Before you pay for insurance you need to decide what insurance protection you wish to have. Some holiday or travel insurance policies will cover certain elements of the following, so make sure you aren’t paying for the same protection twice. These are the different types of insurance policy which you may be offered:
CDW (Collision Damage Waiver): This is the most basic of insurance policies, which offers you reduced liability in the event of an accident – meaning that if an accident is to occur you will not be forced to replace the car.
SCDW (Super Collision Damage Waiver): This is a step up from CDW, and offers complete exclusion for liability if damage is caused to the car. It includes insurance for the car’s tyres, roof and windscreen.
TW (Theft Waiver): This provides insurance against the car gets stolen, meaning you won’t have to pay for the replacement of the car.
PI (Personal Insurance): This form of insurance will protect you if you hurt, injure or kill someone while driving the hire car. It will pay out for any legal fees you may incur (although this is usually covered in your travel insurance )
PEC (Personal Effects Cover): This policy offers you protection if your hire car is stolen, but again this is normally covered by everyday travel insurance.
Check your travel insurance policy for what you are already covered for, and only take out what is missing.
To reduce the cost of large excess charges, but still protect yourself, take out this insurance policy independently, try:
If you travel frequently or are going on an extended holiday, insurance4carhire.com^ offers annual rates, greatly reducing the comparable prices offered by the hire agents. If you do incur a parking ticket while in a hire, or your own, car see pepipoo.com for information on your rights, liabilities and advice from other motorists on how to act.
