When renting a vehicle for the first time, sometimes it really gets confusing. Most of you probably don’t know about CDW or additional insurance. And whether you should buy them or not? At the rental car counter, most people struggle with these questions. Well, read on to find out whether you should buy CDW or not.
Most of the companies that provide car rentals in Toronto use one term known as Collision Damage Waiver (a.k.a. CDW). This isn’t precisely insurance. It means if you are involved in an accident, having CDW will cover the damage to the rental car. It doesn’t include personal injury. In this situation, the rental company will waive the damage charges caused by any accident. So, the question arises whether you should buy it or not. Most people buy it though they don’t even need it.
You can avoid undergoing this costly mistake by checking the following things:
- It would be advisable to check what coverage your own car insurance policy carries over car rentals in Toronto.
- Most credit card companies also include coverage for renting.
- Lastly, go through the various options that your car rental company offers. Make sure you read their policies carefully.
Most companies that provide car insurance policies also include collision damages to car rentals in Toronto. So, there is no point in buying the same thing again and wasting your money. But if your policy doesn’t cover any such damages then you should buy CDW to avoid additional charges.
Stay Connected! https://www.instagram.com/rentexcarental/?hl=en