Monday, September 17, 2012

CDW : Collision Damage Waiver is an insurance what is usually included in the price. Car rental comp




Is the car rental insurance included in the rental price? This is one of the most common question what people ask before they want to book a car in Dublin or Ireland sta student travel . Third party liability insurance, theft waiwer (TW) and collision damage waiwer most likely included in the price. You can also purchase or decline extra insurance (SCDW) it is your choice.
CDW : Collision Damage Waiver is an insurance what is usually included in the price. Car rental companies make you pay for an excess also known as deductible if you have an accident or the car is stolen, this could be between €900 €2,000 depending on the car category. If you are living and renting from the US in the a basic price option CDW is not included.
Super CDW (Super Collision Damage Waiver): If  you pay an extra at the rental desk you can reduce or remove the excess so if there is an accident sta student travel you pay nothing or only a reduced excess amount. Usually all part of the car is covered with this accept tires, undercarriage and windshields. SCDW can cost from €10 to €20 a day depending sta student travel on car type and the rental company.
sta student travel You can drive away with basic CDW insurance , quotes usually includes the CDW insurance or as also known loss damage waiver (LDW).  If the vehicle is damaged or stolen you will be covered for the most cost of repairing the rental car. However you still have to pay up to the excess amount.
As a car hire client you can purchase additional (SCDW) insurance from the car rental desk.  It could cost €10-€20/day in Ireland . But be aware they have two different products sta student travel which you can choose from. One is the "Damage excess reduction": which reduces your cexcess to €100-€195. The second one is the "Complete cover package" which fully removes the excess.
You can purchase independent car hire excess insurance online from €2.99/day . If you rent cars more often, there is a possibility to buy annual car hire excess policy for only €65/year. Which is a better choice when you rent 14 days or more under 365 days.
These days there are many online sta student travel insurance companies on the market whose core business is the provision of car rental excess insurance. Insurance4carhire invented the products and more followed them ( Questor , Icarhireinsurance , Mondial) offering more options for the clients. These product can cover you not only for the total amount of excess for which you are liable if the rental car is damaged or stolen, but also for damage sta student travel to the roof and undercarriage of the car, windows and tyres, loss of keys, misfueling and even your bags in the car.
The policy can be used with any car hire company and any car. It covers the policy holder and all additional drivers named in the rental agreement, offers full protection sta student travel against the excess charges (up to €3000).
Bad : In case of an accident you deal with a third party (insurance company) not with the company directly. The car rental company will charge your credit card by the amount of excess which will be paid back by the online insurance company. Which usually takes 7-14days.
sta student travel Certain credit cards (ie. Mastercard Platinum) may cover car loss and damage in Ireland while others may not. Please confirm with your credit card company directly and also with the car hire company before picking up your rental car at Dublin Airport. It is also advisable to confirm it for security when you arrive to collect your rental car because sta student travel some rental company will ask for a confirmation letter from your credit card company. Please note : If you decline CDW and using a credit card coverage you may ask to leave a security deposit which is between €2000 to €15000 depending on the company.

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