Car Insurances Comparison View on Car Rental Insurance
Car Insurances Comparison View on Car Rental Insurance
Car insurance comparison gives you an overview of all the available approaches in the insurance market. One of the most progressive approaches is car rental insurance, which gives cheap premium outcomes with the follow-up of a few tricks and tips.
If you are planning for a vacation in the UAE or you want to use rent-a-car service for any other reason, you need to know about the insurance of the rental cars.
The importance of car rental insurance cannot be emphasized enough. It is important to keep you financially covered and also to keep you mentally relaxed.
The coverage you will require depends on different factors, and you do not want to spend extra just because you didn’t know the facts about rental car insurance.
The insurance laws and car insurances comparison recommend the individuals to get that coverage plan for your car that is most appropriate for its requirement.
Extra mileage, frequent traveling at long distance or being an ex-pat, does compel you to get car insurance after a thorough car insurance comparison but also suggest you get car rental facilities.
As a result, many rent-a-car companies facilitate their clients with already insured cars as part of their business portfolio. They provide insurance on their behalf, so companies bear the expense in case of unfortunate incidents.
You want the best offers and deals for hiring a car that suits your requirements and is not very expensive.
But if this search for renting a car is giving you a tough time or you feel the rental company is not charging you a fair price, then you need to get educated on car insurance comparison and car rental insurance.
Thus, we have formulated the following pointers that need to be overviewed how car insurances Comparison aids in getting benefits from rental car insurance, which can prove to be helpful when you are looking to rent a car in the UAE;
Rental car insurance types
In UAE, the rental car companies are required, by the law, to provide insurance inclusive in the rental price.
Therefore, to get full advantage of this, you should check the car insurance comparison websites to know the market rates and what is included as insurance cover. Then, add optional coverage to cover all the aspects if you want.
There are 4 types of optional rental insurance available:
1.Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW)
If the rented car gets stolen or damaged, these waivers are designed to relieve the renter of any financial liability or responsibility. Thus, these are not technically insurance products.
2. Liability Insurance
This is to provide increased supplementary liability limits for ample protection.
3. Personal Accident Insurance
In case the rental car gets into an accident and unfortunately, the driver or passengers face any injuries, then this coverage provides medical and ambulance costs and also provides death benefits.
4. Personal Effects Cover
This cover provides protection in case the personal belongings of a driver or passengers get stolen from the car. This protection is up to a certain limit.
Process of getting renter’s insurance:
Knowing the aspects already covered and the extent of the coverage you want in the future makes it easier to do car insurance comparison and buy rental car insurance. Following is the process of purchasing rental car insurance;
- Evaluation Through Car insurances Comparison
Evaluate your credit card, medical, homeowner’s and car benefits to know the extent of coverage you already have for hiring a car through car insurance comparison. Then also evaluate the aspects you further want to be covered by the car rental insurance.
Now research the type of policies that renters are offering to know better what services are they providing and what else you need to be covered.
Compare rates through car insurances comparison tools and get deals/packages of different rental companies.
This can be done online or by calling different companies.
Hence, discuss their policies and your requirements and how they can adjust your needs without putting a lot of burden on your pocket. Then go for the best deal offered.
If you decide to hire a car on location, then you can choose missing covers directly from the rental desk.
It should be kept in view that rental companies apart from charging you for repairs, can also charge you for the loss of use of their car, diminished value, administrative and towing fee associated with claims.
Thus, it is very important that you are adequately covered. A comprehensive policy can protect you against these charges.
Comprehensive Car Insurances Comparison:
It is the most common type of insurance in the UAE. It will cover all costs in case the car gets involved in an accident.
But it is only applicable if you have a police report and the accident was not by your fault. If the accident was your fault then you will have to pay only the excess amount which can be different for different types of cars.
If there is no other party or it is a case of hit and runs, you will have to pay the excess amount.
But if it is not your fault, then you don’t have to pay anything at all.
Hence, in all the cases police report is required.
Car insurances comparison also highlights some features that a good rental car insurance policy must-have.
Thus, if you are looking for a rental car insurance policy then you should check for these coverages before you commit and commit to the one that suits your needs best through car insurance comparison.
If the rental company does not have these features already included in their policy then you can always ask them as these companies have the options of add-ons although you may have to pay a little more for these additional covers.
- Windscreen, windows, mirrors, tires, engine and body damage cover
- Cover for loss or damage to personal belongings
- Personal accident cover
- Car rescue and breakdown cover
- Loss or theft of keys
- Cover for legal expenses
In the UAE, rental car insurance services are easy to get and take away your burden by providing comprehensive or full coverage.
The risks are minimal when it comes to hired cars in the UAE. If you have got all the necessary insurance coverage and car insurance comparison rates, then no need to worry if the car you rented breaks down or gets involved in an accident.
You can return the vehicle; the rest is the company’s responsibility. You may need to pay a little more to get comprehensive or full coverage.
But if you are certain that you will not be getting into trouble as you drive carefully, are experienced enough, and do not try to parallel park if there is not enough space, then you don’t even need to get full coverage.
You can save money by just getting the necessary insurance covers. Once you are done with all the formalities, you can relax and enjoy driving around on the roads of the UAE.
As rental car insurance is so easy and convenient, it is one of the major reasons why car hire services are thriving in the UAE.
What is the best platform for the car insurance comparison?
There are a number of car insurance comparison portals like BuyAnyInsurance to get the car insurance premium quotes.
Who is eligible to buy car insurance plans in the UAE?
Any car owner with valid vehicle registration documents, driving license or permit, and residency/citizenship documents can buy car insurance plans in the UAE.
What is a comprehensive car insurance plan?
A comprehensive car insurance plan covers third-party liability, damages to the policyholder’s vehicle, and fire and theft damages as well.
What is the best car insurance comparison site?
USAA, BuyAnyInsurance, etc., are the best car insurance comparison sites.
Who normally has the cheapest car insurance?
USAA, Erie Insurance, Geico, State Farm, etc., are some companies with the cheapest car insurance.
How much is car insurance in UAE?
You will have to pay 1.25%-3% of your car’s original value as your car insurance in the UAE.
Originally published Dec 07, 2019 12:03:22 PM, updated Sep 19, 2022