Why You Need Car Rental Insurance

What is Car Rental Insurance?

Car rental insurance, also known as collision damage waiver (CDW) or loss damage waiver (LDW), is a type of insurance that protects you against financial losses in the event of an accident while renting a car. This type of insurance is usually offered by the car rental company and can be purchased at the time of booking or when picking up your vehicle.

It's important to note that most credit cards, travel insurance policies, and personal auto insurance policies do not provide coverage for car rentals. Therefore, it's crucial to purchase this type of insurance if you're planning to rent a car.

What Does Car Rental Insurance Cover?

Car rental insurance typically covers damages to the vehicle, including accidents, theft, vandalism, and natural disasters. It also provides liability coverage in case you're involved in an accident that injures or kills someone.

Some car rental insurance policies may also offer additional coverage options, such as personal effects coverage (which protects your belongings), roadside assistance, and emergency services.

Why You Should Always Purchase Car Rental Insurance

Purchasing car rental insurance is essential to protect yourself financially in case something goes wrong. Without it, you may be held responsible for any damages or losses, which can result in significant financial burdens.

Additionally, many credit cards and travel insurance policies do not provide coverage for car rentals, leaving you vulnerable to financial loss.