WinsurTech Blog | Insurance Concepts and Practical Solutions

Find out if you need to purchase rental car insurance before approaching the counter. The rental car agency will make several offers to sell you supplementary insurance. Included in this is collision coverage for the rental car itself. It also covers liability insurance in case you hurt someone else or cause damage to their property.
Both of those insurance exclude coverage for lost or stolen personal property. The theft of your laptop from the vehicle is not covered by CDW/LDW or liability insurance.
Rental car firms provide expensive Personal Effects Coverage, which has few benefits, to close this gap […]

Introduction

When someone rents a car, the rental car companies try to sell different types of supplemental coverages. It can include collision coverage that helps to protect the rental vehicle itself. Some rental companies can also provide liability insurance for mishappenings in which the renter (the person who pays money to rent a vehicle from a car rental supplier) causes damage to another person’s property or injury to another person.

Neither of the policies mentioned above can cover stolen or damaged personal property. Let’s assume if some expensive thing like a laptop, jewelry, or cash is […]