When getting car rental in Singapore, do you get confused with whether to purchase Singapore car rental insurance or not? There are many people who suggest that one should not purchase insurance, whereas some other talk about the benefits of it. What should be done in that case?
Whether to purchase or not to purchase an insurance greatly depends upon type of insurance. Understand these to know what is good for you.
Collision Damage Waiver (CDW): Collision Damage Waiver means that the car rental company is responsible for paying for any collision damage to the rental car. You would be offered with CDW when you sign the agreement for rental car. If you do not take this rental, then any sort of damage to the car would be handled by you.
Personal Accident Insurance (PAI): If you purchase PAI, then the car rental companies would partially cover certain medical bills. So, this insurance would help you with the high cost of medical care. Even if the person dies or get injured in the accident, then too this insurance covers this cost.
Loss Damage Waiver (LDW): Loss Damage Waiver is quite similar to the CDW. This insurance type covers several types of costs, which relates to the accidents. It however varies with different policies of the Singapore Car Rental agencies.
Personal Effects Coverage: This insurance type would help you in case if any personal belonging gets stolen from your rental car. Car rental companies would reimburse the cost of your belongings.
These are different types of car rental insurance, which a person is generally provided with when hiring car on rent. You may pick the one that is beneficial for you, because unlikely situations may occur anytime, so this would help you in such case.
My son had a good appendicitis attack while on holiday and had to have got emergency surgery. He could hardly travel for a few days. An additional week regarding hotel, restaurant food and also car rental was not really in our vacation price range!! We have purchased travel cover ever since. One some other tip: many travel insurance firms insist that you make contact with them "before" you do just about anything i.e. incur expenditures like replacing lost baggage and clothes or visiting a doctor. Another good web site is http://mycover.net.au. Lastly, some travel package providers, like Disney, offer travel insurance. Ciao!
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