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When renting a car you may wish to consider taking out rental insurance and there are many choices.:

if you’re renting in the USA and some other countries, you may find that you’re allowed to drive the car away with relatively little insurance in place – though that would be extremely risky;

you may take the insurance form the rental company or choose to search for  policy.;

in many other countries, the rental car may come with some components of rental insurance (typically CDW and third-party) cover included as part of the hire price – you may choose to drive with that alone;

however cover taken this wat may come with limits, so you then have to decide if you want to increase your protection.

It’s a lot to think about!

The USA and some other countries

In the USA, court awards to third parties for personal injury or property damage may usually be huge and easily run into a million dollars or more.

This could work out to be a great deal of money.

That’s why it may make sense to consider increasing the amount of liability cover you have through something called SLI (supplemental liability insurance).

The UK and many European countries

By law in the UK (and some other countries) any rental car must be provided with unlimited insurance protection for third-party claims.

However, other components of the rental company’s insurance may be rather more restricted and still leave you liable to some significant costs.

For example:

the car rental insurance may contain an excess – that’s the amount of contribution you may have to make to any claim and the figure may be as high as £1600;

a number of the rental car’s parts may be excluded from the protection offered by the insurance cover – if they’re damaged it’ll be you who has to pay for their repair or replacement (typically through the rental company debiting your credit card).

Car rental excess cover

Bear in mind that you may be able to take insurance for the excess..

However, you may usually find it’s more cost-efficient to buy a car rental excess cover policy from an online provider. If you make a claim on the rental car insurance you are then able to claim on the policy..

Reducing your risks

Looking closely at the car rental insurance position may be advisable before you sign the dotted line and accept the keys. When considering any policy you may wish to consider that there are terms and conditions in cover..