Walk into any rental car depot and you find yourself in an up-seller’s paradise. Clerks try their best to rent vehicles that are more expensive. That is okay, it is their job. But insurance is another matter, and it is a deadly serious one. Let us consider the risks we face, and how collision damage waivers may be inadequate.
How Collision Damage Waivers May Not Cover Us Fully
Car rental companies have a legal right to claim back any damage to their car. They are also entitled to charge for every day the vehicle is out their depot. If a hire car is stolen, or in a repair shop for a week the bill keeps ticking over until it returns. Insurance against these events is essential. We strongly recommend securing this type of cover before you hire.
Car rental companies usually include accident repair insurance in their prices, but without explaining fully how collision damage waivers work. The truth is American states insist they have insurance on their vehicles, but there is no legal duty on their customers to purchase it.
Renters regularly have a heavy excess on their policies and expect their customers to top up the difference. While they have the right to do so, they do not have the right to enforce how their customer pays this. Collision damage waiver insurance is a major income stream for rental firms according to USA Today.
How Car Rental Companies Hope to Upsell Insurance Further
Car rental companies hope to upsell you further by including liability coverage and towing cover too. We invite you, when considering their prices, to compare them with our extremely affordable options, that more and more Americans claim every month. Your best alternative is to pick the cherries that suit you best. We offer to refund the following up to the insured amount:
# Accident, storm, and theft damage, and loss of use during repair
# Cover for vandalism, plus baggage and personal items
# Coverage of all eligible drivers with zero deductibles
# Optional roadside assistance with complete peace of mind
How Our Price Includes Bonzah’s Unique Peace of Mind
You can cancel your cover any time before you sign the rental contract. You can also cancel it if the rental company refuses our insurance. Our underwriters are Arch Insurance rated A+ superior. Don’t pay more than you have to for rental car insurance. Check Bonzah first, now you know how collision damage waivers work.
Image Acknowledgement: Car Accident: Morgan BY CC 2.0