Getting ready to sign a contract for a car rental in Maui Hawaii without first considering the offer of supplemental insurance? Yes, it is an extra expense that if avoided would be more money for your trip. But  the question you have to ask yourself is, do you or don’t you really need this insurance? This question is one that should be considered well before you drive off the lot with your rental car, because once you sign on the dotted line you’re liable for the company’s property.


Know the Facts


Anyone who has rented a car in the past will likely give you the advice that you don’t need rental coverage. Typically it’s an added expense that you could have spent on something else. However, before you go on believing them you really need to consider things from your own personal standpoint. Ask yourself a some questions:


1. Do I have insurance coverage?

2. What does my insurance policy cover?

3. Does my credit card company include car rental insurance when renting a car using their card?

4. Will the insurance coverage I have be enough in the event of an accident or theft?


If you cannot accurately answer these questions you need to first find the answers before agreeing or disagreeing to take the extra supplemental insurance.


Do You Have Insurance?


If you are not insured at the moment because you don’t have a day to day vehicle to drive you have no choice but to obtain some form of supplemental insurance for your car rental in Maui Hawaii. Having no coverage on a rental car leaves you on the hook for a lot of out of pocket expenses in the event that something happens.


What Does My Insurance Policy Cover?


For most policy holders your personal insurance provider will also cover a rental car in the event of an accident or theft. However, you must keep in mind that your insurance company will only pay expenses totaling your preselected limit for damages. So  if your damages limit amount was $15,000 that is all your insurance company will pay out.


Liability Coverage – If you have liability insurance it will only cover damages to the other vehicles and property that may have been damaged in an accident. This may or may not pertain to the rental car.


Collision Coverage – full cover on your primary insurance provider means that they will cover the damage that occurred as a result of an accident. This would pertain to the rental car and the cars of anyone else (if you were at fault).


Comprehensive – for those who have comprehensive coverage it will cover all the damages that resulted on the vehicle that are not the direct result of an accident but as a result of things such as vandalism or theft.


Is This Coverage Enough?


The last question is does your insurance policy cover enough of the out of pocket expenses for you in the event of an accident or theft. If you have collision and/or comprehensive chances are the out of pocket would be minimal, whereas the liability coverage may not be enough to cover everything.


Now that you have a more informed decision on your insurance policy, you can make the decision on whether or not having extra cushion such as rental insurance for your car rental in Maui Hawaii is the best choice for you.

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