Deciding on whether to take out additional car rental insurance for the rental or choose another option is just another decision you will be confronted with when you decide to rent a vehicle. Depending on who you ask, will depend on the advise you will receive. Take the insurance, don’t take the insurance; you will have to decide which best suits your needs.
If you have been verified by both your car insurance company and credit card company to have insurance should a problem arise while you are in possession of the rental, then you are covered by insurance and the rental is just added expense, however, you still might have issues should there be any damage. Any substantial damage that might happen could exceed the amount or things covered by your car insurance and credit card companies, making you liable for the remaining total.
Not having car insurance or depending on a minimal coverage policy to properly cover any damages incurred when renting a vehicle will put you at greater personal financial risk and would be wise to purchase the additional rental insurance offered by the rental company, to make sure you are properly insured. This will truly give you peace of mind, no matter what occurs while you are renting the vehicle; you will know that the rental vehicle has the coverage that is necessary to keep you protected.
If you have very good car insurance and know that is will cover anything that happens to the rental vehicle in any situation and have additional coverage of the credit card company, you probably won’t need the extra expense of the rental insurance. However, be ready to hear the sales pitch of the rental agent that will sound very convincing. Unless you want to spend the going daily rate of $50 you can ignore any common sense pleas. Just remember to know all your facts to make an informed decision in your best interests.
Driving, either in your personal vehicle or while driving a rental, you are supposed to have adequate insurance and as with most all insurance policies there is a deductible, this included rental vehicles. If this is surprises you, it shouldn’t. The rental insurance is comparable to a regular insurance policy, just for a shorter term, but a insurance policy none the less, with most often the same clauses. Making sure you are insured is the important bottom line to be concerned with.
Don’t get fooled by all of the Australia car rental companies around. Go with Budget, the Car hire company that you are comfortable with.