is car hire fully comprehensive insurance

is car hire fully comprehensive insurance
is car hire fully comprehensive insurance

Many people, when renting cars, complain about the ambiguity of the expenses and types of insurance for rental cars. Most people do not always rent cars, which makes them confused because they do not understand some of the mysterious concepts or terms of insurance for these rental cars. Often when you book a car through the websites, the price is comprehensive for insurance, but if you reach the counter of the insurance employee, you are told that the insurance is not comprehensive and therefore you may become confused and buy what the employee tells you regardless of your understanding of what he means. In this article, we will try to clarify things and make them more simple and easy to understand to help you choose the best insurance when renting any car during your travel or stay.

There are two main types of vehicle insurance:

Third Party Insurance:

 which covers damage to other parties if there is an accident and the mistake was on the tenant.

Comprehensive insurance:

 it is insurance against others, as well as insurance for the lessee for the damages resulting from traffic accidents. When an accident occurs, this type of insurance usually requires paying the costs of the damage to a certain extent (the value of the tolerance). It is called the Excess or Deductible. For example (a person who rented a secured car with a value of $ 3,000, and a traffic accident cost $ 1,000, the tenant pays only one thousand riyals, but if the cost of the accident is $ 10,000, the tenant is required to pay only 3000 riyals). This type of insurance usually does not include faults related to tires or windows. Also, some companies make it not include thefts. This type of insurance is mandatory for cars rented in most cities of the world and is included in the car rental value. This type of insurance has more than one name in lease contracts:

- Collision Damage Waiver (CDW)
- Loss Damage Waiver (LDW)

There are options that can be added to comprehensive insurance:

Theft insurance: It is called Theft Protection or Theft Waiver: This reduces the driver’s liability for costs resulting from the vehicle being stolen to the bearing amount. This insurance usually does not cover protection against theft of personal belongings.

Windows, mirrors, wheels & tires coverage: to cover the damage that occurs to these parts of the car without a traffic accident.

Full Damage Excess Refund: This feature makes the bearing value zero when accidents or damage occur. It may sometimes be called zero deductible, zero excess, or Excess Protection, and it is what is offered to tenants upon receiving the vehicle from the insurance company, which is often higher than the daily car rental value. Also, some companies offer a reduction in the carrying amount instead of making it zero.