What you should know about rental car insurance in Australia.

How does rental car insurance work in australia. It provides very poor coverage if you damage the rental car. In a nutshell it doesnt work like you think. A basic level of coverage automatically comes with renting a car in Australia as all rental companies include Standard Liability or Collision Damage Waiver CDW with their agreements.

It is available a fair amount of the time - ie. Damage cover theft cover and third-party cover. You can purchase coverage for anywhere from a.

The excess isnt always the most that you will be required to pay if anything goes wrong and the exclusions vary by rental. Just like any other travel insurance policy this specialised Rental Vehicle Excess RVE Insurance product provides reimbursement for out of pocket expenses. Buying car rental excess insurance is cheaper if youre on a DUO or Family policy compared to taking out two separate Single trip policies.

The premium to add rental car insurance excess to a DUO or Family policy is the same amount as on a Single policy. If you want to hire a budget car in Australia your best bet is to go to either Sydney Melbourne Perth or Brisbane. It is located in an area where there is a peer-to-peer car rental platform operating.

All rental cars have to have three basic types of cover to be on the road. Purchase Excess Reduction at the Rental. If you are at fault in a car accident you usually have no cover for the damage to the other car.

It covers people for death and injury caused in a car accident but does not provide any cover for damage to vehicles. If you want an even better deal go to car rental companies in proximity to the airport. This article is a snippet from the Ultimate Guide to Rental Car Insurance originally posted on Ride Hacks.