Five Types Of Car Hire Insurance
Posted on October 12th, 2009
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Not yet familiar with car hire insurance? Let’s have a look at what are the main five types of car hire excess insurance?
1. Personal Accident Insurance- Everything should be started from one’s self; even if it is car hire insurance. Personal accident insurance covers in case something happens [including death] to the passenger or renter during the hiring period.
2. Loss Damage Waiver- This is often known as LDW. LDW covers whatever damage or loss happens to the car while it was on rental.
3. Supplemental Liability Insurance- This type of insurance is company dependant and you may not have it by having car hire insurance. This insurance covers whatever [accidents] happens to a third party while during the period of rent.
4. Excess insurance- This type of car hire insurance is not common in all countries. Paying an additional amount will fetch you some extra coverage through this insurance.
5. Personal effects coverage- This coverage will give you compensation in case something happens to your persona belongings.
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