you require more coverage
3)Find and Compare Best Car Rental Companies
We do a lot of research before making a big purchase. Similarly, compare various car rental rates by visiting different websites. Seek those companies that provide you
- Affordable price in your desired location,
- Free delivery
- Active customer support
- Comprehensive insurance coverage.
4) Full coverage Car Rental Insurance
When you hire a car you are not only paying the rent
but also the
- charge of wear and tear,
- diminished value
- towing and regulatory compensation associated with claims
- police reports
A full coverage insurance policy can guard you against these claims/charges so make sure you remain covered.
5) Credit Card service for rental car insurance
There are serval credit card providers who are offering free Collison rental car insurance for rental cars. Two things should be focused on:
- In the case of primary coverages, you are registered with the credit card firm for this rental car insurance that will cover your Collison insurance and taking responsibility for full payment. Therefore you don’t need to call or sign any documents.
- But in case of secondary coverage, meaning your own auto insurance policy will pay out first.
6)“Must-Haves” in a Rental Car Insurance Policy
Below is our checklist of some essential features that a good rental car insurance the policy must include.
- Windscreen, windows, mirrors, tires, engine and body damage cover
- Cover for loss or damage to personal belongings
- Personal accident cover
- Car rescue and breakdown cover
- Loss or theft of keys
- Cover for legal expenses
7) Rental car insurance Vs own auto insurance
Under many insurance options, you can now avail the best options to determine if you already have coverage within your auto insurance policy.
- Coverage
from your own policy applies when you are using a rental car for personal,
nonbusiness purposes. - The
rules may be different for business use of a rental car. - Check
with your insurer or employer for details about coverage when using a rental
car for business.
8) Long-Term Car Rental
The ideal choice for your long stays (expats) and a long drive is a long-term car rental where you can rent the car for several days.
If you stay for months or a year, get a long-term car rental with rental car insurance. As it makes more sense than normal weekly/monthly car rental insurance
Most car rental companies offer best rental car insurance deals with good insurance packages to their clients who have had the car for a number of months/years. So, you can enjoy the perks with a reasonable amount.
Therefore, renting a car has its own beneficial factors
- If you are an immigrant or expat then you don’t have to buy a car in a country where you are for a few months/years. Therefore, you can save your car from extra mileage and kilometer.
- Car hire also means that now only the insurer will be responsible for covering the expense of renting a car
- You rent a car at a fixed price, sometimes with an option to decide the duration of car rental for 5 days to 2-weeks.
Benefits of Buying Rental Car Insurance
Following are the benefits of buying rental car insurance:
- Peace of mind
- Roadside breakdown and recovery service
- Personal accident cover
- Legal Compliance
- Quick and Easy
Conclusion:
It’s human nature; everyone tries to look for an opportunity where they get a deal for car hire that doesn’t compromise their purchasing power. But lack of understanding almost always lets you down when you can get rental car insurance perks and incentives.
The more you are well informed, the more you can make the right decisions. Clients have to see which hire-car insurance is best suited for their car and financial requirement and read all the terms and conditions while discussing the specification and coverage of each type before renting the car.
FAQs on Car Rental insurance
Ans) Yes it is! Let’s think ahead little, 1. When you hire a car the company gives their property to you and expects the return of the car in one piece. 2. Accidents do happen even when you are not at fault and if you’ve rented a car that is not insured then the responsibility of damage falls on you.3. So, it’s important never to book a car without insurance especially if you’re taking long trips and having it for a number of days.
Ans)This does create confusion when you have to opt-out of the policies for yourself particularly if differing terminology is used. To make it simpler and easier to understand, 1. Rental car insurance will cover you for all charges that you are contractually liable to pay to the Rental Company if the vehicle is damaged or stolen.
1. Collision Damage Waiver (CDW)– These are not insurance products but more likely waivers cover that is based on the concept of supporting the financial aid if the car is damaged or stolen under the renter’s supervision. 2. Liability Insurance – Also known as third party insurance that covers the costs of the other driver’s property and bodily injuries if you’re found at fault in an accident. 3. Personal Accident Insurance – This covers the renter and the passengers against medical and ambulance costs in case of a crash and also provides death benefits.4. Personal Effects Cover – This type of insurance provides protection against loss or theft of valuable belongings from the rental car, up to a set insurance limit
According to the experts, you need liability and damage waiver rental car insurance for your rental car.
Although the car rental amount varies everyday in Dubai, on average you would have to pay $81 per day if you rent a car in Dubai.
Usually rental cars do not have cameras in themselves. But you should have a rearview camera installed in the car for security reasons.
There are many car rental companies in Dubai, but the best is the one that suits your needs. You can compare the quotes from different companies on BuyAnyInsurance and choose the one that suits your needs and budget.
Yes, rental cars can be insured in Dubai.
Yes. But only if you carefully choose your coverage plan. A full coverage can easily double your car expenses.
Yes! You will have the same coverage you already have on your personal auto insurance.
Rental car insurance is different from ordinary car insurance. Every rental car insurance needs a basic package of three types of cover: collision damage waiver, theft protection, and third-party liability.
The answer is as simple as it seems. Anyone renting a car should consider rental car insurance.
You will need the following documents for rental car insurance in the UAE:Your original passportYour driving permitYour driving license
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These Factors Will Change Your Approach to getting Car Insurance in Dubai
Originally published Oct 15, 2019 10:53:26 AM, updated Jun 07, 2024
