Kinds of rental car insurance in USA
When you sign up for a car rental abroad you can offer several options for insurance policies. Their main difference is the amount of franchise and the risks covered by the rental car insurance.
Franchise is the maximum amount you pay when an insured event occurs. The balance is paid by the insurance company. The amount of franchise can be blocked on the card before returning the car to rental or take cash as a deposit.
Auto Insurance against Damage Car Insurance against Hijacking CDW
(Collision Damage Waiver) + - + CASCO, but without risk of theft SCDW
(Super Collision Damage Waiver) + - - CASCO without a franchise LDW
(Loss Damage Waiver) + + + KASKO with insurance against loss and theft, but with a franchise SLDW
(Super Loss Damage Waiver) + + - Super CASCO (Full Risk Coverage, Zero Franchise)
|Kind of insurance||What is included||Franchise (EXCESS)|
|Auto Insurance against Damage||Car Insurance against Hijacking|
|CDW (Collision Damage Waiver)||+||–||+|
|SCDW (Super Collision Damage Waiver)||+||–||–|
|LDW (Loss Damage Waiver)||+||+||+|
|SLDW (Super Loss Damage Waiver)||+||+||–|
There are several types of rental car insurance in USA, which should be known to an independent traveler.
TLP (Third Liability Protection) or TPL (Third Party Liability) is an analogue of our truck driver (CTR). It covers the property, life or health of third parties affected by your fault. TW (Theft Waiver) or TP (Theft Protection) - additional insurance against theft.
PAI and SPAI (Personal Accident Insurance and Super Personal Accident Insurance) - Health and Life Insurance for Driver and Passengers. If you have made medical travel insurance before you go abroad, then for you it is superfluous.
Which insurance to choose for a rented car
Before choosing insurance, check out the website of the company or the rental manager, which is already included in the rental price of the car.
In some rental offices, basic insurance for losses from CDW (other than CTR) is already included in the amount of the lease. But it may not cover minor damage (glass, scratch, etc.) for which of your card will write a decent amount upon returning the car in case of damage. Alternatively, an extended version of the policy may be offered for an additional fee.
Before processing the documents, be sure to find out what risks cover the type of insurance you choose and which franchise.
We strongly recommend that you clarify this issue in advance, because the terms and conditions of rental car insurance in different countries and companies may vary. So, the CDW can only cover damage from an accident, and may cover other types of damage (from natural disasters, animal attacks, falling to auto objects, etc.).
How to save on rental car insurance: tips for experienced travelers
We often rent a car when traveling abroad. Therefore, we know how to choose the most profitable option of insurance, and we can share useful laughah with you :).
The first and our favorite advice
The first and our favorite advice - take care of this in advance! By drawing up all the necessary documents before traveling, you can in a quiet environment examine all the proposals, ask the manager questions and choose the option that is right for you
Buy insurance separately on specialized resources, and not in a rental office in a complex with a car rental.
We can recommend checked rentalcover.com service, which we use for ourselves. It offers good conditions and really good prices here. Their insurance policies are compatible with virtually all rental companies around the world.
If you plan to travel to several countries, enter the first country on the route in the input field.
As an alternative we can recommend WWI (Worldwide Insurance). The site has different policy options, the total amount will vary depending on the options selected.
In addition to the obvious advantages, in the design of insurance on a third-party resource, and not in a rental, there is one nuance. Upon occurrence of an insured event, you will have to pay the amount of damage from your pocket. The insurance company will reimburse you after submitting the necessary documents. This is a minus, but how significant it is compared to the benefits - it's up to you to decide :)